Physician Pocket MBA Pretest

Which phase of strategic planning does strategy formulation take place?

All are characteristics of successful teams except:

Extrinsic motivation tools are more important than intrinsic motivation tools in employee productivity.

On the first day, your first job as a leader involves:

Accrual accounting systems:

Variance analysis is based on all of the following except:

What financial statement shows physicians their labor costs?

The main cause of inefficiency and safety issues in hospital work involves:

All of the following are useful in using root cause analysis to sort out a clinical practice problem except:

Which type of process variation demands attention?

A hospital’s financial health can be determine by all of the following except:

The most valuable element of any negotiation is your:

The best phrase to describe a successful negotiation is:

All are metrics to evaluate the financial aspects of a business plan except:

What term best defines investment risk?