Healthcare Competition, health and medicine homework help

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xwrgre1181

Health Medical

Description

Please respond to the following: "Competition Model"

  • Justify the fundamental reasons that marketers should closely monitor the actions of rivals in order to proactively address developing issues, events, and circumstances. Provide one (1) example of such successful close monitoring to support your rationale.
  • Evaluate the value afforded by Lehmann and Winer’s Level of Competition Model as an instrument for engendering the accurate identification and understanding of competition within the health care industry. Provide at least two (2) specific examples of Lehmann and Winer’s Level of Competition Model that apply within a health care organization with which you are familiar.

Please respond to the following: "Marketing Management Tools"

  • Based on your review of the Learnscape scenario titled “Learnscape 2: Patient Engagement”, analyze the benefits afforded to health care marketers that understand the importance of establishing core values that guide health care organizations in their strategic and tactical pursuits. Determine whether you believe the relationship between core values should stay the same over time or should change over time. Provide one (1) example of such a relationship between core values to support your rationale.
  • Appraise the value offered by Leonard Berry’s Success Sustainability Model as a management tool for communication drivers of excellence that will yield sustained success. Provide at least two (2) specific examples of Leonard Berry’s Success Sustainability Model that apply within a health care organization with which you are familiar.

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Explanation & Answer

Attached.

Running head: HEALTHCARE COMPETITION

Healthcare Competition
Institution Affiliation
Date

1

HEALTHCARE COMPETITION

2

Competition Mode
Some of the essential reasons to observe the undertakings of competitors are to ensure
that they do not gain a competitive advantage over the healthcare institution. This is through
observing their pricing, quality of services, and adoption of advanced technology. The
competition should not have more advanced technology and thus the marketers are supposed to
be aware of the technology they install and opt for a better and more advanced technology for the
purpose of decreasing cost and increasing efficiency. Pricing is a major concern among
competitors since they entice clients who opt for reasonable charges for services rendered.
Hence, marketers should make sure that they price their services reasonably compared to their
rivals as well as offer better services with advanced technology. This will have an effect of
enticing clients since they prefer proficient services which are offered at prices that are
affordable. For instance, insurance cover has been an issue among hospitals and hence those that
have better cover have...


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