HSM 402 POST EXAM STUDY GUIDE LATEST EXAM QUESTIONS
AND CORRECT ANSWERS GRADED A+/ NUR 100 LATEST EXAM
The healthcare industry is one of the most heavily regulated sectors in the United States.
Ans: true
Quiz Patient origin studies allow firms to better understand where their patients live.
Ans: true
Quiz Influences from the societal environment do not affect healthcare greatly.
Ans: false
Quiz The formula for the four-firm concentration ratio is =?_(i=1)^n???(MS)?^2+?(MS)?^2 ?+ (MS)?^2+
(MS)?^2
Ans: true
Quiz What is not correct regarding the product life cycle?
,Ans: It may not apply to fad products.
Quiz Which is not part of the societal environment?
Ans: Product development
Quiz Perfect competition is distinct from the other market structures in that its products are
Ans: undifferentiated.
Quiz It is reasonably easy to determine the boundaries of different industries.
Ans: false
Quiz Monopolistic competition has just one firm that could be very large.
Ans: false
Quiz In which market structure can consumers more easily find substitutes?
Ans: Perfect competition
Quiz Patient or customer origin studies identify
, Ans: The proportion of customers or patients coming from different zip codes
Quiz What is not a phase of a product life cycle?
Ans: Deficit
Quiz Monopolists' primary strategic focus is on
Ans: Keeping potential competitors out
Quiz Most healthcare systems in the United States exist in oligopolistic market structures
Ans: true
Quiz In which phase of a product life cycle might it be best to enter as a new firm?
Ans: growth
Quiz There are many examples of markets that exhibit actual perfect competition.
Ans: false
Quiz Healthcare information technology is predicted to be one of the major technology advances in the
twenty-first century.
AND CORRECT ANSWERS GRADED A+/ NUR 100 LATEST EXAM
The healthcare industry is one of the most heavily regulated sectors in the United States.
Ans: true
Quiz Patient origin studies allow firms to better understand where their patients live.
Ans: true
Quiz Influences from the societal environment do not affect healthcare greatly.
Ans: false
Quiz The formula for the four-firm concentration ratio is =?_(i=1)^n???(MS)?^2+?(MS)?^2 ?+ (MS)?^2+
(MS)?^2
Ans: true
Quiz What is not correct regarding the product life cycle?
,Ans: It may not apply to fad products.
Quiz Which is not part of the societal environment?
Ans: Product development
Quiz Perfect competition is distinct from the other market structures in that its products are
Ans: undifferentiated.
Quiz It is reasonably easy to determine the boundaries of different industries.
Ans: false
Quiz Monopolistic competition has just one firm that could be very large.
Ans: false
Quiz In which market structure can consumers more easily find substitutes?
Ans: Perfect competition
Quiz Patient or customer origin studies identify
, Ans: The proportion of customers or patients coming from different zip codes
Quiz What is not a phase of a product life cycle?
Ans: Deficit
Quiz Monopolists' primary strategic focus is on
Ans: Keeping potential competitors out
Quiz Most healthcare systems in the United States exist in oligopolistic market structures
Ans: true
Quiz In which phase of a product life cycle might it be best to enter as a new firm?
Ans: growth
Quiz There are many examples of markets that exhibit actual perfect competition.
Ans: false
Quiz Healthcare information technology is predicted to be one of the major technology advances in the
twenty-first century.
