A nurse practitioner collaborating with physicians and as a general business partner to provide needed services is an example of which diversification method?
1. Joint venture
2. Conglomerate diversification
3. Concentric diversification
4. Capitation
1
Explanation: 1. A joint venture is a partnership in which each partner contributes different areas of expertise or
resources to create a product or service. Conglomerate diversification is the expansion into
areas that differ from the original service. Concentric diversification is expansion of services
into new markets. Capitation is a fixed fee paid per enrollee for services in an HMO.
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