CVS Health

User Generated

fgenlre17

Business Finance

Description

Assignment 2: External and Internal Environments
Due Week 4 and worth 350 points

Using the corporation you chose from Assignment 1, examine its industry. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write an eight to ten (4-6) page paper in which you:

  1. Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates.
  2. Considering the five (5) forces of competition, choose the two (2) that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these two (2) forces in the recent past.
  3. With the same two (2) forces in mind, predict what the company might do to improve its ability to address these forces in the near future.
  4. Assess the external threats affecting this corporation and the opportunities available to the corporation. Give your opinions on how the corporation should deal with the most serious threat and the greatest opportunity. Justify your answer.
  5. Give your opinion on the corporation's greatest strengths and most significant weaknesses. Choose the strategy or tactic the corporation should select to take maximum advantage of its strengths, and the strategy or tactic the corporation should select to fix its most significant weakness. Justify your choices.
  6. Determine the company’s resources, capabilities, and core competencies.
  7. Analyze the company’s value chain to determine where they can create value using the resources, capabilities, and core competencies discussed above.
  8. Use at least three (3) quality references

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

CVS Health - Outline
I.

Segments of the General Environment Affecting CVS Health
A. Social Issue
B. Economic Factors

II.

Forces of Competition
A.

Threat of New Entrants

B. Threat of Substitutes
III.

Role of CVS Health in Addressing Forces of Competition

IV.

CVS Health External Threats and Opportunities
A. Redundancy
B. Foreign Investment

V.
VI.

CVS Health Strengths and Weaknesses
CVS Health Resources, Capabilities, and Core Competencies
A. Company Resources
B. Capabilities
C. Core Competencies

VII.

CVS Health Value Chain


Running head: CVS HEALTH

1

CVS Health
Name
Institution

CVS HEALTH

2
CVS Health
Segments of the General Environment Affecting CVS Health

Social Issue
CVS health deals with healthcare, a specialty that affects people in their day to day lives.
This makes CVS health an institution of social interest in improving the health of its customer
and being ethical in its performance. Social construct affects CVS Health due to its
expansiveness across the United States that accords it contact with millions of American citizen.
Social factors like ethical performance, due diligence, and informed consent influence CVS
Health function in determining how its business model is incorporated into a health-concern
initiative. It is the role of healthcare practitioners and healthcare players to guarantee the public,
who seek for its services, of quality and professional care (Grinols & Henderson, 2009). CVS
Health, an essential and crucial player in the healthcare industry in the United States, is equally
affected by these social factors that determine its purpose, its goals, its role, its expectation, and
the manner in which it operates on the broader healthcare market.
Economic Factors
The healthcare industry is a significant contributor to the United States economy through
the social health initiative and the Medicare/Medicaid programs. Its growth and its status in
being number seven on the fortune 500 and eighteen on the fortune global 500, depicts its
economic viability in today’s vibrant economy. With over 7700 locations countrywide, CVS
Health is heavily influenced by economic factors that affect the economy. Economic factors like
the legislature, inflation, and the strength of the dollar affect the stability and growth of CVS
Health as a company, as the health industry struggles to readjust to the shifting economic times.

CVS HEALTH

3
Forces of Competition

Threat of New Entrants
Founded in 1964, CVS Health grew from the parent company mark Steven, Inc. to the
current conglomerate involving numerous other subsi...


Anonymous
Really great stuff, couldn't ask for more.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags