Discussion :
1. trategy Development
Question A. Differentiate between each of the following strategies: directional, adaptive, market entry, competitive. Provide one example of each to support your response.
Question B. Provide one example of a specific value-added service, and demonstrate the fundamental manner in which the service in question would correspond to market entry or competitive strategy
2. Strategic Alternatives
Question A. Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare. Suggest two actions that management could take in order to mitigate these challenges.
Question B. Distinguish between vertical and horizontal integration. Provide one example of the successful implementation of each within a healthcare organization.
3. Strategic Choices
Question A. Determine one key distinction between each of the following strategies: adaptive, market entry, and competitive. Provide one example of each strategy to support your response.
Question B. Examine the nature of a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Suggest the manner in which a SWOT could help a healthcare organization implement a market entry strategy.
4. Deciding on a Strategy
Question A. Examine the concept of product life cycle analysis. Provide one example of the way in which this analysis can help an organization to determine whether to continue offering a specific service to the community it serves.
Question B. Determine two reasons why the Boston Consulting Group (BCG) portfolio analysis would be effective in developing a specific adaptive strategy for a healthcare organization. Provide a rationale for your position.
1 page each discussion, double-spaced; 12 point, Times New Roman font; following APA requirements
References should be on a separate reference page, appropriately double-spaced, and organized alphabetically.
Resource:
Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic management of health care organizations (7th ed.). San Francisco, CA: Jossey-Bass.