Author Question: Which indicate the purpose of strategic planning? Select all that apply. 1. Identify external ... (Read 32 times)

jho37 · **on:** Jul 8, 2018

Which indicate the purpose of strategic planning? Select all that apply.

1. Identify external strengths.
2. Identify external weaknesses.
3. Recognize potential changes.
4. Evaluate goals, objectives, and activities.
5. Determine the market position of competitors.
6. Determine market position once yearly.

Question 2

A nurse manager writes the following note: Over personnel budget by 1,250 in April due to late snowstorm. Nurses unable to get to work. Overtime wages paid. Why is this note important?

1. It will help the manager create the budget for the next year.
2. It is required by The Joint Commission.
3. All variances must be documented and forwarded to the hospital attorney.
4. It ensures that there is no question of diversion of hospital funds.

nmyers · **Reply #1 on:** Jul 8, 2018

Answer to Question 1

1, 3, 4, 6
Explanation: 1. The strategic planning process identifies external strengths, internal weaknesses, looks for
potential environmental changes, evaluates performance on goals, objectives, and activities, as
well as determines the market position of competitors. Strategic

Answer to Question 2

1
Rationale 1: Keeping notes regarding variances is a key way of preparing for the next budget cycle.
Rationale 2: This is not a Joint Commission requirement.
Rationale 3: A budgetary variance is not the same as a client care variance.
Rationale 4: These notes are not kept as evidence disputing diversion of hospital funds.
Global Rationale: