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Exam (elaborations)

MHA 709 Test 6 – Questions With Proper Solutions

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MHA 709 Test 6 – Questions With Proper Solutions

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MHA 709 Test 6 – Questions With Proper Solutions

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Terms in this set (59)



What are the three factors that make 1) Adjusting organizational culture to support
innovation a strategic priority for innovations, 2) Addressing competition more
hospitals? effectively, 3) Prioritizing capital investments across
strategic opportunities.


What should be considered when The need for innovation, available resources, and
innovation competes with other potential partnerships that align with the
initiatives for resources? organization's vision and goals.


What internal barriers can hinder Lack of familiarity with innovation trends and internal
innovation in healthcare elements.
organizations?


What external barriers can affect Regulations, reimbursement issues, and competition.
healthcare innovation?


How can the strategic planning By incorporating assessments of potential
process be modified to address innovations during internal and external analyses.
innovation?

, What is the focus of most strategic Disruptive innovation.
planning regarding innovation?


What should the internal assessment The objectives of pursuing the innovation and the
of potential innovations determine? opportunity cost of not doing so.


What should be assessed regarding If the current vision allows for innovation and if
the organizational culture and changes are needed to support it.
innovation?


What is the role of SWOT analysis in To identify innovation and innovators as
the context of innovation? opportunities or threats.


During strategy formulation, what Whether innovation should be a standalone goal,
should be decided regarding part of other initiatives, or support other initiatives.
innovation?


What should implementation Resources needed, a clear action plan, and
planning for internally initiated necessary adjustments.
innovations include?


What are the three benefits of 1) Enhances ability to address competition, 2)
addressing innovation in the strategic Ensures innovations align with the organization, 3)
planning process? Justifies required investments within resource limits.


What is a potential outcome if A partnership may be formed to support the
resources for innovation are organization's vision and goals.
unavailable?


What should be included in the The extent of the opportunity to address needs and
assessment of potential innovations? the threat posed to the organization.


How can innovation be highlighted in By incorporating innovation into the vision
an organization's mission statement? statement to show prioritization.

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