BUSI428 Discussion Board Rubric
All key components of the Discussion Board Forum prompt are answered in the thread.
Major points are supported by all of the following:
- Reading & Study materials;
- Pertinent, conceptual, or personal examples;
- Thoughtful analysis (considering assumptions, analyzing implications, and comparing/contrasting concepts); and
Two peer-reviewed source citations in current APA format, the text and the integration of 1 biblical principle
Some key components of the Discussion Board Forum prompt are answered in the thread.
Minimal key components of the Discussion Board Forum prompt are answered in the thread.
Major points are supported by none of the following:
Strategic management of healthcare organizations San Francisco.
How to start on online business Chichester Capstone.
Sell your product on eBay Amazon and other online marketplaces.
Answer:
SWOT analysis is an essential tool which St. Jude children hospital can use to do a situational analysis for the hospital .This is because it analyses the strengths, weaknesses, opportunities, and threats which St. Jude children hospital is facing in the current business environment (Garala, 2012). SWOT analysis is a complex process and calls for effective coordination of the various departments in the company. SWOT dramatically assists in analyzing the in internal strategic factors which are strengths and weaknesses and the external strategic factors which are threats and opportunities. The strengths assist the organization by protecting the market share and also venturing into new markets. The strengths of this hospital include its reliable suppliers, strong free cash flow, a good track record; it has celebrities as their spokesperson and lastly is that the hospital has a significant social media presence.
Weaknesses of St. Jude children hospital are areas in which the hospital can improve to build on its strategic positioning and competitive advantage. One of the significant weaknesses in this organization is that financial planning is not done with care. High operating cost is also a significant weakness (Ginter, Duncan, & Swayne, 2013). There has also been a decrease in donations to this hospital over the past years (Garala, 2012). There are various opportunities attached to this hospital they include: many young people are looking for organizations they can offer volunteer services, the target market is made up of a higher median household income compared to the donor population (Ginter, Duncan, & Swayne, 2013). One of the major threats to this organization is that there are many other charity organizations compared to some few donors.
Amazon.com Inc.'s is one of the leading organizations in the online retail industry. The SWOT analysis is made up of internal strategic factors which are strengths and weaknesses and the external strategic factors which are thought to be opportunities and threats. The SWOT analysis in Amazon demonstrates the strengths the business uses to handle its weaknesses and the threats so that it can be able to maximize benefits out of exploiting opportunities (Norris, 2010). Various strengths have substantially supported the Amazon.com in ensuring that it becomes the most notable organizations. These strengths include high revenue in the industry, strong brand and a good product mix. The Swot analyses indicate that the Amazon .com has the necessary strength which has enabled it to maintain a good position in the market(Tobin, 2012). However, the company has some weaknesses. One of the major flaw is that the company business model can easily be imitated, it also has a limited mortar and brick presence and limited penetration in the developing markets. Amazon has multiple opportunities which include (Tobin, 2012). Coming up with various measures to reduce counterfeit sales, they also need to expand their mortar and brick business Amazon also need to come up with means of reducing some counterfeit products. The organization is also faced with some threats in the online industry (Norris, 2010). The following threats need to be addressed in the online industry. They include massive competition with large firms, cybercrime, and imitation. The Amazon company has what it takes to continue dominating in the e-commerce industry. However, the company need to invest in developing countries which are thought to ensure a rapid economic growth
References
Garala, M. (2012). Hospital administration a ready reference. New Delhi: Jaypee. Retrieved From: https://www.worldcat.org/title/hospital-administration-a-ready-reference/oclc/1027944005
Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic management of healthcare organizations. San Francisco, CA: Jossey-Bass, Wiley. Retrieved From: https://www.amazon.com/Strategic-Management-Health-Care-Organizations/dp/1118466462
Tobin, L. (2012). Entrepreneur: How to start on online business. Chichester: Capstone. Retrieved From: https://www.worldcat.org/title/entrepreneur-how-to-start-on-online-business/oclc/760978336
Norris, C. (2010). A quick start guide to online selling: Sell your product on eBay, Amazon and other online marketplaces. London: Kogan Page. Retrieved From: https://www.amazon.com/Quick-Start-Guide-Online-Selling/dp/0749461594
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