Author Question: The statement, We will increase our profit by 8 each year, is an example of a(n): a. strategic ... (Read 40 times)

saliriagwu

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The statement, We will increase our profit by 8 each year, is an example of a(n):
 
  a. strategic plan.
  b. mission statement.
  c. organization objective.
  d. implementation strategy.

Question 2

Disturbed Energy Field is recognized as a diagnostic domain by the North American Nursing Diagnosis Association (NANDA).
 
  Indicate whether the statement is true or false



mbcrismon

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Answer to Question 1

C
Objectives generally are written in terms of financial outcomes that relate to improvements in an organization's fiscal health and those that will result in a stronger position for the institution in the industry. For example, a for-profit hospital may set a financial objective to increase earnings growth by a specific percentage each year. A specific strategic objective might be to achieve lower overall costs than competitors or to attain technological advantage.

Answer to Question 2

T



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