Right Wrist Case Study

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Right Wrist Case Study



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Such is due to the fact, that it allows the management, stakeholder to quickly understand the finding and also look on the main problem, rather getting entangled in the symptoms of the problem. The conciseness of the problem statement is the key, as it allows the reader to quickly understand the issue. Moreover, clarity of the Fitbit The Business About Wrist problem statement is important to maintain, in order to avoid the misunderstanding between the shareholders and stakeholders. The clear problem statement is developed by stating the factors and the operations getting effected and its overall impact on the organization specific the areas, such as Profitability, sales or brand equity. Also, the purpose of the problem statement is to describe the external environment and its effect on the overall organization in short and long-term.

Moreover it also delineates the impact of such changing factors on the users, and other stakeholders. Many times, under the case analysis, the purpose of the problem statement is to improvise the current state of the organization through pursuing innovation or other changes. Furthermore, the establishment of the problem statement, allows the organization and the management teams to work in a specified direction. Such is important in order to allow the organization move in a specified direction, reducing the chances of deviating From the actual path. Also, it offers the benchmark to match the desired condition of the organization, hence putting the efforts of the team in the right direction. Yet, it is important to note that, the good problem statement does not delineates the solution or the symptoms of the problem, but it clearly states the gap that lies within the organization.

Moreover, it is also determined, that a clear problem statement is half of the solution, hence it is important To state the problem correctly. In addition, the problem statement is a group process, and hence requires a detail understanding of the issues the organization may be facing, by all members in the team. This will allow the team to develop a better solution plan addressing all the factors and considering all the risk associated with it. It is important to note, that the problem statement can cover tangible or intangible issue but it needs to have a clear relationship with the organization end goal.

In addition, while stating the problem statement, the aim of the management is to see the mission and vision of the company and then analyze the current state of the organization, such also allow the right identification of the problem and the lead to the development of concrete problem statement. All in all, the problem statement gives a direction to the organization in understanding the right solution path and also development of the solution sets in order to overcome the current issues that are deteriorating the organizational performance or productivity.

Perhaps, while writ the problem statement, it is important to consider the small factors that are often overlooked such as the intangible factors that effects the productivity of the organization in the long-term. It is a useful tool that is widely used for strategic planning and management in many organizations. It is effectively used in building strategies for the organization to maintain its competitiveness in the market. It is simple yet powerful tool that help the organization in identifying its existing resources, capabilities, deficiencies, the existing opportunities and threats prevailing in the market. It is a strategic planning framework that is commonly used to evaluate the organization, a plan, business or any other project.

It helps in determine the organizational and environmental factors that could affect the decision to be made. It is carried out to analyze the position of an organization in in the market compare to its competitors and the major factors that are affecting the competitiveness before crafting any business strategy. SWOT analysis mainly have two dimensions internal and external dimensions. Internal dimension includes all the factors that could affect the organization which is the strength and the weakness while the external factor includes the environmental factors that is the opportunities and the threats.

SWOT analysis is a process that include four areas that are further divided into two dimensions i. In SWOT analysis the strong and weak aspect of an organization is determined by evaluating the elements within the environment while the opportunities and threats of an organization are determined by examining the element outside the environment. In order to carry out the analysis it is important to understand each element of SWOT i. Strength is a characteristic that adds value to something by making it more special, unique and advantageous when compared. In this element of SWOT the abilities and the key properties of organization are discussed that gives an organization an advantage over other organizations by making it more competitive.

It defines the characteristics and situations of an organization which makes it more effective and efficient when compare with its competitors. It defines the areas in which the organization hold a command or is good at doing it and that provides the organization and important capability. It can be a skill, a resource, image, market leadership, relation with buyer or supplier or any other advantage relative to its competitors that fulfill the needs of the market by providing the organization with a comparative advantage. Fitbit The Business About Wrist Weakness refer to the situation in which the existing capabilities and the resources the company holds are weaker or not sufficient compared to others organizations in the market.

