Help me study for my Health & Medical class. I’m stuck and don’t understand.
Organizations’ long-term health and viability are dependent on many factors, including the structure of the market the organization is competing in—and healthcare is no exception. Understanding the competitive forces in the industry will help in planning for the future. As discussed in this course, the more competition an organization faces, the more economic risk there is; and this makes long-term planning difficult.
Professor Michael Porter, of the Harvard Business School, has prepared a grid of the five forces of competitive advantage.
Based on a healthcare organization you are familiar with, prepare a report on the competitive forces affecting the organization using Porter’s five forces as your guideline.
Length: 10-15 pages, not including title and reference pages
Resources: Include a minimum of 5-7 scholarly resources related to your issue.