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ACHE BOG Exam Sample Test -100 Questions and Answers Already Passed CEO Compensation should be based on: ✔✔what the institution would have to pay for a similarly prepared person if that person were employed elsewhere ...

ACHE BOG Exam Sample Test -100 Questions and Answers Already Passed CEO Compensation should be based on: ✔✔what the institution would have to pay for a similarly prepared person if that person were employed elsewhere An essential function of the governing board is to: ✔✔approve the mission, vision, and longrange plan The key to enhancing board effectiveness is: ✔✔organizing the board's work Members of the medical staff are eligible for full membership on the governing board in the same manner as other individuals: ✔✔when not legally prohibited The Chief Executive Officer: ✔✔represents the board internally and externally Regarding the budget, the board: ✔✔establishes guidelines and makes final choices among competing opportunities The individual or group responsible for establishing policy, maintaining quality of care, and providing for institutional management planning is the: ✔✔Governing Body A correct statement regarding trustee serving as fiduciaries is that they can: ✔✔be indicted for alleged theft of facility funds and improper expenditures of facility funds for personal reasons. Ultimate responsibility for the mission statement rests with the: ✔✔Governing Board A key reason for choosing board members is because: ✔✔of what they can do for the organization The bylaws of healthcare organization should include which of the following? ✔✔Composition of the governing board, committee, and officers Successful approaches to strategic planning include: ✔✔a well-written mission statement, longrange plane, and fiscal plan plus the history and discussion surrounding them The primary challenge facing a prospector is: ✔✔managing diversification successfully, to guard against expanding too rapidly or into areas they have little knowledge In the introductory stage of a product life cycle: ✔✔the introductory stage can be short and the introductory stage can be long and sales and revenue growth is slow The primary task of marketing is to: ✔✔bring about exchanges of values It would be incorrect to say that: ✔✔an organization's image is largely the result of public relations, advertising, selling, and communication efforts. It is important to understand the consumer adoption process because: ✔✔people differ significantly in their likelihood to try a new product/service, a factor that should affect an organization's communications plans for its new product /service

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