Question 1

Surprise medical bills are:

Accepted Answer

A)  bills for care that the patient did not understand that they were receiving. 
B)  bills for lab tests that the patient did not know were being ordered. 
C)  bills for care that was received from physicians who were not within the patient's health insurance contracted network. 
D)  bills for care received that the insurance company refuses to cover. 
A)  bills for care that the patient did not understand that they were receiving. 
B)  bills for lab tests that the patient did not know were being ordered. 
C)  bills for care that was received from physicians who were not within the patient's health insurance contracted network. 
D)  bills for care received that the insurance company refuses to cover. C

Question 2

The vast majority of states are doing well in terms of either price or quality transparency information provided to consumers.

Accepted Answer

A) True 
 B)False  False

Question 3

Healthcare costs as a percentage of the gross domestic product (GDP):

Accepted Answer

A)  is a significant proportion of the total GDP. 
B)  although large, is not a major component of the GDP. 
C)  has remained relatively flat since the 1980s. 
D)  has fluctuated rather dramatically each decade, from a high percentage to a relatively small proportion of the GDP. 
A)  is a significant proportion of the total GDP. 
B)  although large, is not a major component of the GDP. 
C)  has remained relatively flat since the 1980s. 
D)  has fluctuated rather dramatically each decade, from a high percentage to a relatively small proportion of the GDP. A

Question 4

Geotechnology will increasingly allow:

Accepted Answer

A)  companies to track pandemics more efficiently. 
B)  seniors to age in place by signaling their movements. 
C)  encourage interactions between communities. 
D)  All of these are correct. 
A)  companies to track pandemics more efficiently. 
B)  seniors to age in place by signaling their movements. 
C)  encourage interactions between communities. 
D)  All of these are correct.

Question 5

Environmental assessment involves the acquisition and use of information about events, trends, and relationships in the environment.

Accepted Answer

A) True 
 B)False

Question 6

By the end of this decade, healthcare spending will reach almost 50% of the U.S. gross domestic product (GDP).

Accepted Answer

A) True 
 B)False

Question 7

Consumer income is composed of:

Accepted Answer

A)  discretionary, gross, and defined income. 
B)  defined, gross, and determined income. 
C)  grand, gross, and discretionary income. 
D)  gross, discretionary, and disposable income. 
A)  discretionary, gross, and defined income. 
B)  defined, gross, and determined income. 
C)  grand, gross, and discretionary income. 
D)  gross, discretionary, and disposable income.

Question 8

Accountable health plans are a value-based model in which:

Accepted Answer

A)  consumers pay a low price for the cost of their care. 
B)  the value of the plan to companies is the low cost to cover employees for a wide range of services (medical, dental, mental health). 
C)  organizations are reimbursed based on quality metrics and reductions in cost of care data. 
D)  All of these are correct. 
A)  consumers pay a low price for the cost of their care. 
B)  the value of the plan to companies is the low cost to cover employees for a wide range of services (medical, dental, mental health). 
C)  organizations are reimbursed based on quality metrics and reductions in cost of care data. 
D)  All of these are correct.

Question 9

In many metropolitan markets, the insurance provider competitive scenario could best be described as:

Accepted Answer

A)  monopolistic competition. 
B)  pure competition. 
C)  a monopoly. 
D)  an oligopoly. 
A)  monopolistic competition. 
B)  pure competition. 
C)  a monopoly. 
D)  an oligopoly.

Question 10

Higher healthcare expenditures in the United States are attributed to technology, the fragmented health insurance system, and pharmaceutical costs.

Accepted Answer

A) True 
 B)False

Question 11

When price levels rise faster than income:

Accepted Answer

A)  the result is pressure on reimbursement. 
B)  it is referred to as deflation. 
C)  it is referred to as inflation. 
D)  significant cost pressures occur. 
A)  the result is pressure on reimbursement. 
B)  it is referred to as deflation. 
C)  it is referred to as inflation. 
D)  significant cost pressures occur.

Question 12

The decline in buying power when prices rise faster than income is called inflation.

Accepted Answer

A) True 
 B)False

Question 13

The reviews of hospital quality provided on social media sites such as Yelp do not relate in any way to real, objective hospital quality ratings.

Accepted Answer

A) True 
 B)False

Question 14

Although almost half of all adults search the Internet for health information, most still seek out medical attention after doing so.

