The eText describes various types of strategies that can beused by organizations. These strategies i
The eText describes various types of strategies that can beused by organizations. These strategies include:
Growth or expansion strategies.Concentrate resources strategies, for increasedleverage.Diversification strategies to expand services or products inunrelated areas.Retrenchment or reduction of products and servicesstrategies:(a) Retrenchment by way of a turnaround or downsizing.
(b) Retrenchment by way of divestiture or selling parts.
(c) Retrenchment thru liquidation or closure/bankruptcy.
Stability strategies via maintaining current operations.Cooperation strategies through collaborationpartnerships.Strategic partnerships with other organizations with mutualinterests.Outsourcing alliances by purchasing services. Do a little research and find a health care organization thatfollowed one of these strategies. in 250 words Tell us about theorganization, the strategy that they followed, the outcome thatthey hoped for and whether this strategy was successful. If thestrategy was not successful, tell us why you think it was notsuccessful and what you think might have been a betterstrategy.
Be sure to cite your sources using APA format. Attached