6) When hospitals add diagnostic services , imaging services, etc., they are:

a) Exploiting economies of scale

b) Exploiting economies of scope

c) Diversifying risk

d) Eliminating waste

7. The BCG matrix:

a) Refers to a tool for analyzing the portfolio of businesses held by an organization

b) Was developed by the boston consulting group

c) Both a and b

d) Neither a nor b

8. The coordination of services among operating units that are at different stages of the process of delivery patient services refers to

a) Vertical integration

b) Horizontal integration

c) Blue oceans

d) Red oceans

9. A product can be differentiated in terms of:

a) Product features

b) Product aesthetics

c) Brand name

d) All of the above

10. Texas is the state with the highest number of specialty hospitals. Which of the following is a major reason why Texas is a big location for specialty hospitals?

a) There is a high need for facilities due to large aling population

b) Texas allows both nonprofit and for-profit hospitals to be built

c) Texas does not require a certificate of need

d) Large landmass requires more hospitals to be built