Five Force Strategic model of Competitiveness Suppliers - Number of suppliers -

Question

Five Force Strategic model of Competitiveness Suppliers - Number of suppliers - Size of suppliers - Switching costs - Unique service/product - Ability to substitute Barriers to Entry - Time and cost of entry - Knowledge - Economies of scale - Cost advantages - Technology -Barriers Substitutes - Substitute performance Cost of switching - Buyer wlingness STRATEGIC POSITION Buyers - Number of customers - Buying volumes - Differentiation Price elasticity Incentives Brand identity - Switching costs Competitive Rivalry - Number of competitors - Exit barriers - Niche, quality - Differentiation - Switching costs - Industry concentration Diversity of compettors

Explanation / Answer

Porter's five model identifies and analyzes five competitive forces that shape the model of healthcare in US are-

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