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Strategic Practice Management

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1.  Retention of employee talent begins with which of the following general human resource procedures?
  1. The interview
  2. The pay
  3. The Onboarding Process
  4. Presentation of the Key Performance Indicators (KPIs)
2.  Which of the following is a Lagging Economic indicator?
  1. Manufacturing Activity
  2. Gross Domestic Product
  3. Retail Sales
  4. Housing Market
3.  Which of the following factors is a Low risk for an audiology business?
  1. Economic
  2. Technology
  3. Demographics
  4. All of the above
4.  Which section of a formal business plan is written last?
  1. Financial Section
  2. Competition Section
  3. Mission/Vision Section
  4. Executive Summary
5.  Which of the following concepts are used to determine an overall competitive strategy within the marketplace?
  1. Personal Style & Generation
  2. Porter’s Five Forces
  3. Three Circle Analysis
  4. Treasury Note Yield

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