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Defining Concepts of Strategy and Market Structure

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Define the concepts of strategy, competitive advantage, and market structure as it relates to the health care industry. Give examples to support your response.

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In relation to the healthcare industry, the concept of strategy would entail developing a methodology by which patients or clients can receive the highest level of quality care possible, as well as providing this care in a manner that would increase the profitability and growth of an organization to the greatest extent possible. A ...