User Account

All Pages

Healthcare industry definition and market analysis

Assignment Help Operation Management
Reference no: EM132296320

Homework Assignment: Situational Analysis: Healthcare Industry Definition and Market Analysis

Industry Definition and Market Analysis

This week after engaging in the exercises and Constructive Actions, and reviewing the materials provided, prepare to submit your Industry Definition and Market Analysis. Your submission should include:

Industry Description and Outlook – Describe your industry, including its current size and historic growth rate as well as other trends and characteristics (e.g., life cycle stage, projected growth rate). Next, list the major customer groups within your industry.

Information About Your Industry Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:

Distinguishing characteristics – What are the critical needs of your potential customers? Are those needs being met? What are the demographics of the group and where are they located? Are there any seasonal or cyclical purchasing trends that may impact your business?

Size of the primary target market – In addition to the size of your market, what data can you include about the annual purchases your market makes in your industry? What is the forecasted market growth for this group?

How much market share can you gain? – What is the market share percentage and number of customers you expect to obtain in a defined geographic area? Explain the logic behind your calculation.

Reference no: EM132296320

Questions Cloud

Role of creativity and innovation in frank successes-failure : What was the role of creativity and innovation in Frank's successes and failures?
Analysis and Design Definition in the BABOK : Analysis and Design Definition in the BABOK.
Negligent in manufacturing the deathtrap snow-blower : Can you successfully sue BigCorp? Why or why not? Does it matter whether BigCorp was negligent in manufacturing the “Deathtrap” snow-blower?
Develop two dimensional spreadsheet that contains constants : 7CNMN013W Risk Management for Projects Assignment - University of Westminster- WESTMINSTER BUISNESS SCHOOL, UK. Develop two dimensional spreadsheet
Healthcare industry definition and market analysis : Homework Assignment: Situational Analysis: Healthcare Industry Definition and Market Analysis
Southwest airlines-in different world : Return to HBS case reprint, "Southwest Airlines: In a Different World."
Identify service standards and best practice models : Elaborate on how to identify service standards and best practice models.
Developed monthly forecasts for family of products : A ?Juarez, Mexico, manufacturer of roofing supplies has developed monthly forecasts for a family of products.
Focus more on internal recruiting or on external recruiting : If you were an HR executive at Wegmans, would you focus more on internal recruiting or on external recruiting?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd