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HSA Exam #2 2026/2027 | Latest Updated Questions & Answers | Study Guide

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HSA Exam #2 2026/2027 | Latest Updated Questions & Answers | Study Guide

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HSA Exam #2 2026/2027 | Latest Updated
Questions & Answers | Study Guide


Strategic Planning - correct answer-the process of identifying a desired future
state for an organization and a means to achieve it


Competitive advantage - correct answer-a specific aspect of an organization that
allows it to outperform its competitors


Strategic Planning Process - correct answer-the process consists mainly of two
interrelated activities: the development of the strategic plan and execution of the
organization's strategy


SWOT analysis - correct answer-an analysis of an organization's strengths,
weaknesses, opportunities, and threats


SWOT- the EXTERNAL market factors - correct answer-1. health care workforce
2. consumers and payers
3. innovations in technology
4. regulatory environment
5. competitive rivalry
6. market volume forecast

, SWOT -the INTERNAL organization factors - correct answer-1. organizational
volume forecast
2. financial condition
3. strategic performance
4. core capabilities


Market Assessment - correct answer-a competitive analysis model that looks at
five market or industry forces that, when combined, determine the attractiveness
of competing in a particular market


Five Forces Model - correct answer-1. power of health care workforce
2. power of consumers and payers
3. regulatory environment
4. competitive rivalry
5. innovations in technology


Power of health care workforce - correct answer-an analysis of the availability of
all subsets of health care providers who are critical to an organization's success


power of consumers and payers - correct answer-the influence of individuals and
collective health care insurers have on health care providers and the consumers


regulatory environment - correct answer-represents the collective effects of
legislative issues on local, state, and federal levels on an organization's strategy

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