ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not one of the three types of formulary systems?
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Restricted formulary
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Pediatric formulary
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Open formulary
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Closed formulary
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Explanation:
Detailed explanation-1: -The formulary system is a method by which physicians and pharmacists, working through a Pharmacy and Therapeutics Committee of the medical staff, evaluate and select medications for use in a hospital.
Detailed explanation-2: -While “open” and “closed” formularies typically are used to denote the spectrum of evaluation, from a passive to active process, other permutations of formularies are known to exist.
There is 1 question to complete.