Objective: Explore how to use tools such as Porter’s Five Forces model to analyze external forces and market competition.
Instructions: In this article, (Links to an external site.) Michael Porter analyzes the airline industry using the Porter’s Five Forces framework.
Refer to the example provided and perform a Porter’s Five Forces analysis on a healthcare organization in your town or city. The healthcare organization could be a hospital, a medical center, a physician office, etc.
Introduction
- Provide an introduction about the organization including its size, products/services, and its customers.
Body/Porter’s Five Forces analysis
- Provide examples (e.g., competitors, suppliers) as you analyze the five forces.
Conclusion
- What conclusions can you draw based on your analysis?
- How competitive is the healthcare organization that you chose?
Create a one- to two-page paper in APA Style. Include a title page and a reference list. You must cite and reference at least one source. You may use your textbook as a source.
https://www.isc.hbs.edu/strategy/business-strategy/Pages/the-five-forces.aspx
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