1. Long run growth rate, changes in demand, macro environmental factors, and industry profitability are all examples of:
A. competitive strength of a business unit or product in the GE McKinsey framework
B. VRIO resources
C. industry attractiveness factors in the GE McKinsey framework
D. PESTLE factors
2. Which of the following is not an indicator for measuring success in this scenario (from Q3): Within 10 years, the hospital wants to be a fully integrated health care delivery system for the community and to provide cancer care that ensures the highest quality services and ease of access.
A) More patient visits and referrals
B) External recognition
C) Increase in reimbursement
3. After an analysis, the following was highlighted: Radiologist with latest medical imaging equipment creates scheduling procedures to ensure patient wait time is minimized.
A) Threats
B) Resources and competencies
D) Opportunity
E) Weakness