Discussion Strategic Choices Determine One Key Distinction

Strategic ChoicesDetermine one key distinction between each of the following strategies: adaptive, market entry, and competitive. Provide one example of each strategy to support your response.An adaptive strategy is one which deals in meeting the primary goal of the organization. It adapts to the existing environment in the market. For instance, an organization may decide to downsize to prevent it from going bankrupt. Market entry on the other hand, demonstrates the means of adopting the adaptive strategies. It can either be through purchasing other businesses, cooperation with other players in the industry. Finally, the competitive strategies, puts the organization side by side against the competitors, to weigh the advantages and the disadvantage of the organization (Varbanova, 2013).Examine the nature of a strengths, weaknesses, opportunities, and threats (SWOT) analysis. Suggest the manner in which a SWOT could help a healthcare organization implement a market entry strategy.A SWOT analysis is a structured planning method that evaluates the strength, weaknesses, opportunities or threats of a project or business. A healthcare organization like any other business needs to position itself strategically, in order to survive in a competitive environment. Therefore, before entering the market, the organization must analyses its strengths and weaknesses compared