HSA 599 Week 6 Discussion 2

HSA 599 Week 6 Discussion 2

"Strategic Alternatives" Please respond to the following:

·         Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare. Suggest two actions that management could take in order to mitigate these challenges.

·         Distinguish between vertical and horizontal integration. Provide one example of the successful implementation of each within a healthcare organization.

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ANS:

•        Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare. Suggest two actions that management could take in order to mitigate these challenges.

Cost leadership is a positioning strategy intended