“Strategic Choices” Please respond to the following:
- 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.
- 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.
“Deciding on a Strategy” Please respond to the following:
- 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.
- 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.