HSA 505 Week 1 Discussion 1 & 2 latest

HSA 505 Week 1 Discussion 1 & 2 latest

HSA 505 Week 1 Discussion 1 & 2 latest

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Week 1 Discussion 1

Please respond to the following: “The Product Life Cycle Part”
Assess the value of the product life cycle as a tool for product succession planning and related product management activities. Give your opinion on whether or not the Product Life Cycle can help health care managers in promoting portfolio planning, strategy formulation, and forecasting. Provide one (1) example to support your rationale.
Select two (2) stages of the Product Life Cycle. Describe the methods for strategically and tactically managing products during each of the selected stages. Relate the selected stages to two
(2) real-life examples of strategic or tactical initiatives within a health care organization.

Week 1 Discussion 2 

Please respond to the following: “New Product Process”
Create an argument in support of the assertion that the Product Life Cycle enhances marketing outcomes in the health care industry. Provide support for your argument.
Suggest at least two (2) examples that support the notion of the limiting life span of health care products as a necessity in the ongoing and systematic product succession planning effort.

Week 2 Discussion 1

Please respond to the following: “Marketing Growth and Strategic Planning”
Justify the assembly of a balanced product portfolio by marketing managers as a means of ensuring extended success in the health care market industry. Provide two (2) real-life examples to support your rationale.
Assess the importance of portfolio planning in the health care industry, and determine at least one (1) approach to portfolio planning that can help marketing managers to ensure productive marketing operations. Provide at least two (2) specific examples of portfolio planning in a health care organization with which you are familiar.

Week 2 Discussion 2

Please respond to the following: “Market Expansion and Drivers Management”
Interpret the importance of continually pursuing opportunities for growth within the health care marketplace, and identify expansion opportunities available to health care institutions through the use of Igor Ansoff’s Product-Market Expansion Grid. Provide support for your response.
Assess the critical pursuit of identity management and its role in helping health care entities build strong, recognizable brands. Provide at least two (2) specific examples of identity initiatives within a health care organization.