Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 7 pages
Exam (elaborations)

FACHE Exam Flashcards: Complete ACHE Board of Governors Business & Healthcare Management Review for Aspiring Healthcare Executives

Document preview thumbnail
Preview 2 out of 7 pages

Master the FACHE exam with these expertly designed ACHE Board of Governors flashcards focused on business and healthcare administration. Perfect for aspiring healthcare executives, hospital administrators, and management professionals, this resource covers strategic planning, financial management, healthcare operations, leadership, and governance to help you pass the FACHE exam with confidence.

Content preview

FACHE - ACHE BOG EXAM FLASHCARD - BUSINESS

Healthcare Disparities Differences in access of health care services

The Variation in the rates of disease occurrence and disabilities among
Health Disparities
defined groups

Commonly used strategies that combine a target market and a type of
Generic Strategies
differentiation (e.g. low cost)

A method of identifying the distance between the organization's current
Gap Analysis
position and its desired position with regard to its mission, vision, and val

The deliberate effort to establish fruitful relationships with exchange part
Marketing
and stakeholders.

The organizational characteristics of a market that exert a strategic influe
Market Structure
on the intensity and form of competition.

A percentage of total sales volume in a market captured by a brand, prod
Market Share
or company.

Wrong doing or improper conduct especially by a public official or a per
Malfeasance
in a position of trust.

Evaluation of an org's products, assets, operations to determine if the org
Internal Environmental Analysis
carrying out its mission effectively and efficiently.

, FACHE - ACHE BOG EXAM FLASHCARD - BUSINESS
The acquisition/or merger of two or more organizations that produce sim
Horizontal Expansion
products or services.

Assimilation of the vertical components of an org through greater interna
Vertical Integration
control and coordination

A framework for analyzing and org's strengths/weaknesses across flow o
Value Chain product or services development. They are the key internal processes an
performs to create value.

Intentional damage to someone else's contractual/business relationships
Tortious Interference
a 3rd party, causing economic harm.

Tool to understand an org's strategic situation; examines both an orgs int
SWOT
(SW) and external (OT) environments.

Switching Costs Costs associated with changing a product, brand, marketplace, supplier.

Set of decisions about mission, ownership, scope of activity, location and
Strategic Positioning
partners that defines an organization and related it to stakeholders.

Systematic process for envisioning a desired future and translating it that
Strategic Planning
vision into broadly defined goals/objective

Opportunities that when narrowed involve quantum shifts in service
Strategic Opportunities
capabilities or market share, usually by interaction with competitors

Document information

Uploaded on
December 15, 2025
Number of pages
7
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$21.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Brainey
4.8
(352)
Sold
4760
Followers
11
Items
897
Last sold
2 days ago

Reviews from verified buyers




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions