Write about the following topic: The average standard of people's health is likely to be lower in the future than it is now. To what extent do you agree or disagree with this statement? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

The reference model used during the simulation is the business reference model for the He

alth care i

Suggestion

Healthcare

ndustry. The reference model is used to guide the implementation of a

market

opportunity

by collaborating with different departments within the organization. In our case the

market

opportunity

is identifying the source of new revenue (by introducing the generic

drug

in new countries) and expanding the revenue by re-launching it as a

drug

to curb caffeine ca

rvings a

an intense desire for some particular thing

cravings

nd as a prevent

drug

for

heart

disease

. During the planning phase the potential business

opportunity

of the exiting

drug

is an

alyzed.

examined carefully and methodically; broken down for consideration of constituent parts

analysed

It has shown that the

drug

could be marketed as a preventive measure for

heart

disease

, It could be marketed as a

drug

to kick caffeine habit and we could introduce the

drug

in ne

w

Suggestion

new markets

a new market

market

. Corporate st

rategy p

Suggestion

strategic

lanning would help us determine how the

drug

could be marketed.

For example

, based on the organization strategy to lead in

heart

disease

prevention

drug

manufacturing.

This

could be marketed as a cost effective

drug

for

heart

disease

prevention. In the pre

development

stage we identify the value of the

opportunity

.

For example

, In our case marketing it in new countries would provide the organization a financial value with an increase in revenue.

Also

other risks and issues are an

alyzed a

examined carefully and methodically; broken down for consideration of constituent parts

analysed

nd managed.

For ex

ample legal r

Accept comma addition

example, legal

isks like approval from governing bodies and limitations like restricted access to data for analysis are identified and addressed.

This

has very less impact on

development

since the

drug

was already sold for 5 years. So the process is going to be sa

me m

Suggestion

the same

ay with the addition of exporting it to other countries. Post

development

after the product is launched the sales could be compared to the

market

valuation done during pre

development

and the process could be reviewed and optimized.