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Defining Concepts of Strategy and Market Structure

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 ...