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HCA 375 Exam 1 Questions with Correct Answers Latest Update

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HCA 375 Exam 1 Questions with Correct Answers Latest Update SWOT - Answers strengths, weaknesses, opportunities, threats SP - Answers strategic planning Bureaucratic - Answers layers of administration, rules, and routine, can get to the point of hindering effectiveness KPI - Answers Key Performance Indicator 4 Phases of SP: - Answers 1. Environmental Assessment 2. Vision 3. Strategic Profile 4. Implementation SP Phase I - Answers Environmental Assessment Internal assessments look at (4): - Answers 1. org framework 2. performance indicators 3. Market research 4. Financial performance External/environmental assessments look at (4): - Answers 1. industry forces 2. market analysis 3. regulatory environment 4. collaborative opportunities PESTEL analysis - Answers Political Economic Social Technological Environmental Legal Porter's Five Forces - Answers 1. The threat of new entrants 2. The bargaining power of customers 3. The bargaining power of suppliers 4. The threat of substitutes 5. competitive rivalry Benchmarking - Answers comparing organization performance to industry standards and competitors Tools for the environmental scan (4): - Answers 1. market research 2. scenario planning 3. environmental scanning 4. data analytics SP Phase II: - Answers Vision service line - Answers specialty Three organizational systems that are affected by change: - Answers 1) technical 2) political 3) cultural Technical system - Answers business processes of the organization political system - Answers distribution of power or influence within the organization cultural system - Answers style and values that defines how the organization typically operates Foresight tools - Answers (trend scanning, futures wheel, and scenario planning) allow organizations to plan and adapt Key hospital stakeholders (4): - Answers - patients and families - staff - community leaders and policymakers

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Institution
HCA 375
Course
HCA 375

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HCA 375 Exam 1 Questions with Correct Answers Latest Update 2025-2026

SWOT - Answers strengths, weaknesses, opportunities, threats

SP - Answers strategic planning

Bureaucratic - Answers layers of administration, rules, and routine, can get to the point of
hindering effectiveness

KPI - Answers Key Performance Indicator

4 Phases of SP: - Answers 1. Environmental Assessment

2. Vision

3. Strategic Profile

4. Implementation

SP Phase I - Answers Environmental Assessment

Internal assessments look at (4): - Answers 1. org framework

2. performance indicators

3. Market research

4. Financial performance

External/environmental assessments look at (4): - Answers 1. industry forces

2. market analysis

3. regulatory environment

4. collaborative opportunities

PESTEL analysis - Answers Political

Economic

Social

Technological

Environmental

Legal

Porter's Five Forces - Answers 1. The threat of new entrants

, 2. The bargaining power of customers

3. The bargaining power of suppliers

4. The threat of substitutes

5. competitive rivalry

Benchmarking - Answers comparing organization performance to industry standards and
competitors

Tools for the environmental scan (4): - Answers 1. market research

2. scenario planning

3. environmental scanning

4. data analytics

SP Phase II: - Answers Vision

service line - Answers specialty

Three organizational systems that are affected by change: - Answers 1) technical

2) political

3) cultural

Technical system - Answers business processes of the organization

political system - Answers distribution of power or influence within the organization

cultural system - Answers style and values that defines how the organization typically operates

Foresight tools - Answers (trend scanning, futures wheel, and scenario planning) allow
organizations to plan and adapt

Key hospital stakeholders (4): - Answers - patients and families

- staff

- community leaders and policymakers

- payers and partners

supply chain shortages, staffing gaps, and cyber threats are an example of ______ - Answers
operational risks

extreme weather and power failures are examples of ______ - Answers environmental risks

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Institution
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HCA 375

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