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1. Why are the directional strategies both a part of situational analysis and a part of strategy formulation? How is strategy formulation related to situational analysis? Many health care organizations have engaged in vertical and horizontal integration. What is the rationale for these strategies?
2. Think of an organization that you know relatively well and attempt to construct a mission statement in. What components did you choose to emphasize in the statement? Why? What component do you think really embodies the distinctiveness of the organization? Who determines the values of the health care organization? What values do you think should be shared by all health care organizations? Why? Why are values referred to as an organization’s guiding principles? In what sense do values constitute a directional strategy for the organization?
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Write a paper of two to four pages detailing the DMADV steps for designing a new product/process at your firm. Your approach to designing the new product/process at your firm should be similar to that in this case study. Cite your sources in the A..
As CEO please explain your understanding of the issues associated with the “agency problem” as it applies to a corporation
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