Accepted Answer

A) True 
 B)False

Question 15

As more women have entered the medical profession, the compensation gap between the genders has decreased substantially.

Accepted Answer

A) True 
 B)False

Question 16

Healthcare spending in the United States is higher than in all Western countries except Germany, and health outcomes are higher.

Accepted Answer

A) True 
 B)False

Question 17

Compared to other Western economies, the United States spends more on health care. What is the outcome of this high spending on health care?

Accepted Answer

A)  The U.S. population, on average, is healthier than that in other countries. 
B)  Life expectancies are lower than average compared to other OECD states. 
C)  The dollar return is greater with better mortality for all ages, except children younger than 5 years. 
D)  The United States is the healthiest Western population based on dollars spent per capita. 
A)  The U.S. population, on average, is healthier than that in other countries. 
B)  Life expectancies are lower than average compared to other OECD states. 
C)  The dollar return is greater with better mortality for all ages, except children younger than 5 years. 
D)  The United States is the healthiest Western population based on dollars spent per capita.

Question 18

The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as:

Accepted Answer

A)  gross income. 
B)  discretionary income. 
C)  defined income. 
D)  disposable income. 
A)  gross income. 
B)  discretionary income. 
C)  defined income. 
D)  disposable income.

Surprise medical bills are:

The vast majority of states are doing well in terms of either price or quality transparency information provided to consumers.

Healthcare costs as a percentage of the gross domestic product (GDP):

Geotechnology will increasingly allow:

Environmental assessment involves the acquisition and use of information about events, trends, and relationships in the environment.

By the end of this decade, healthcare spending will reach almost 50% of the U.S. gross domestic product (GDP).

Consumer income is composed of:

Accountable health plans are a value-based model in which:

In many metropolitan markets, the insurance provider competitive scenario could best be described as:

Higher healthcare expenditures in the United States are attributed to technology, the fragmented health insurance system, and pharmaceutical costs.

When price levels rise faster than income:

The decline in buying power when prices rise faster than income is called inflation.

The reviews of hospital quality provided on social media sites such as Yelp do not relate in any way to real, objective hospital quality ratings.

Although almost half of all adults search the Internet for health information, most still seek out medical attention after doing so.

As more women have entered the medical profession, the compensation gap between the genders has decreased substantially.

Healthcare spending in the United States is higher than in all Western countries except Germany, and health outcomes are higher.

Compared to other Western economies, the United States spends more on health care. What is the outcome of this high spending on health care?

The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as:

The Meaning of Marketing

Marketing Strategy

Buyer Behavior

Marketing Research

Market Segmentation

Developing Customer Loyalty

Marketing in the Digital Age

Product Strategy

Prices

Distribution

Promotion

Advertising

Sales and Sales Management

Controlling and Monitoring

Ethical Considerations in Marketing

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Exam 3: The Environment of Marketing Strategy

Surprise medical bills are:

The vast majority of states are doing well in terms of either price or quality transparency information provided to consumers.

Healthcare costs as a percentage of the gross domestic product (GDP):

Geotechnology will increasingly allow:

Environmental assessment involves the acquisition and use of information about events, trends, and relationships in the environment.

By the end of this decade, healthcare spending will reach almost 50% of the U.S. gross domestic product (GDP).

Consumer income is composed of:

Accountable health plans are a value-based model in which:

In many metropolitan markets, the insurance provider competitive scenario could best be described as:

Higher healthcare expenditures in the United States are attributed to technology, the fragmented health insurance system, and pharmaceutical costs.

When price levels rise faster than income:

The decline in buying power when prices rise faster than income is called inflation.

The reviews of hospital quality provided on social media sites such as Yelp do not relate in any way to real, objective hospital quality ratings.

Although almost half of all adults search the Internet for health information, most still seek out medical attention after doing so.

As more women have entered the medical profession, the compensation gap between the genders has decreased substantially.

Healthcare spending in the United States is higher than in all Western countries except Germany, and health outcomes are higher.

Compared to other Western economies, the United States spends more on health care. What is the outcome of this high spending on health care?

The amount of money a consumer has left after paying for food, clothing, and shelter is referred to as:

The Meaning of Marketing

Marketing Strategy

Buyer Behavior

Marketing Research

Market Segmentation

Developing Customer Loyalty

Marketing in the Digital Age

Product Strategy

Prices

Distribution

Promotion

Advertising

Sales and Sales Management

Controlling and Monitoring

Ethical Considerations in Marketing

Filters