JOURNAL

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JOURNALWEEK1.docx

Journal

Include a cover page and 1-2 pages of reflection regarding what learnings you've taken away from the week's activities, readings, videos, and other information you found noteworthy. Critically consider the challenges you faced in becoming familiar with the simulation, making operating decisions, and analyzing the Strengths, Weaknesses, Opportunities, and Threats faced by HISCO. Lastly consider how to apply lessons from Week 1 to your career field. Every job that you perform for your employer has budgetary and time constraints. Often choices have to be made about the quality of the project. There is only so much money that can be dedicated to your position within the company and the tasks that are assigned to you. Consider how budgeting impacts the work that you perform.

Reading week 1

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 University of Arizona Global Campus 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 University of Arizona Global Campus 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.tri-sim.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