Reasons to Study Operations Management Include Learning About

question 75

Multiple Choice

Reasons to study operations management include learning about:

• A)how people organize themselves for productive enterprise.
• B)how goods and services are produced.
• C)what operations managers do.
• D)a costly part of the enterprise.
• E)all of the above.

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Definitions:

Explanation of Benefits (EOB)

A document provided by insurance companies to describe the costs covered for medical services rendered, and any patient responsibility.

Coinsurance Co-payment Amount

The portion of healthcare service costs that an insured person is responsible for paying, after the insurance has covered its share.

CMS-1500 Form

A standard form used by healthcare providers to submit insurance claims to Medicare and other health insurance providers.

Authorized Person's Signature

The signature of an individual who has been officially empowered to perform a particular action or represent a certain authority.