Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

NURSING LEADERSHIP > CHAPTER 5 > Flashcards

CHAPTER 5 Flashcards

You may prefer our related Brainscape-certified flashcards:
Nursing Pharmacology flashcards NCLEX-RN® flashcards Nursing Mental Health flashcards Nursing Fundamentals flashcards Nursing Safety & Infection flashcards Nursing Adult Health flashcards NCLEX-PN® flashcards Nursing Management of Care flashcards Nursing Pediatrics flashcards Nursing Maternity flashcards
1
Q

What is planning in nursing management?

A

continuous process of assessing and
establishing goals and objectives and implementing
and evaluating and controlling them.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the purpose of planning in nursing
management?

A

-to increase the chance of success by focusing on
results.
-to force analytic thinking
and evaluation of alternatives, therefore improving
decisions, and
-to orient people to action, instead of
reaction.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the types of plans in nursing
management?

A

strategic plan, operating plan, and continuous or rolling plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is the principle of planning in nursing management?

A

based on the vision, mission, philosophy, and clearly defined objectives of the organization, is
a continuous process, and should be pervasive within the entire organization covering the different departments, services, and the different levels of
management.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are the characteristics of a good plan?

A

A well-developed plan should be precise, guided by
policies and procedures, indicate priorities, develop
flexible and realistic actions, include a logical
sequence of activities, utilize practical methods, and
pervade the whole organization.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is the importance of a positive work environment in planning?

A

promotes good
working relationships and leads towards the
achievement of identified goals.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is the importance of a time-bound plan?

A

ensures that the plan is
completed within a specific timeframe and helps to
keep the plan on track.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are the elements of planning?

A

-forecasting the
future
-Setting the Vision, Mission, Philosophy, Goals and Objectives
-Developing a scheduling programs/projects/activities, set the time frame

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is the first element of planning according to
the provided text?

A

forecast the
future.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is forecasting in the context of planning?

A

Forecasting is looking into the future and deciding in advance where the agency would like to be and what is to be done in order to get there.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is the importance of documenting a plan?

A

Documenting a plan ensures proper dissemination
to all concerned for implementation and evaluation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is the fourth characteristic of a good plan
according to the provided text?

A

it should be realistic and focus on its expected outcome.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Forecasting is looking into the future and deciding in
advance where the agency would like to be and
what is to be done in order to get there.

A

vision statement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is a mission statement?

A

A mission statement is a pre-established and often
self-imposed objective or purpose.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is a philosophy statement?

A

statement of beliefs
and values that directs one’s practice, giving direction towards attainment of a certain goal.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is an objective?

A

desired short-term
condition or achievement, with measurable end
result to be accomplished by specific terms or
individual with a time limit.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is a goal?

A

desired aim or condition towards which
one is willing to work

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the first principle of time management?

A

The first principle of time management is planning
for contingencies, which involves thinking of other
options.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is multitasking?

A

Multitasking is when several tasks are done in less
time.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is time management in the context of planning?

A

allocating of one’s time
through setting goals, assigning priorities,
identifying and eliminating wasted time, and using
managerial techniques.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is nursing budget?

A

allocation of resources for
nursing programs and the delivery of patient care.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is budgeting?

A

systematic financial translation of a
plan and a tool for planning, monitoring, and
controlling cost and meeting expenses.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is a revenue budget?

A

the income the management
expects to generate during the planning period.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is the purpose of a hospital budget?

A

to meet future
service expectations for clients and provide patient
care at minimum cost.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is an expense budget?

A

Expected activity in operational financial terms in a
given period of time.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is an expense budget?

A

expected activity in
operational financial planning.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is a budget?

A

The income the management expects to generate
during the planning period.

14
Q

What is a cash budget?

A

Money received, cash receipt and disbursement
during the planning period.

15
Q

What is a capital budget?

A

Program acquisition, disposal and improvements in
the institutions physical capacity.

16
Q

What is an operating budget?

A

A budget that portrays a company’s expenses,
expected costs, and estimated income, considering
the quarterly or the annual performance.

16
Q

What is a cash budget used for?

A

Estimation of the cash flows of a business over a
specific period of time.

17
Q

What is a personnel budget?

A

A budget for nursing personnel that is based on
quantitative workload measurements such as a
patient acuity system.

17
Q

What is included in an employee-related expenses
budget?

A

Salary and bonuses.

17
Q

What is a supplies and equipment budget?

A

A budget that includes expenses related to
equipment and supplies.

17
Q

What does a personnel budget include?

