Number of baby boomers are on verge of retiring

Assignment Help Marketing Management
Reference no: EM131321069

1. Demographic trends suggest that a large number of baby boomers are on the verge of retiring. The Bay Area Medical Practice is meeting to focus on its next 5-year strategic plan. It has performed a patient analysis and has determined that 40% of its patient base is baby boomers. From an operational perspective, how might this group respond to this in terms of the four Ps of marketing strategy?

2. What environmental factors would you suggest account for: (a) in-company clinics that deal with employee medical problems, such as the one established by Toyota, and (b) the success of after-hours clinics and urgent care facilities in many metropolitan areas?

3. Assume you were hired to design a MCO plan targeted to baby boomers in San Antonio, Texas, a city with a large Hispanic population. How would you make this service offering unique to respond to the major trends discussed within this chapter?

4. Two large multi specialty medical groups have recently asked you to conduct audits using the BCG matrix. For the first group, your analysis reveals the following distribution of services: Cash cows-65%; stars-10%; problem children- 20%; dogs-5%. In the second group, the distribution is: Cash cows- 20%; stars-60%; problem children-15%; dogs-5%. Provide your analysis to each group.

5. In recent years, there has been a growing attempt to measure the performance of health care providers. The federal government and the states have published data on how hospitals are compared to acceptable clinical standards with regard to pneumonia. Explain how these data could affect the consumer decision-making process.

6. On what level of Maslow's Hierarchy of Needs would you place each of the following decisions: (a) buying health insurance, (b) going skiing, (c) following a low-fat diet?

7. The United States is experiencing a decline of the middle class. What does this trend imply for the future of organizations such as: (a) the U.S. Public Health Service, which operates many inner-city health clinics for the economically disadvantaged, and (b) the Scripps Clinic, a large multispecialty group practice in Southern California? For years, the Scripps Clinic was seen as an exclusive medical provider known not only for treatment but also for its research.

Reference no: EM131321069

Questions Cloud

Examine the interitem reliability of your measure : Hypochondriacs are obsessed with their health, talk a great deal about their real and imagined health problems, and visit their physician frequently. Imagine that you developed an 8-item self-report measure of hypochondriacal tendencies.
Book value of equity is equal to market value of equity : Your company doesn't face any taxes and has $262 million in assets, currently financed entirely with equity. Equity is worth $9.2 per share, and book value of equity is equal to market value of equity. What will be the level of expected EPS if they s..
What are the low level and high level lifetimes of electrons : An n-type Si crystal (1017 donor/cm3) contains 1015 Au/cm3. What are the low level and high level lifetimes of electrons and holes in this sample?
Identify and explain countertrade : Identify and explain countertrade. Give one example of a product and marketer where countertrade has been used.
Number of baby boomers are on verge of retiring : 1. Demographic trends suggest that a large number of baby boomers are on the verge of retiring. The Bay Area Medical Practice is meeting to focus on its next 5-year strategic plan. It has performed a patient analysis and has determined that 40% of..
How long would it take to detect 100 photons : The infrared photon flux is 1014cm-2s-1. How long would it take to detect 100 photons using an indium detector of 1 cm2area?
Identify the moral issue and the parties involved : In studying the subculture of a particular group, a sociologist must be accepted by the people and gain their trust. One such researcher is studying the people in an urban slum. She learns through their confidence that certain members of the co..
Calculate time to failure when 10v is applied : Calculate the time to failure when 10V is applied to a 100A VLSI oxide. What is the maximum applied voltage to the oxide film for 10-year life?
Three factors affecting channel choice : What are the three factors affecting channel choice? Briefly discuss how each factor might influence a company to implement a direct channel of distribution.

Reviews

Write a Review

Marketing Management Questions & Answers

  You are the ceo of a small chain of womens clothing stores

you are the ceo of a small chain of womens clothing stores. you notice that your total sales are beginning to dwindle

  Who will win the auction and how much will this person pay

If the seller holds a second-price, sealed-bid auction, who will win the auction and how much will this person pay? - who will win the desk and how much will he or she have to pay?

  There are three key consumer criteria

Q1. There are three key consumer criteria that determine whether a brand association can truly function as a point-of-difference. When the Westin Stamford hotel in Singapore advertised that it was the world's tallest hotel, it attempted to create a p..

  Need a statistare the distribution objectives and strategies

Need a statistical analysis on harassment in the united states military

  Identifying major competitors products, trends and market

What is meant by "a Competitive Profile Matrix (CPM)"? How is this related to a company's strategy? --Construct a CPM for Royal Caribbean --Briefly identify the industry in which Royal Caribbean operates, identifying major competitors, products, tren..

  Describe the product or service and desired brand image

The Final Paper will be titled "An Integrated Marketing Strategy for ____." You will fill in the blank with an existing or a new brand name of your choice. Describe the product or service and desired brand image

  Your earned value analysis calculates the pv was 1700 the

your earned value analysis calculates the pv was 1700 the ev is 1850 and the ac is 2100 so we have a cv of -250 and an

  Explian the primary purpose of branding

The primary purpose of branding is: To prevent competitors from stealing product ideas. To boost customer satisfaction. To identify a product

  What kinds of problems could you foresee with his approach

1. what do you think of toms appoach to forming a team to address the problem?2. what kinds of problems could you

  Create an information pack for prospective new clients

Create an information pack for prospective new clients that outlines the principles of strategic marketing. Your pack must cover the following topics:

  How you intend to ensure the organizations vision mission

write a proposal of no more than 750 words outlining the research approach you will use for your strategic plan due in

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!

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