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Cvs pharmacy strategy and goals

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Post date April 8, 2021
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Complete an analysis of the key internal factors that have implications for successful implementation of cvs pharmacy strategy and goals/objectives. Your paper should address these topics:

Identify your cvs pharmacy’s core competencies and assess which ones are rare, costly, or not easily imitated.

Present a summary of your organization’s strengths and potential (or currently verifiable) competitive capabilities. Also summarize the organization’s weaknesses. (Note: You will have an opportunity to complete a full SWOT analysis, including threats and opportunities, as part of your week 6 paper.) Put your summary in a table and include a brief narrative explanation of your supporting rationale.

Apply the Resource-Based View (RBV) to help you identify both the tangible and intangible assets cvs pharmacy may be able to use to accomplish its intended strategies.

Consider and discuss the things that may make cvs pharmacy’s resources and capabilities difficult for others to imitate. Use Value Chain Analysis to help you deepen your understanding of the relative value of the resources and capabilities you have identified. Seek objective and independently verifiable evidence of potential rarity of the resources and capabilities.

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Internal environmental analysis CVS

CVS Pharmacy is rated as the biggest pharmacy health care provider in the United States of America. CVS pharmacy provide various service in different parts of the United States which include claims processing, formulary management, plan design and administration, specialty pharmacy, mail order pharmacy service and pharmacy benefit management(Calia, 2014). It is approximated that CVS pharmacy runs 7,000 stores and operates in 49 states of the United States and in the District of Columbia. CVS delivers services and products to their customers through their own stores, third party organization and subsidiaries. In addition, the company allows the customers to place their orders online by login onto CVS.com. Recently, the company expanded its operations by acquiring Caremark Corporation in 2007, thus allowing the company to take over the operations of Caremark’s pharmacy stores.

Core competencies

CVS pharmacy is one of the leading corporation in terms of market share in the retail drug industry. The company has managed to put together its capabilities and resources and utilize them to create a core competencies that make the CVS pharmacy to maintain its position as competitive in the drug industry. The core competencies of CVS pharmacy is the unique ability of innovation and productio………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

………………………………………………………………….Cvs pharmacy strategy and goals………………………………………………………………………………………………………………………………………………………………

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Policy and Strategy Knowledge Base

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Post date March 23, 2021
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Strategic Analysis Tools Managers have many strategic analysis tools at their disposal. The most common strategic analysis tool used by managers and leaders to evaluate the internal and external environment of a company is the SWOT analysis. This form of analysis is widely applicable and is a highly effective tool used by managers and leaders to evaluate problems, challenges, and opportunities. However, the SWOT analysis is only one type of strategic analysis tool to consider. Review the different types of analyses provided in the Policy and Strategy Knowledge Base. To familiarize yourself with various strategic analysis tools, conduct additional research as needed and write a brief expository essay based on the following criteria: Conduct research to identify 2 strategic analysis tools used by managers and leaders to evaluate problems, opportunities, and challenges internal and external to an organization. You may choose to discuss qualitative or quantitative types of analysis tools. Explain the pro’s and con’s of each strategic analysis tool you identified. Explain how each strategic analysis tool is used by managers and leaders to solve problems, address challenges, or to capitalize on opportunities internal or external to an organization. Provide examples demonstrating how you can use both strategic analysis tools to problem solve, address challenges, make improvements, or to capitalize on opportunities from a Research & Development, Marketing, Finance, and Production perspective when you begin “Competition Policy and Strategy Knowledge Base ” Round 1 of the Capsim Core simulation in the future. Use a minimum of three peer-reviewed, scholarly research resources to substantiate your critical thinking, and to provide viable reasoning for your perspectives. Provide unique perspective using no more than one direct quote from research resources. Effectively synthesize research by paraphrasing.

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Qualitative analysis tool

Qualitative is an analysis tool that requires the use of societal inquest on the way people understand their environment in which they live. There many different approach within the existing broader context of this analysis. However, all the approaches share similar objectives of understanding, describing and inferring social occurrence as perceived by the individual, groups and cultures (Berg& Lunes, 2012). Studies have showed that strategic analysis tools managers use qualitative analysis to attempt to discover the experiences, feelings and the behavior of society and what lies at the essential of their lives. For instance, phenomenologists focus on contemplating and brightening an occurrence thus defining the life world, grounded theorist focus on understanding the social progressions and relations, while the ethnographers focus on exploring the culture and customs.

