Sunday, February 9, 2020
Business strategy Essay Example | Topics and Well Written Essays - 1250 words - 3
Business strategy - Essay Example The concerned company believes that its leading market position and increasing scale will provide significant opportunities for enhancing its profitability. The mission of the concerned company is creating a difference in the lives of the people through excellent patient care services. The organization abides by the ethics and codes of conduct in offering adequate service to its customers. It plays an important and vital role in ensuring wellness of its patients. It is considered as the second largest health care service provider in terms of its market capitalization. It operates in various Asian countries which include India, Singapore, Malaysia, Hong Kong, Republic of China and turkey. It also extended its services in UAE, Vietnam and Iraq.IHH focuses on quality, revenue and cost synergies in order to generate profitability from its operations. The concerned organization will be able to generate adequate revenue from its business in the future. It mainly aims in expanding and strengthening its business operation in the home and international market. The income statement of the company reveals that the total revenue generated by the co mpany increased in the recent years as compared to the previous years (IHH healthcare Berhad, 2012). The concerned company has the ability to generate an increase in its income level at a constant rate and it is likely to experience high growth rate and profitability in the future, it can gain competitive advantage over its competitors. IHH is a leading health care provider which has its operations primarily in the CEEMENA region. The group operates and maintains different brands of healthcare facilities which have a name for themselves. As a listed health care operator, the group is the 2nd largest in the world in terms of market capitalization. Each brand in which the company has invested is recognized as a premium one that operates in the home market in which it is established.
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