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Management Studies

Which business cost containment approach is being used in the healthcare industry?

1) Lean: based on the Toyota model of reducing inefficiencies but improving quality care.

2) Six Sigma: A Motorola approach that uses statistics to identify patient care issues

3) Plan, Do, Study, Act: A four step process that improves workflow.

4) All are correct

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92477463

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