The characteristics of qualitative analysis All the qualitative analysis shares similar procedures and common features, but different data collection and analysis is used based on the field of study(Corbin & Straus, 2008). Some of the common characteristics associat…………………………………………………………………………………………………………………………………………………………………………………………………………………………….

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Tags knowledge, policy, strategy

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Communication strategy of an organization

Post author By admin
Post date March 19, 2021
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For this assignment, you will write a case study analysis that focuses on the communication strategy of an organization of your choice.

In this assignment, you will need to a) summarize the communication strategy of your chosen organization, b) analyze the communication strategy of your chosen organization, and c) explain how you would integrate the communication strategy into the current organization where you work or into a former organization where you have worked.

A. Summarize the Communication Strategy

Locate an article that discusses the communication strategies used by your chosen organization. After reading your chosen article, you may find the exercise below to be helpful in developing a summary paragraph. Identify the author(s) of your chosen article, and complete the following exercise:

[Insert author’s name here] discusses how innovative communication processes have helped [insert name of the organization here] resolve [insert issue here].

The top reason [insert author’s name here] holds that position is __________.

A second reason [insert author’s name here] holds that position is__________.

A third reason [insert author’s name here] holds that position is __________.

After filling in the blanks, you should have a list of the positions andclaims made by the authors about your chosen organization. Shape your notes into a summary paragraph. (Do not simply include the list that you completed in the exercise above.)

Remember that the summary paragraph is where you will present information from the source. You will provide your analysis and interpretation in the following section of the paper.

B. Analyze the Communication Strategy

Be sure to include how the communication strategy impacts the organization on multiple levels. Feel free to use the four levels of sales, services, value chain, and continuous improvement as a model, which was discussed in the case study on the Dell Computer Corporation in the Unit VI Lesson. (Note: Your categories may be different.)

In the analysis portion of the assignment, discuss any problems (or potential problems) with the communications in your chosen organization, and provide potential solutions based on your research. Include ways that effective management could help to provide a solution.

C. Explain Integration Techniques

Finally, explain how this communication strategy could be integrated into your current or former workplace.

You will need to reference at least two academic sources.

Use the standard five-paragraph format (introduction/body/conclusion). APA format should be used. The assignment should be a minimum of three pages in length. Content, organization, and grammar/mechanics will be evaluated.

The link below provides some helpful tips for writing a case study analysis: http://college.cengage.com/business/resources/casestudies/students/writing.htm

Resources

The following resource(s) may help you with this assignment.
◾Citation Guide
◾CSU Online Library Research Guide
◾Submit Writing Center Request

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Introduction

The key objective of a communication strategy is to ensure that information inside and outside the organization is communicated effectively with the sole purpose of achieving the core organizational objective. Studies have showed that communication determines how business operations are carried out(Treweek, et al., 2013). The management uses the communication strategy to inform the employees the targets of the business and how it will be achieved within specified timelines. As a result, it is the duty and responsibility of the management to develop, adopt and implement communication strategy that works best for the organization. This paper analyzed communication strategy used by Access System America, Inc.

Summary of communication strategy

According to Goetsch et al. (2014), Access Systems America, Inc. adopted communication scheme that engages all the shareholders because they have the obligation to meet the organizations’ objectives. This communication strategy enables the management to freely interact with all the shareholders and clients via online based systems(Kasper & Kellerman, 2014). Similarly, the shareholders and clients can access organizations’ website and post their concerns and issues affecting them. These include the suggestion on how the organization should address these concerns. All the issues and concerns posted on the company’s website are seen by the management and those that can be acted upon immediately are addressed. The communication strategy is also designed to allow the sales team to directly interact with the clients on real time. In the process, the sales team gathers the information about the market and advice marketing manager accordingly(Goetsch & Davis, 2014). Typic………………………………………………………………………………………………

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Tags communication, organization, strategy

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Communication strategy that fosters change and innovation in an organization

Post author By admin
Post date March 19, 2021
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For this assignment, you will create a communication strategy that fosters change and innovation in an organization. Explain the context in which it occurs and the options that are available. Develop a solution that will solve the organizational issue and meet the needs of the people involved.
Feel free to use the same organization you researched for the Unit VI and Unit VII assignments. You are not limited to this organization, but it may be easier to complete the assignment since you have already researched it for Unit VI and/or Unit VII. You can use the same sources for all assignments, if applicable.