In other words it means the aspects in which the organization is less efficient and needs to improve in order to align with the market trends. As these aspects negatively affect the overall performance of the organization by making it weaker compared to its competitors. These are the factors that an organization lacks and does poorly in comparison to the organizations operating in the same market at the same level. It is a deficiency or limitation of resources, capabilities, skills that majorly affect the organizations effective performance. Management capabilities, Facilities, financial resources, marketing skills and the weak brand image can be the sources of weakness.

Fitbit The Business About Wrist Opportunity is an advantage and the driving force for an organization. It is the convenient time or situation that is present in the environment and will help the organization in achieving its goals. It is a factor that contribute positively towards the growth of the organization. It is a condition existing in the external environment that allow the organization to take an advantage of the organizational strengths, and help in overcoming the weaknesses and to neutralize the threats present in the environment.

Threats are the factors that prevent the organization from the actualization of an activity. It is an unfavorable situation that exist in the environment making it difficult for the organization to achieve its defined goals. It is a situation that arises as a result of the changes that took place in the immediate or distant environment, preventing the organization from maintaining its existence and superiority in the growing competition and are disadvantageous for the organization. All the environmental factors are consider as a threat to an organization that could affect the efficiency and effectiveness of the organization.

However there are certain limitation attached with it. The SWOT analysis is only a one stage of the business planning process and do not provide the organization with an in-depth analysis or research that could lead to a firm decisions. In addition to this it does not provide any solution or alternatives decisions. It significantly rely on the capabilities of the manager that how effectively it can prioritize and determine the most important element.

Another limitation associated with Fitbit The Business About Wrist SWOT analysis is that it provide equal weight to each factor regardless of their impact or relevancy. Fitbit The Business About Wrist Porter five forces reflects the competitive environment of an industry. It is a strategic tool that is used to avoid or minimize the risk of losing the competitive edge that the organization has and to ensure the profitability of the products in the long run.

The company holds its vision closely as it allows them to orientate its innovation in terms of choices regarding the investment and strategies. Within the industry the businesses profitability is dependent upon the following forces:. The competition among the firms help in identifying the lucrativeness of an industry where companies are competing hard in order to maintain their power within the industry. The Fitbit The Business About Wrist competition is moreover on basis of diversity, the development within the sector and the barriers related to entrance in the market.

The competitive rivalry is the analysis of the brands and the product, its strengths and weakness along with the strategies, competitors and the share in the market. It is in the favor of the companies that exist in the market to create barriers for the new entrants to prevent them from entering into the industry. The organizations could be the new companies or the companies that are planning to diversify itself in the market. The barriers can be both industrial and legal. Apart from this the size and the reputation of the companies that are already operating in the market also play an important. Furthermore the cost related to the entry, access to raw materials, barriers related to culture and technical standards also play a major role and can affect the decision of the new entrants in the market.

The Fitbit The Business About Wrist substitute products are an alternatives that are available in the market at comparatively better prices. Such products prevail due to the technological and innovative advancement. The substitute products are dangerous as the companies are under constant threat of being replaced. High threat of substitute leads to low profitability as it limits the industry profits by placing a price ceiling due to the fear of being substituted by other product. Apart from this it also affect the growth potentials of the industry as a whole but reducing the profitability margins. Powerful suppliers possess more power to capture significant value for themselves by demanding high prices while limiting the quality and the quantity of the product or services or by transferring the cost on the participant of the industry.

Many condition imposed by the suppliers generally include the increase in price while compromising the quality and quantity. The buyers having strong bargaining power can highly influence the profitability of the suppliers operating in the market by imposing condition that are not much favorable for the suppliers in terms of price, quality or service. Therefore choosing clients often become crucial for the organizations as to avoid the situation of being highly depended on the buyers.

The level of interest and concentration of buyers toward the product gives them more or less power. Powerful buyers could flip the side of the powerful supplies by forcing the prices to move downwards and by demanding high quality and services by creating a competition between the participants in the industry on the basis of price and quantity. Fitbit The Business About Wrist Customer are deemed strong if they contain negotiating leverage specifically if the industry is sensitive to price, the buyers can pressure suppliers for further price reductions.

Though the model from a strategic point of view is an important tool but there are certain limitation associated with the application of the porter five forces model. The framework use a classic perfect market and relatively a static structure of market i. Fitbit The Business About Wrist Apart from the model only provide the overview of the environment and does not define the industry clearly. As it can be difficult to group the companies having similar business lines and to call it an industry.

