Assess the balanced scorecard specific to the areas of finance, customers, process and learning.

Unit Assignment: Part 5 | Strategy

Unit outcomes addressed in this Assignment:

· Differentiate guidelines for selecting alternative plans for the approval process.

· Formulate techniques to maintain the strategic vision to the organization.

· Create a monitoring tool that is vital to analyze the performance in relation to the budgeted plan.

· Assess the balanced scorecard specific to the areas of finance, customers, process and learning.

Strategy

a. Create the strategic option utilized: either a differentiation strategy or a cost strategy.

b. What externalities could affect the life cycle of the product or service.

c. Evaluate the strategies Mature Strategy, Niche strategy, Harvest strategy.

d. Questions to consider:

i. Is some segment or group of patients or customers not being served?

ii. Can the product/service be improved?

iii. Can the product/service be distributed more efficiently, or can

iv. Can the distribution access of the service mix be significantly increased?

v. Can the product/service be offered at a lower price to be more attractive?

vi. Can a superior advertising campaign be mounted?

e. Analyze which alternative branding approach will be utilized.

i. Blanket branding

ii. Multibrand strategy

iii. Reseller strategy

iv. Mixed branding

v. Co-branding

vi. Another entity

vii. Push strategy

f. Analyze your alternative pricing strategies

i. Skim pricing

ii. Penetration pricing

iii. Elasticity pricing

iv. Cost-plus pricing

v. Price bundling

Instructions

Submit Final Project Part 5 | Strategy

The Final Project should meet all APA standards, grammatically correct, appropriate and consistent research citation and documentation. Each section is to be a minimum of two (2) pages and should include a separate title and reference page. Your Final Project will have a separate title page and one reference page(s) that combines all references utilized throughout the Final Project.

Requirements

References are to be scholarly peer reviewed resources ONLY, with a minimum of two (2) references. You MUST use the APA template for ALL written Assignments.