SHEET GUARANTEED TO PASS
◉ Health Disparities. Answer: The Variation in the rates of disease
occurrence and disabilities among defined groups
◉ Generic Strategies. Answer: Commonly used strategies that combine
a target market and a type of differentiation (e.g. low cost)
◉ Gap Analysis. Answer: A method of identifying the distance between
the organization's current position and its desired position with regard to
its mission, vision, and values.
◉ Marketing. Answer: The deliberate effort to establish fruitful
relationships with exchange parters and stakeholders.
◉ Market Structure. Answer: The organizational characteristics of a
market that exert a strategic influence on the intensity and form of
competition.
◉ Market Share. Answer: A percentage of total sales volume in a market
captured by a brand, product, or company.
, ◉ Malfeasance. Answer: Wrong doing or improper conduct especially
by a public official or a person in a position of trust.
◉ Internal Environmental Analysis. Answer: Evaluation of an org's
products, assets, operations to determine if the org is carrying out its
mission effectively and efficiently.
◉ Horizontal Expansion. Answer: The acquisition/or merger of two or
more organizations that produce similar products or services.
◉ Vertical Integration. Answer: Assimilation of the vertical components
of an org through greater internal control and coordination
◉ Value Chain. Answer: A framework for analyzing and org's
strengths/weaknesses across flow of product or services development.
They are the key internal processes an org performs to create value.
◉ Tortious Interference. Answer: Intentional damage to someone else's
contractual/business relationships with a 3rd party, causing economic
harm.
◉ SWOT. Answer: Tool to understand an org's strategic situation;
examines both an orgs internal (SW) and external (OT) environments.