In the report, you will provide a potential audience analysis, create a purposeful message, and discuss a type of channel that you could use for feedback. Include answers to Neal’s (2010) communication questions, which are listed below:
1.What am I trying to achieve?
2.How will my audience react to what I am trying to achieve?
3.Will my message be resisted?
4.What do I know about my audience that will help me tailor my message? (p.40)

Do not include the question/answers in a bullet or list format. Instead,integrate the responses in your paragraphs.

Use the standard five-paragraph format (introduction/body/conclusion). Include at least two academic sources. APA format should be used. Theassignment should be a minimum of two pages in length. Content, organization,and grammar/mechanics will be evaluated.

Read: fosters change and innovation in an organization

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Communication Strategy

Name:

Grade Course:

Introduction

Communication strategy is very crucial to an organization since its is the only means the company shares important information with its customers. Through communication, the organization is able to understand the needs of the consumers and addresses key issues that affects productivity and performance of the organization(Kasper & Kellerman, 2014). As a result, organization must develop a communication strategy that foster change and innovation. Change and innovation is inevitable in the organization and they play significant role in enhancing competitive advantage of the organization. This paper developed communication strategy aimed at improving change and innovation in Ford Motors.

Context analysis

The essences of developing communication strategy were to use appropriate message to enhance value position of the organization. Recent study showed that effective communication helps the management to convince the employees to embrace change in the organization and attracts employees that foster innovation and creativity. The objective of developing communication strategy was to create a message that explains to the employees the importance of change and how it will enhance innovation in the organization(Johnson-Sheehan, 2017). The second objective was to create the right message that Ford Motors uses in marketing and promotion to show to its customers that its products were manufactured with precise innovation. This ensures that the company keeps up with the existing market forces. It is important to note that change is a process and all the employees needs to be involved to minimize resistance. Drastic change is sometimes necessary if it enhances competitive advantage of the company and drive sales.

Audience reaction

Studies have showed that people react different to the change and to ensure that audiences have a positive reaction to change in the organization, it is appropriate to use transformational style of leadership. This is useful when informing the audience, the reason for initiating change and innovation in the company(Kasper & Kellerman, 2014). It is important to analyze the reaction of the audience and how they will behave after process of change stated. This helps in putting in place mechanism to counter negative reactions. Therefore, the message to use in this case is to inform the employees and the customers the needs for the Ford Motors to initiate change and adopt more innovate techniques in their production. The appropriate communication strategy includes the use of memos for the employees and email to customers as well as the print media. These………….………………………………………………………………………………………………

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Tags change, communication, fosters, innovation, organization, strategy

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Health Care Finance; Health Care Strategy Capstone

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Post date March 16, 2021
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BSHA Core Courses.

• HCS385: Health Care Finance

• HCS499: Health Care Strategy Capstone

• HCIS140: Fundamentals Of Electronic Health Records

• HCS490: Health Care Consumer – Trends And Marketing

• HCS120: Medical Terminology For Health Care Professionals

• HCS235: Health Care Delivery In The U. S.

• HCS305: Health Care Professional Development

• HCS335: Health Care Ethics And Social Responsibility

• HCS370: Organizational Behavior

• HCS325: Health Care Management

• HCS341: Human Resources In Health Care

• Bachelor of Science in Health Administration

• HCS465: Health Care Research Utilization

• HCS131: Business Communication Skills For Health Care Professionals

• HCS483: Health Care Information Systems

• HCS457: Public And Community Health

• HCS451: Health Care Quality Management And Outcomes Analysis

• HCS380: Health Care Accounting

Part 2

Review the BSHA courses listed above.Answer the following questions using approximately 350 words each:

Considering your health care experience- (Health care experience- auditor for clinical trials) which classes in the program do you believe will be most beneficial to your current or future role? Which will be the least beneficial? Why?
Which elective track have you chosen and why do you believe this is the best fit for your career goals?

Part 3

Review the MHA and MHA concentration options below.

Required Course Sequence

MHA Course	Course Name
MHA 505	Systems Thinking in Healthcare Environments
MHA 506	Ethical Marketing: the new Healthcare Economics
MHA 507	Leveraging Informatics in the Health Sector
MHA 508	Navigating the Regulatory Environment in Health Care
MHA 515	Scanning the Health Sector as an Industry Expert
MHA 516	Operating in Structure: Health Sector Policy and Governance
MHA 520	Sector Stakeholders: Identifying and Cultivating Alliances
MHA 542	Leading with Authenticity in the Health Sector
MHA 543	Tackling the talent war in the Health Sector
MHA 560	Creating a sustainable legacy: healthy communities
MHA 598	Leveraging results to build brand in the health sector

Answer the following questions using 200 to 350 words:

If you were to continue your education after completing the BSHA program, which option would you most likely choose? Why?
Read Health Care Strategy Capstone

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Health Administration program

Name:

Grade Course:

Tutor’s Name:

Date of Submission:

Considering your health care experience- (Health care experience- auditor for clinical trials) which classes in the program do you believe will be most beneficial to your current or future role? Which will be the least beneficial? Why?

