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Describe the product life cycle. How is it useful for thinking about the adaptive strategy of a health care organization?

Discussion Question:

  • Describe the product life cycle. How is it useful for thinking about the adaptive strategy of a health care organization? Why is the length of the product life cycle important for strategy formulation? What adaptive strategic alternatives are indicated for each stage of the product life cycle?

OR

  • Identify appropriate adaptive strategic alternatives for each quadrant in the expanded portfolio matrix.
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