Wgu C432 Healthcare Management And Strategy Study Guide Graded A+

Focused factories {Ans: manufacturing strategy that concentrates on core (often single) products and a defined set of technologies and customers}Customer Value {Ans: the perceived benefits of a product or service}Gap analysis {Ans: method of identifying the distance between the organization's current position and its desired position with regard to its mission. vision, and values}Markets {Ans: Places, systems, and processes through which buyers and sellers exchange goods and services}Corporate-level strategy {Ans: the overall strategic scope and direction of a corporation. primary function is to allocate capital funds to SBUs and decide which business to enter or exit}Marketing {Ans: activities involved in promoting products and services, including creating, communicating, and delivering offerings that customer's value}