Explain the differences between Vertical, Horizontal, and Diversified Expansion
Please do not use books except the ones I provide in references, only journals from the following so I am able to retrieve the article. Please Use Reference that I can find from sources such as: (EBSCO), PubMed, Proquest, Sage, ScienceDirect, CINAHL.
PLEASE USE one to two SCHOLARLY REFERENCE IN EACH PARAGRAPH
Module 2 – SLP
Core Concepts of Strategy
Health care organizations repeatedly use growth as a key strategy. In fact, Walston (2018) noted that growth “is an attractive prospect because it promises greater economies of scale, augmented reputation, swift entry into markets, achievement of synergies, increased market power, and higher salaries for top management.”
Walston, S. L. (2018). Chapter 4: Growth and integration strategies. In Strategic healthcare management: Planning and execution (2nd ed.). [Books24x7 version]. Retrieved from the Trident Online Library.
For your Module 2 SLP, in 3 pages complete the following:
• Explain the differences between Vertical, Horizontal, and Diversified Expansion.
• Research one large health care system.
o Identify its core business and any diversified organizations.
o Identify if the health care system is practicing related or unrelated diversification.
o Explain how the organization’s strategy reflects its mission and vision.
In your scholarly paper, you should include an introduction and conclusion paragraph.
SLP Assignment Expectations
1. Conduct additional research to gather sufficient information to justify/support your analysis.
2. Limit your response to a maximum of 4 pages, not including the title or reference pages.
3. Support your paper with peer-reviewed articles, with at least 3 references (one to two in each paragraph).
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