Ch3 Full Test Bank External Environment Assessment - Test Bank | Health Biz Strategy 2e Moseley by George B. Moseley. DOCX document preview.
CHAPTER 03 TEST BANK
Chapter 3. External Environmental Assessment: Law, Economics, Demographics, Technology
1. Explain the term “systems thinking” and its relevance to successful execution of the strategic planning and management process.
2. What are the three basic components of an organization’s external environment?
3. List at least ten stakeholders the of a managed care organization (MCO). Stakeholders are persons or entities that have a stake in the success or failure of an organization.
4. Describe five strategic benefits to an organization that carries out regular external environmental assessments.
5. Describe a multi-step system that an organization might use to gather information about its external environment and apply to its strategic planning and management decisions.
6. List and explain ten external environmental factors to which a 10-physician group practice should pay attention.
7. List and explain ten external environmental factors to which a state Medicaid agency should pay attention.
8. List and explain ten external environmental factors to which a large pharmaceutical company should pay attention.
9. For the organization type in one of the previous three questions, indicate a source from which information might be obtained for each of the ten external environmental factors.
10. There are several trends developing in the external environment of the health care industry with a potential to impact individual organizations. Two examples are the consumer-driven health care movement and the push to implement a nationwide integrated EMR system. You are responsible for strategic initiatives at a 70-bed community hospital. Pick one of these two trends, or another significant trend that interests you, and explain a) what kinds of information about the trend you would like to follow and gather, and b) what strategic decisions might be based on the information that emerges.