Proficient Homework

Write a 2- to 3-page paper that explains how BCG Growth-Share Matrices and GE/McKinsey Nine Cell Matrices are used in the health care industry to build strategic plans and how marketing can use them in the creation of marketing plans and communicating to their audience and service/product lines.

Assignment Content

The life cycle of any product or service is key in the development of a marketing strategy. As corporate goals or consumer interests change, so will products or services. External to an organization will also be the impact of technological advancements and regulatory changes on product and service development and life cycle.

Conduct an internet search for “BCG Growth-Share Matrix” and “GE/McKinsey Nine Cell Matrix” and learn how these tools are used to build strategic plans.

Write a 2- to 3-page paper that explains how BCG Growth-Share Matrices and GE/McKinsey Nine Cell Matrices are used in the health care industry to build strategic plans and how marketing can use them in the creation of marketing plans and communicating to their audience and service/product lines.

Cite at least 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).

Several suggestions have been made in terms of strategies which would improve the universal health care delivery system. There are three major suggestions which seem to be in the forefront. These suggestions are (1) Repair the Affordable Care Act (ACA) (2) Public Option for people 55 to 64 . (3) Medicare for All

In week 3 you are to discuss Repairing the ACA

Specifically : Using systems thinking,

  1. ¨ Explain and analyze the strengths of the ACA
  2. ¨ Explain and analyze the weaknesses of the ACA
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