Therefore Porter framework due to its limitation is too inert to be depending upon outside the short term to medium, term objectives. It emphasizes more on external factors and ignore the specific factors that are more specially related with the firm. Moreover it does not consider non-market forces. PESTLE analysis is one the significant and widely used tool or framework mostly by organizationswith the intent of considering the market environment before commencing the process of marketing. In fact, the analysis of the environment needs to feed all planning aspects as well as it should be continuous. The internal environment of an organization includes internal customers or staff, wages, office technology and finance etc.

Additionally, the macro environment includes legal and political factors, sociocultural forces, economic forces and technological factors. For the purpose of maximizing the benefits of such analysis, it is important that it should be used on regular basis so that an organization would be able to identify the trends. The effect of the particular external factors or forces might have extreme consequences for the specific department or divisions, also the analysis better helps companies in clarifying the needed or required changes, thus identifying the potential options Norton, These are the Fitbit The Business About Wrist forces that tends to be altered by the influence of government on the infrastructure of country.

The political factors may involves environment regulations, employment laws, tariffs, tax policy, trade restrictions, political stability and reforms. It is noteworthy, that the charities needs to be included where a government are not willing services and goods to be provided. The Fitbit The Business About Wrist economic factors or forces involves interest rates, inflation, and growth of economy, cost of living, working hours, wage rate and exchange rates. Combining these factors, it last greater and inevitable impact on organization. The culture or social influence on certain businesses vary from country to country.

It is significant to consider these factors. The social factors includes safety and health consciousness, various demographics, population growth rates and cultural aspects. Notably, Fitbit The Business About Wrist technology is one of the most important way of being competitive in the highly competitive market arena. Not only this, it drives globalization, the factors includes environmental and ecological aspects, and available services as well as products. An organization should innovate and be compatible with the technologies. The Fitbit The Business About Wrist legal factors involves the certain laws and regulations which might effect on the business operations of an organization.

It also includes impending and current legislation that tends to impact on the industry in areas including competition, employment, safety and health. An organization should consider the influence of the national and international laws where the organization would originate the business operations. The environmental factors include all those factor lasting impact or influence, the surrounding environment most likely determine environmental factors. The factors involves awareness of the seasonal or climate change or terrain variation. The analysis of the environment including internal and external elements is vital for organization since it impacts on the performance of an organization.

To conclude, PESTLE analysis is considered as an effective tool of planning and it offers viable and effective technique foranalyzing and scanning the operating environment of an organization. The effectiveness of the analysis highly depends on the accuracy of the collected data, updates to accommodation changes in timely manner and other tools trimming down the PESTLE limitation to some extent. Such may include the supply chain efficiency, value chain maintenance, technology or other factors, that offer value to the company and in return allows the organization to offers similar value to the customer. In addition, it also analyze the factors that are Rare within the organization.

Such analysis of the compatibilities or capacities is important, as it allows the organization to develop the sustainable competitive edge over it. The value factor analysis of the organization gives an eye opening view to the management and also offers the solution on where the organization may build the market utilizing the area value creation factors.

Moreover, it also determines the Imitable factors. These are the factors that are easily imitable by the organization other players and thus needs to be considered. In addition, the imitable factor also outlines the factors that are inimitable by the other organization. These in-imitable factors allows the organization to developed the sustained competitive edge in the market and hence enhances the chances of sustainability ion the long-term. Lastly, Organization factor includes the resources and functions that are offering certain value to the company. All in all, the advantage of using the VRIO analysis is to determine the sustained competitive edge in the market.

Such determination is important for the organization to expand in the market and continue its operations with sound profitability. In addition, it offers clear view what are the factors that are valuable and inimitable o can be easily imitated in the long-term, thus preparing the organization to either use the valuable factor to delight the customer and develop a sustained competitive edge, or enhance its value and oragnation strengths to develop a strong competitive edge in the market, which is important to develop and maintain in order for the organization to remain profitable and allow the maintenance of market share in the long-term Hille, Fitbit The Business About Wrist Financial analysis is the assessment of the stability, viability as well as profitability of a sub-business, business or project.

