Consider the Product Life Cycle(PLC), (Chapter 7 from strategic management of health care organiz…

Consider the Product Life Cycle(PLC), (Chapter 7 from strategic
management of health care organizations, seventh edition) and its
application to nursing homes. Are nursing homes in Stage 4 of the
PLC? Given the falling occupancies, closures of nursing homes and
the growth of substitutes, like Assisted Living, many analysts
think nursing homes may be in decline. Argue that from a Product
Life Cycle perspective, nursing homes are in decline.

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