BUS 687 Week 1 pt 1

Required Resources

Articles

Holtzman, Y., Gorkhover, G., & Ganz, M. (2015, January 12). The U.S. medical device industry: Strengths, weaknesses, opportunities, and threats (Links to an external site.). Retrieved from https://www.mddionline.com/us-medical-device-industry-strengths-weaknesses-opportunities-and-threats

· The full-text version of this article is available through the website link. This article provides information about the medical device industry in the European Union and will assist you in becoming more familiar with the industry in the real world. The article will give the student a very good example of verbiage included in a published SWOT analysis. In Week 1 students will create and submit a SWOT analysis of HISCO. The article is found through an internet search of the medical device industry. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

Maresova, P., Penhaker, M., Selamat, A., & Kuca, K. (2015). The potential of medical device industry in technological and economical context. Therapeutics and Clinical Risk Management, 11, 1505-1514. doi:10.2147/TCRM.S88574

· The full-text version of this article is available through the EBSCOhost database in the Ashford University Library. This article provides information about the importance and the development of the medical device industry in the European Union and will assist you in your thinking as you develop your straetgy this week to be submitted along with your SWOT. The article will expand your knowledge of the industry.

Savickas, Mark L. (2003, September). Introduction to the special issue. Career Development Quarterly, 52(1), 4-7. doi:10.1002/j.2161-0045.2003.tb00621.x

· The full-length version of this article is available through the Ebscohost database in the Ashford University Library. This article provides information about and will assist you in your analysis for a SWOT creation assignment in Week 1. The article serves as a good example of the verbiage used in a SWOT.

Required Technology

Website

“Growing Your Business” – A Management Simulation. (https://ashford.trisimulation.com/canvas)

· This website is where you will conduct your readings and work to complete the Current Status of Hisco Pre-test and the SWOT and Strategy assignment. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

Please note that if you are experiencing technical issues with the Growing Your Business Simulation, you will need to contact the help desk within the simulation.

Go to top of page

Components of a SWOT Analysis [WLOs: 1] [CLOs: 1, 2, 3, 4]

Prior to beginning work on this discussion, complete the Week 1 Pre-Test, watch the Simulation Overview Video Part 1, and the video from your Chairman Stan Sloan after you have logged into the simulation. In 150 words or more, what information or detail is important to add to a SWOT analysis in general? How can a complete SWOT help a company succeed? These thoughts should be qualitative and generic - not discussing/providing specific applications of how you may have gleaned competitive advantage (e.g., listing the SWOT components applicable to Hisco).

Guided Response: Respond to at least two of your fellow students’ posts in a substantive manner and provide information or concepts that they may not have considered. Support your position by using information from the week’s readings. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Continue to monitor the discussion forum until 11:59 p.m. (Mountain Time) on Day 7, and respond with robust dialogue to anyone who replies to your initial post.

Search entries or author Filter replies by unreadUnread