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Original Work, NO PLAGERIESM, Cite Reference, References, 150 words

In performing a competitive analysis it is important to understand what makes up a service area profile.  The first step is to define what are the geographic boundaries; how far should the competitive analysis reach.  You can then look at the key competitive indicators.  According to our authors; Swayne, Duncan & Ginter (2013) these indicators are, "Economic, Demographic, Psychographic and Health Status Indicators (p.91).

 

Class, can you give an example of how these indicators might impact a service area of a healthcare provider of your choice.

 

Swayne, L. E., Duncan, W. J., & Ginter, P. M. (2013). Strategic management of health care organizations (7th ed.). Hoboken, NJ: Wiley.