FORECASTING

Question 1

As a generalization, it can be asserted that managerial success belongs to those who \_\_\_.
1. Successfully prepare for the future
2. Are reactive on every front
3. Constantly take initiatives 
4. Conserve resource 
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Answer 1

Successfully prepare for the future

Question 2

Nursing home administrators should anticipate and successfully prepare for \_\_\_.
1. Increased reimbursement
2. New long term care legislation 
3. Increased longevity
4. Rapid change
54

Answer 2

Rapid change

Question 3

The long term care industry has entered a period in which \_\_\_ change/s can be expected.
1. Fewer
2. More Dramatic
3. Rapid and far reaching
4. A more controlled rate of 
55

Answer 3

Rapid and far reaching

Question 4

The ability to accurately predict the future implications for nursing facilities of new trends to which the present environment may offer small clues is the skill needed to successfully \_\_\_.
1. Forecast 
2. Review
3. Read the meaning of history
4. Learn from the past
56

Answer 4

Forecast

Question 5

Historically, during the 1970s and early 1980s (until the diagnosis related group method of reimbursement, i.e., the DRGs) nursing facility administrators made long range projections during a period of ___.
1. Unlimited change
2. Intense social scrutiny of reimbursement mechanisms
3. Relative stability in the health care field
4. Rapid social change
57

Answer 5

Relative stability in the health care field

Question 6

The rate of change in the health care field is believed to be \_\_\_.
1. Slowing down
2. Coming under control
3. Increasing exponentially
4. Retrenching
58

Answer 6

Increasing exponentially

Question 7

Researchers have predicted that every 10 years \_\_\_ of all current knowledge and accepted practices in the health care and other industries will be \_\_\_.
1. One-fourth/obsolete
2. One-half/obsolete
3. Three-fourths/still usable
4. Four-fifths/stil usable
59

Answer 7

One-fourth/obsolete

Question 8

It is conceivable that the core business of the nursing in this decade will ___ the core business of the nursing home of the next decade.
1. Be entirely different from
2. Remain relatively stable and closely resemble
3. Undergo change at a slower pace than
4. Be remarkably similar to
60

Answer 8

Be entirely different from

Question 9

One should expect that over the next few decades the rules governing the nursing home will be ___.
1. Relatively stable
2. New, never experienced before
3. Even more formalized by Congressional legislation
4. Enforced less due to decreased personnel available to state and federal agencies
61

Answer 9

New, never experienced before

Question 10

Nursing homes that stick to conventional formulas for success are/will ___.
1. Be more likely to survive
2. Miss new markets and be in a backwash
3. Be more likely to produce a steady profit
4. Survive while those introducing constant change will lose needed focus
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Answer 10

Miss new markets and be in a backwash

Question 11

In the text it is argued that for the first time in human history the capacity exists to provide ___.
1. Complete health care for all citizens
2. A high level of health care for all citizens
3. More health care than any nation can afford
4. Affordable health care for all
63

Answer 11

More health care than any nation can afford

Question 12

The roles possible for hospitals, nursing homes, home health agencies, and managed care organizations are ___.
1. Predictable and, likely, manageable
2. Sorting themselves out
3. Being more and more successfully managed by government
4. Endless and will remain up for grabs
64

Answer 12

Endless and will remain up for grabs

Question 13

The staff in nursing facilities, over the next two decades, will likely ___.
1. Experience culture shock
2. Be reduced in staff/patient ratios
3. Become accustomed to a predictable core business
4. Remain committed to the facility, lowering turnover
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Answer 13

Experience culture shock