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ACHE FACHE BOG-BUSINESS|QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE !!!!2025/2026|GUARANTEED PASS|GRADED A+

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ACHE FACHE BOG-BUSINESS|QUESTIONS AND 100% CORRECT WELL DETAILED ANSWERS|LATEST UPDATE !!!!2025/2026|GUARANTEED PASS|GRADED A+

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2025/2026
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Healthcare Disparities - ANSWER Differences in access of health care services



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.




1

, 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.



Switching Costs - ANSWER Costs associated with changing a product, brand,
marketplace, supplier.



Strategic Positioning - ANSWER Set of decisions about mission, ownership, scope of
activity, location and partners that defines an organization and related it to stakeholders.



Strategic Planning - ANSWER Systematic process for envisioning a desired future and
translating it that vision into broadly defined goals/objective



Strategic Opportunities - ANSWER Opportunities that when narrowed involve
quantum shifts in service capabilities or market share, usually by interaction with
competitors

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