Question

Explain in your own words

3. How could a manager determine the swOTs for an HCO?

Answer 1

SWOT (STRENGTH, WEAKNESS, OPPURTUNITIES, THREATS) :

Swot is one of a business plan where it will identifies the strengths, weakness, oppurtunities and threats of a business competition and project planning. It is otherwise called as tried and true tool of strategies. Swot mainly uses market strategies, building strategy of a person who is working in one organization.

HCO (HEALTH CARE ORGANIZATIONS) :

Health care organizations are the one which delivers medical health organizations, managed care regulations. In this self insured people may contact with HCO administrators to provide medical services for injured persons and disabled persons. IN this practice comprehensive medical health practice is included.

There both SWOT and HCO are having their own limitations which the manager can co ordinate between two these while providing medical care services to patients.