1. CEO Compensation should be based on ANSW >>>
a. the compensation arrangement with prior CEO
b. executive compensation in local corporations with similar gross revenues
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, c. present day salary plus cost-of living adjustment
d. what the institution would have to pay for a similarly prepared person if that
person were employed elsewhere ANSW >>> d. what the institution would have to
pay for a similarly prepared person if that person were employed elsewhere
2. An essential function of the governing board is to ANSW >>>
a. approve the mission, vision, and long-range plan
b. focus on strategic planning
c. prepare the operating plan
d. review the performance of departmental managers ANSW >>> a. approve the
mission, vision, and long-range plan
3. The key to enhancing board effectiveness is ANSW >>>
a. getting the right people to serve on the board
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, b. supporting and selecting the right CEO
c. orientating and training the CEO
d. organizing the board's work ANSW >>> d. organizing the board's work
4. Members of the medical staff are eligible for full membership on the govern-
ing board in the same manner as other individuals ANSW >>>
a. when not legally prohibited
b. when they do not actively practice in the organization
c. when they are not full-time employees
d. if they are not foreign nationals ANSW >>> a. when not legally prohibited
5. The Chief Executive Officer ANSW >>>
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, a. is a member of the board
b. represents the board internally and externally
c. is not a member of the board
d. has a contract with the board ANSW >>> b. represents the board internally an
externally
6. Regarding the budget, the board ANSW >>>
a. does not use the budget exercise as a way to improve quality and produc-
tivity
b. gets involved in preparing budgets for all operational units
c. decides which personnel are needed in top management
d. establishes guidelines and makes final choices among competing op-
portunities ANSW >>> d. establishes guidelines and makes final choices among
competing opportunities
https://www.stuvia.com/user/CULTIVATED
a. the compensation arrangement with prior CEO
b. executive compensation in local corporations with similar gross revenues
https://www.stuvia.com/user/CULTIVATED
, c. present day salary plus cost-of living adjustment
d. what the institution would have to pay for a similarly prepared person if that
person were employed elsewhere ANSW >>> d. what the institution would have to
pay for a similarly prepared person if that person were employed elsewhere
2. An essential function of the governing board is to ANSW >>>
a. approve the mission, vision, and long-range plan
b. focus on strategic planning
c. prepare the operating plan
d. review the performance of departmental managers ANSW >>> a. approve the
mission, vision, and long-range plan
3. The key to enhancing board effectiveness is ANSW >>>
a. getting the right people to serve on the board
https://www.stuvia.com/user/CULTIVATED
, b. supporting and selecting the right CEO
c. orientating and training the CEO
d. organizing the board's work ANSW >>> d. organizing the board's work
4. Members of the medical staff are eligible for full membership on the govern-
ing board in the same manner as other individuals ANSW >>>
a. when not legally prohibited
b. when they do not actively practice in the organization
c. when they are not full-time employees
d. if they are not foreign nationals ANSW >>> a. when not legally prohibited
5. The Chief Executive Officer ANSW >>>
https://www.stuvia.com/user/CULTIVATED
, a. is a member of the board
b. represents the board internally and externally
c. is not a member of the board
d. has a contract with the board ANSW >>> b. represents the board internally an
externally
6. Regarding the budget, the board ANSW >>>
a. does not use the budget exercise as a way to improve quality and produc-
tivity
b. gets involved in preparing budgets for all operational units
c. decides which personnel are needed in top management
d. establishes guidelines and makes final choices among competing op-
portunities ANSW >>> d. establishes guidelines and makes final choices among
competing opportunities
https://www.stuvia.com/user/CULTIVATED