The classes in the program I believe will be most beneficial to my current or future role as health care experience – auditor for clinical trials are:

HCS305: Health Care Professional Development
HCS335: Health Care Ethics and Social Responsibility
HCS451: Health Care Quality Management and Outcome Analysis
HCS465: Health Care Research Utilization
HCS380: Health Care Accounting

The reason being, Health Care Professional Development will play crucial role in equipping me with the necessary knowledge and skills needed for me to grow and develop professionally in the future. This class was designed to assist medical professionals to develop and grow in their career once they have completed the mandatory course requirement. The class clearly outlines all the necessary step that a medical professional need to do and follow to grow and develop until he/she achieves full potential career-wise. Clinical trials require very strict health care ethics and social responsibility since human beings are used as subjects. This also means that as an auditor in clinical trials, I must observe high standards of health care ethics and social responsibility. The Health Care Ethic and Social Responsibility is one of the core courses of BSHA and it will play critical role in helping me to identify ethical issues in health care. Looking at the course profile, it is evident that the course is designed to assist and encourage learners to clarify their personal ethics with regards to health care issues. These include the various responsibilities that involves the management of population whose ethics may be divergent are identified…………………………………………………………………………………………………

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Tags capstone, finance, health, strategy

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Zip-6 Strategy in Korea

For the past 7 years, Zip-6 has been produced and sold in South Korea through a licensing agreement with the Korean beverage firm Lotse Tsangsung through its Chang Dow Trading Co. subsidiary. Mr. Jung Park, Lotse Tsangsung CEO recently visited Ravi and Keith in Atlanta and revealed that his firm was about to acquire its leading rival in the Korean mhttps://mail.google.com/mail/u/1/#sent?compose=15b8563609d87613arket and as a result, wants to sell its Chang Dow unit. Mr. Park has approached Ravi and Keith with two proposals. First, Lotse Tsangsung is willing to sell Zip-6 its Chang Dow subsidiary. This would represent an acquisition for Zip-6 in the Korean market. Second, if the two firms cannot agree on terms for a purchase of Chang Dow, Lotse Tsangsung is willing to sell its licensing agreement back to Zip-6, which will effectively allow Zip-6 to formulate a new strategy for Zip-6 in Korea. Based on your reading of Where to Produce in the Hill text on pp. 415–422, your Assignment is to address the following in your informative essay: Checklist: Compare the advantages and disadvantages of acquiring the existing firm and continuing production in Korea through acquisition for Zip-6. Compare the advantages and disadvantages of re-purchasing the licensing agreement and either establishing a Zip-6 subsidiary through Greenfield venture and producing Zip-6 in Korea, exporting the product to Korea, franchising to another firm, or re-licensing to another firm. State your choice of options to pursue and your reasons for this choice.

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Business: Zip-6 Strategy in Korea

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(Date)

Zip-6 Strategy in Korea

The choice by Zip-6 to employ acquisition as an investment strategy in Korea offers some advantages and disadvantages. The acquisition of an existing firm offers the added advantage of business goodwill. Starting business in a new business environment can be demanding as there is the cost of market research, creation of a brand name and cultural implications, which are tied to the goodwill of an existing business (Hill, Cronk & Wickramasekera, 2013). Acquiring an existing firm will allow Zip-6 to acquire the already existing customer base, which rids the company of the massive capital outlay on market research and brand establishment.

Relationship building in Asian countries is a key business strategy. Acquiring an existing firm will allow the company to acquire the existing suppliers, who have a better understanding of the local market needs. In addition, it has the advantage of reducing the costs of establishment of a plant, acquisition of workforce and regulatory costs, which may be complex and expensive for a foreign company that is new to a country’s business regulation. Although acquisition offers many advantages, there are demerits to the strategy. According to (Hill, Cronk & Wickramasekera, 2013), acquisition makes it difficult to draw the non-compete clause with the acquired company. Since has been in production of the energy drink in the country for long, they have a great understanding of the ingredients that make the product successful. This would make it difficult to draw………………………..……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

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