QUESTIONS & ANSWERS|| 2025
LATEST UPDATE
CEO Compensation should be based on: - ANSWERwhat the institution would have to
pay for a similarly prepared person if that person were employed elsewhere
An essential function of the governing board is to: - ANSWERapprove the mission,
vision, and long-range plan
The key to enhancing board effectiveness is: - ANSWERorganizing the board's work
Members of the medical staff are eligible for full membership on the governing board in
the same manner as other individuals: - ANSWERwhen not legally prohibited
The Chief Executive Officer: - ANSWERrepresents the board internally and externally
Regarding the budget, the board: - ANSWERestablishes guidelines and makes final
choices among competing opportunities
The individual or group responsible for establishing policy, maintaining quality of care,
and providing for institutional management planning is the: - ANSWERGoverning Body
A correct statement regarding trustee serving as fiduciaries is that they can: -
ANSWERbe indicted for alleged theft of facility funds and improper expenditures of
facility funds for personal reasons.
Ultimate responsibility for the mission statement rests with the: - ANSWERGoverning
Board
A key reason for choosing board members is because: - ANSWERof what they can do
for the organization
The bylaws of healthcare organization should include which of the following? -
ANSWERComposition of the governing board, committee, and officers
Successful approaches to strategic planning include: - ANSWERa well-written mission
statement, long-range plane, and fiscal plan plus the history and discussion surrounding
them
The primary challenge facing a prospector is: - ANSWERmanaging diversification
successfully, to guard against expanding too rapidly or into areas they have little
knowledge
, In the introductory stage of a product life cycle: - ANSWERthe introductory stage can be
short and the introductory stage can be long and sales and revenue growth is slow
The primary task of marketing is to: - ANSWERbring about exchanges of values
It would be incorrect to say that: - ANSWERan organization's image is largely the result
of public relations, advertising, selling, and communication efforts.
It is important to understand the consumer adoption process because: -
ANSWERpeople differ significantly in their likelihood to try a new product/service, a
factor that should affect an organization's communications plans for its new product
/service
All of the following can be used to establish marketing budgets? - ANSWERObjective
and task method
All of the following are methods used to forecast future demands except: -
ANSWERestimation of a competitor's current customer base
All of the following statements are true except that: - ANSWERforecasting, if correctly
performed relying on technological forecasting approaches, is an exact science
Which of the following environmental assumptions for the next decade is not
reasonable? - ANSWERThere will be decreased morbidity (substance abuse, violence,
accidents, etc.)
Of the following advertising media, which of the potentially has the maximum selectivity
in reaching defined target audience? - ANSWERDirect mail
The major value of job analysis is that it is: - ANSWERthe cornerstone of human
resources management activities
Comparative methods of performance appraisal that compares one manager to another
to determine performance ratings: - ANSWERare times consuming and useful only for
relatively small groups of employees
A system for providing reward for improvement in productivity should:. - ANSWERfocus
on both nonfinancial and financial rewards
Vertical job enlargement: - ANSWERmust involve supervisor and subordinate in
participative process
A stop-gap measure that a health service might use to manage intergroup conflict,
which allows people to cool down and regain perspective, is: - ANSWERsmoothing