Answer three of the questions that appear below. Your total submission should not exceed five (5) pages. Set your margins at one inch on all sides, one and a half spaces and twelve-point font.

Keep in mind that each question has more than one part. Be sure to answer all parts of the quest.

Make certain that you cite sources appropriately, reference page numbers (Strategic Management of Healthcare Organizations 8th Ed.) If you do indeed cite a source, explain it explain why it helps answer the particular question.

1. Explain what resources, competencies capabilities are, and how they can be used to create value (not the value chain) and competitive advantage. Be sure to consider capabilities and how do they affect resources and competencies.
2. Describe three barriers to entry within a specific service area and explain why you think these are the most important barriers.
3. Compare and contrast Strategic Planning, Strategic Thinking and how they impact and shape Strategy and Operational Effectiveness.
4. Define Mission, Vision and Values and explain how they are the foundation for strategy development and implementation.