Question
Objective: Opportunity Evaluation and Value Creation (CVS Health) Part 1- Reflect on the following: What are 3-5 entrepreneurial strengths of the company? What are the
Objective: Opportunity Evaluation and Value Creation (CVS Health)
Part 1- Reflect on the following:
What are 3-5 entrepreneurial strengths of the company?
What are the major elements of the company's approach to entrepreneurship and value creation?
What is an action the company could take to increase its entrepreneurial value creation?
Part 2: Adding Value to the Organization Assess the external environment of the organization. Based on the strengths and weaknesses identified in Part 1, evaluate opportunities for CVS Health organization to add economic, social, and environmental value.
Recommend an opportunity that meets the following criteria:
Description of the organization
Summary of the strengths and weaknesses of the organization
Key aspects of your assessment of the external environment that present opportunities for adding value, such as trends, unmet needs, unsolved problems, underserved consumer groups
Evaluation of opportunities to add economic value
Evaluation of opportunities to add social value
Evaluation of opportunities to add environmental value
Recommended opportunity to pursue first, with a rationale that shows how the opportunity capitalizes on the organization's valuable, rare, and hard-to-imitate resources; is not much impacted by the organization's weaknesses; and takes advantage of the external environment.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Part 1 Entrepreneurial Strengths of CVS Health 1 Diversification CVS Health has successfully diversified its services beyond traditional pharmacy operations including retail clinics health insurance a...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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