_______ Occurs When Changes to Prices Charged to Payers Changes

question 7

Multiple Choice

_______ occurs when changes to prices charged to payers changes as a compensating response to changes in administered prices of a different payer.

• A) Scale economies
• B) Sunk cost
• C) Cost-shifting
• D) Moral hazard
• E) Hospital services price inflation

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Definitions:

Job Embeddedness

The extent to which employees feel committed to their job and community, influencing their decision to stay or leave the organization.

Human Resource Strategies

Long-term plans outlining how a company will manage and deploy its workforce to achieve its business objectives.

Organization's Culture

the values, beliefs, rituals, symbols, and practices that define the unique character and social environment of an organization.

HR Strategy Formulation

The process of developing and implementing plans and actions by the Human Resources department to align the workforce's skills and capabilities with the organization's overall strategic objectives.