Bias for Action Refers To

question 17

Multiple Choice

Bias for action refers to:

• A)targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market.
• B)a formal statement of a set of business goals.
• C)establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems.
• D)the propensity to act or decide without customary analysis or sufficient information.
• E)exploiting a new business opportunity with limited funds.

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Definitions:

Practice Management (PM) Software System

A type of software designed to manage the day-to-day operations of healthcare practices, including scheduling, billing, and patient records management.

Electronic Medical Record (EMR) System

A digital version of a patient's paper chart that makes information available instantly and securely to authorized users.

Federal Trade Commission (FTC)

a U.S. federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Fair Debt Collection Practices Act (FDCPA)

A United States federal law established to promote fair debt collection practices, aiming to eliminate abusive, deceptive, and unfair debt collection practices.