A

All employee-related expenses, including salary and
bonuses.

18
Q

What is equipment in a business often referred to
as?

A

Tangible property.

19
Q

What is the purpose of a capital budget?

A

To allocate money for the acquisition or
maintenance of fixed assets such as land, buildings,
and equipment.

20
Q

What does a capital budget project?

A

The planned costs of major purchases and
investments.

21
Q

What is the first use of a budget?

A

Planning for the future.

22
Q

What role does a budget serve in monitoring
resource use and measuring a manager’s
performance?

A

An important role.

23
Q

What must be in place for a budget to be an
effective motivational tool for managers?

A

Some type of reward for those who exceed
expectations in planning.

24
Q

What is a nursing budget?

A

A nursing budget is a systematic plan that is an
informed best estimate by nurse administrators of
revenues and nursing expenses.

25
Q

What are the three purposes of a nursing budget?

A
  • to plan the objectives, programs, and activities of nursing services and the fiscal resources needed to
    accomplish them.
    -to motivate nursing workers through analysis of actual experience.
    -to serve as a standard to evaluate the performance of nurse administrators and managers and to increase
    awareness of costs.
26
Q

What are the stages of budget formulation?

A

Formulation stage
Review and Enactment Stage
Execution Stage

27
Q

What is the purpose of the review and enactment
stage of budgeting?

A

to review and approve the budget
before it is implemented.

28
Q

What are the three steps involved in formulation stage?

A

Develop objectives and management plans, gather
all financial, historical, and statistical data, and
analyze data.

29
Q

What are the six steps involved in the Review and
Enactment Stage of budgeting?

A

Prepare unit budget, present unit budgets for
approval, revise and combine into organizational
budget, present to budget council, revise and
present to governing board, revise and distribute to
cost-centered manager.

30
Q

What are the two steps involved in the Execution
Stage of budgeting?

A

Direct and evaluate expenses and receipts, revise
budget if indicated.

30
Q

What are Fixed Costs?

A

costs or expenses that are not
affected by any decrease or increase in the number
of units produced or sold.

31
Q

What are Variable Costs?

A

production costs that change in
proportion to the amount of goods that are produced.

31
Q

What are Sunk Costs?

A

fixed expenses that cannot be
recovered even if a program is cancelled.

31
Q

What are Direct Costs?

A

costs of providing the product
or service and are often considered to be the most
significant costs.

31
Q

What are policies in healthcare?

A

standing plans used repeatedly, or
guides or basic rules that govern action at all levels
in the organization.

32
Q

What are direct costs in healthcare?

A

costs of providing the product or
service and are often considered to be those
directly related to patient care, such as personnel
costs and the variable cost of supplies.

32
Q

What is the importance of developing a time table in
a strategic plan?

A

helps to ensure that each
objective is accomplished within a specified
timeframe.

32
Q

What are standards in healthcare?

A

Standards are the minimal level of achievement
acceptable to meet the set objectives.

32
Q

What are indirect costs in healthcare?

A

expenses that cannot be traced
back to a single cost object or cost source during
the manufacturing process.

33
Q

What are procedures in healthcare?

A

specific guides to action.

33
Q
A
33
Q

What are the stages of planning in healthcare?

A

The stages of planning in healthcare are the
development of the purpose or mission -vision
statement, the creed or philosophy, goals, and
objectives, and the assessment of strengths
(opportunities and threats in achieving the goal.

33
Q

What are the components of a strategic plan?

A

The components of a strategic plan include a vision
statement, the creed or philosophy, goals, and
objectives.

34
Q

What is the purpose of assessing strengths in a
strategic plan?

A

The purpose of assessing strengths is to identify
opportunities and threats in achieving the goal and
objective of the organization.

34
Q

What is the first step in formulating a strategic plan?

A

The first step in formulating a strategic plan is to
create a realistic and general statement of goals.

34
Q

What is the next step after formulating goals in a
strategic plan?

A

The next step is to identify strategies to achieve the
specified goals.

35
Q

What is the purpose of providing guidelines for
developing operational and functional plans in a
strategic plan?

A

The purpose of providing guidelines is to ensure
that the operational and functional plans align with
the overall strategic plan.

36
Q

What is the final step in a strategic plan?

A

The final step is to put the plans into action and
implement them.

36
Q

Why is formative evaluation important in a strategic
plan?

A

Formative evaluation provides reports before,
during, and after the plan is implemented to ensure
that it is on track and to make any necessary
adjustments.

NURSING LEADERSHIP (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions