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I need some assistance with these assignment. setting strategic goals of health care organization Thank you in advance for the help!
I need some assistance with these assignment. setting strategic goals of health care organization Thank you in advance for the help! The author has rightly presented that formulation of business strategies always depend on the environment as the environment affects policies formulated within the specified industry. In formulating business strategies, the business environment remains a fundamental element of consideration as the environment directly affects the policies. Business environmental analysis becomes the first step aimed at creating a clear understanding of the environment. The analysis provides businesses with crucial information pertaining to existing trends within various industries. Analysis, therefore, becomes essential when determining the future policies for businesses as it provides information which can assist policy-makers in formulating valid and viable policies for companies and businesses. The development of policies ensures businesses remain profitable and competitive within their respective industries. The Bayshore community hospital should conduct an extensive environmental analysis of the medical industry within its immediate environment. This analysis could enable the hospital to become competitive as well as offer information regarding the industry. When formulating the strategic plan for the next several years, the hospital needs to consider the environmental analysis seriously. The environment shall enable the hospital to realize the strengths existing within its structure that could initiate programs aimed at exploiting these opportunities. This would place the hospital in a better position, in the future, compared to other hospitals within New Jersey. Exploitation of these strengths could ensure the hospital experiences growth and remains competitive within the industry. Through business environment analysis, the hospital could also identify any possible weaknesses within the structures. These weaknesses might become setbacks as the establishment seeks to develop long-term strategic plans.
