Ch21 Full Test Bank Tools for Strategic Analysis, Planning, - Test Bank | Health Biz Strategy 2e Moseley by George B. Moseley. DOCX document preview.
CHAPTER 21 TEST BANK
Chapter 21. Tools for Strategic Analysis, Planning, and Management
1. Think about the various analytical tools you have learned about in this chapter, in other parts of the book, and in jobs you may have held. Name three of those tools that you understand and that you are most likely to use in your work in the future.
2. A value chain analysis can be used for several purposes. What information can an organization learn from an analysis of its value chain and how could it use that information.
3. You are the business manager for 10-physician group practice that wants to transition to becoming a “concierge practice”. To succeed in this new format, it would like to learn the “best practices” of other physician groups offering medical care in this way. Where would you start to look for this kind of information? How would you evaluate what you learned and apply it to your current practice?
4. Pick any organization you are familiar with. It could be the school where you are studying health care management. Do a quick and dirty SWOT analysis of the organization. Come up with two examples in each of the four categories: strengths, weaknesses, opportunities, and threats.
5. Describe three health-related issues or problems that would be good subjects for a root cause analysis.
6. Identify the forces in Michael Porter’s Five Forces Model for Industry Analysis.
7. The Boston Consulting Group (BCG) Growth-Share Matrix portrays a corporation’s portfolio of strategic business units (SBUs) or products in four cells – stars, cash cows, question marks, and dogs. For what purposes might a strategic planner use this tool?
8. Briefly explain what a force-field analysis displays and its uses in strategic planning and implementation.