It can be used for examining the business operations from the variety of perspective for determining the ways that can be used to strengthen the business and understating the greater financial condition or situation. The process scan the financial statement to evaluate the relationship the disclosed items. In other words, the analysis keep focusing on the past performance evaluation in terms of profitability, liquidity, growth potentiality and operational efficiency. The analysis of the financial statement involves the methods use in interpreting and assessing the outcome of the current and past financial position or performance since they associate to particular interest factors in investment decisions.

Thus, the analysis of the financial statement is important mode of assessing the past performance as well as planning and forecasting the future performance. Profitability: the financial analyst generally assess profitability of an organization since it is the ability allow organization sustaining growth and earing income in both long term and short term. A degree of profitability of an organization highly depends on the income statement reporting on the operations results of company.

Solvency: it is the ability of an organization paying off its liabilities or obligations to third parties or creditors in long term. Liquidity : it is the ability of an organization satisfying immediate obligations, maintaining positive cash flows and it most likely based on the balance sheet of company depicting the financial condition of organization. Stability: the ability or an organization to remain in the business for the longerperiod of time without sustaining significant losses while conducting the business operations.

By assessing the stability of the company needs use of balance sheet and income statement as well as non-financial and financial indicators. Significantly, creating the financial ratio add meanings to the accounting and financial data of the business. Therefore, being the use of the financial ratios would provide assistance thereby leading to the overloaded information.

Theratios are sub-divided into the major groups that tend to cover the financial areas. The sales amount of an organization depicts the business size. They also know that his upper right quadrant pain becomes severely painful after an episode of vomiting. The nurse knows from the indication of vomiting and requesting a drink that he must be dehydrated, this is also indicated by his dry mucous membranes. His report of having shoulder tip pain indicates to the nurse that there may be a possibility of gallstones.

In O. J Gilmore recognized this and undertook to surgically repair groin disruption in a group most who were soccer players. According to this article disorder of the hip joint, in particular acetabular labral tears, impingement, and injuries to the adductors can be difficult to distinguish from sports hernia they can even coexist. In the light of this, testicular tumors, epididymitis, prostatitis can be factors of chronic groin pain in men. Slap tear is a pathology becoming more and more common. The slap tear is an injury in the labrum of the shoulder which is the ring of the cartilage that surround the socket of the shoulder joint. It was first detected of the Superior labrum to posterior labrum surrounding the edge of the glenoid is a rim of strong, but the relative is that when the labrum is the first cause of the patient to have pain in the shoulder.

Snider, This injury is usually caused by overhead the shoulder with pain and disability for a long time after you realized that you a torn labrum. Shoulder burisits is a common shoulder condition caused by repetitive motions and excessive use of the shoulder, but it can also occur as a result of a sudden and serious injury or trauma to the shoulder. This shoulder injury is inflammation or irritation of the bursa, a fluid-filled sac that creates a cushion between the acromion and the head of the humerus.

The first symptom of the shoulder bursitis is localized pain or swelling that creates a great amount of discomfort in the shoulder resulting in shoulder immobility. When Erminia visited Manhattan Orthopedic Care, she presented the most common symptoms of shoulder bursitis: limited arm motions and unbearable shoulder pain. She started experiencing the symptoms after her traumatic fall directly onto her shoulder.

His right wrist pain is caused by extension of his right, causing ganglion cyst to put pressure on the dorsal portion of the right wrist. TM describes this pain as "throbbing," with movement. Informed the patient is a non-occupational issue and not an occupational issue; follow up with PCP, TM verbalized the understanding. Show More. Brachial Plexus Research Paper Words 6 Pages Brachial plexus injuries: The brachial plexus is a somatic network of nerve fibers that provides motor and sensory innevation to the upper limb as well as the shoulder girdle.

Read More. Elbow Bursitis Case Study Words 3 Pages The treatment options for elbow bursitis have numerous contributing factors. Abdominal Thrusts Lab Report Words 3 Pages Even though it is a life-saving procedure, it involves heavy blows and may lead to serious injuries at times.

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