Identify two key elements you see as a threat and an opportunity for your business. Say why in both cases.
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Identify two key elements you see as a threat and an opportunity for your business. Say why in both cases.
Step by step
Solved in 3 steps
- What is a permanent and preventive action? What are 5 "W" help? Think about a problem in a specific business. Follow the 5 W to identify the REAL problem.How will you handle potential risks and challenges that may arise in the business?With relevant evidence discuss how the pandemic has negatively affected two industries of your choice, and evaluate the Government’s effort in trying to resolve the market failures in these industries.
- Can you identify passive and aggressive threats?Review the conflict of interest scenarios (parts 1 and 2). Identify the issue and indicate the regulation or best practice principle involved. How should the organization/provider respond to the issue? What should the organization/provider do to prevent future issues or mitigate any future harm/damage to the patient or the organization? The first scenario involves doctors who are financially motivated to prescribe certain medications or treatments, even if they may not be the best option for the patient. These doctors may receive kickbacks or incentives from pharmaceutical companies, leading to a conflict of interest that can compromise the quality of care. the second scenario involves doctors prioritizing their patients' well-being. These doctors strive to provide evidence-based recommendations and treatments that are in the best interest of their patients' health. They prioritize unbiased information and consider the individual needs and circumstances of each patientWhat are the five risk-control approaches, and how do you simply describe them?
- Considering the COVID 19 pandemic and its impact on the general business environment, use the business model canvas to develop a new business that has higher chances of survival, growth and profitability: stating clearly your justifications.For the enterprise to be successful, it must understand and act properly to any challenges that could be happen. Identify at least four challenge and explain the relationship among them.Give an overview of the consumer electronics industry. Then, identify and characterize the major players that may be a threat to profits in each of Porter's Five Forces for your selected industry. finally, apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a value net. Consumer Electronics - apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a Value Net.