HCA 620 Week 1 Discussion 1 Explain the nature of your assigned CLC Business Plan

HCA 620 Week 1 Discussion 1

Explain the nature of your assigned CLC Business Plan. What challenges do you anticipate? What information or resources do you need to be successful? Your CLC Business Plan is based on a hypothetical situation. How can you produce a realistic document that maximizes learning in a simulated context?

Answer:

The nature of my assigned CLC Business Plan is that I am supposed to simulate a small business in the health care industry, and then develop a plan for how that business will be run and managed. The challenges I anticipate are many, but one of the most challenging aspects is finding the right information and resources to be successful. For example, I will need to find out what kinds of products or services my company offers, how much they cost, who my competitors are and how their businesses operate. Without these kinds of details available, it will be difficult for me to come up with realistic numbers and plans.

In order to produce a realistic document that maximizes learning in a simulated context, I will need to do research into the health care industry as well as other businesses in similar industries. This will allow me to determine what kinds of issues are common across all businesses in this field so that when creating my own business plan I can take those factors into account.

Question:

HCA 620 Week 1 Discussion 1

Explain the nature of your assigned CLC Business Plan. What challenges do you anticipate? What information or resources do you need to be successful? Your CLC Business Plan is based on a hypothetical situation. How can you produce a realistic document that maximizes learning in a simulated context?

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