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Question ID 17124

In the course of doing business, health plans conduct basic corporate transactions. For
example, when a health plan engages in the corporate transaction known as aggressive
sourcing, the health plan

Option A

Chooses to contract with vendors who provide specific functions that would otherwise be performed in-house, such as paying claims

Option B

Seeks to obtain the best deals from various vendors for equipment, supplies, and services such as telephones, overnight mail, computer hardware and software, and copy machines

Option C

Merges with one or more companies to form an entirely new company

Option D

Joins with one or more companies, but retains its autonomy and relies on the other companies to perform specific functions

Correct Answer B
Explanation


Question ID 17125

The following statements appear in the Twilight Health Plan's strategic plan:
Increase the percentage of preventive health interventions for total eligible membership
during each of the next three calendar years for the following services: mammography, Pap
smears, immunizations, and first trimester visits for prenatal mothers
Improve customer satisfaction on an annual basis for each of the next three calendar
years, as measured by satisfaction surveys for members, providers, and employer groups
Increase by 30% the number of claims processed by the automated claim payment system
and reduce by 10% the cost of paying claims during the next three years
These statements are examples of Twilight's

Option A

Corporate objectives

Option B

Company mission

Option C

Company vision

Option D

Corporate strategies

Correct Answer A
Explanation

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