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Exam (elaborations)

FACHE - ACHE BOG EXAM FLASHCARD – BUSINESS-Graded A

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FACHE - ACHE BOG EXAM FLASHCARD – BUSINESS-Graded A

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FACHE - ACHE BOG EXAM FLASHCARD
– BUSINESS-Graded A

Healthcare Disparities - Correct Answers-Differences in access of health care services

Health Disparities - Correct Answers-The Variation in the rates of disease occurrence
and disabilities among defined groups

Generic Strategies - Correct Answers-Commonly used strategies that combine a target
market and a type of differentiation (e.g. low cost)

Gap Analysis - Correct Answers-A method of identifying the distance between the
organization's current position and its desired position with regard to its mission, vision,
and values.

Marketing - Correct Answers-The deliberate effort to establish fruitful relationships with
exchange parters and stakeholders.

Market Structure - Correct Answers-The organizational characteristics of a market that
exert a strategic influence on the intensity and form of competition.

Market Share - Correct Answers-A percentage of total sales volume in a market
captured by a brand, product, or company.

Malfeasance - Correct Answers-Wrong doing or improper conduct especially by a public
official or a person in a position of trust.

Internal Environmental Analysis - Correct Answers-Evaluation of an org's products,
assets, operations to determine if the org is carrying out its mission effectively and
efficiently.

Horizontal Expansion - Correct Answers-The acquisition/or merger of two or more
organizations that produce similar products or services.

Vertical Integration - Correct Answers-Assimilation of the vertical components of an org
through greater internal control and coordination

Value Chain - Correct Answers-A framework for analyzing and org's
strengths/weaknesses across flow of product or services development. They are the
key internal processes an org performs to create value.

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