How would the enhance competitive intensity

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Reference no: EM133396943

Case Study: five Forces Exercise: Consider the model and the data for analysis.The nursing home competitive market in Poughkeepsie, NYIndustry competitors: Five nursing homes with 1200 nursing home bedsPotential new entrants: one or two possible new nursing homesBuyers: The hospitals discharge 960 individuals to nursing homes annually. Substitutes: 600 substitute beds (assisted living, independent living) and 100 community alternatives (medical model adult day care)Suppliers: There is one lab There are two major physician groups serving the community Using the Five Forces Model, explain why you would or wound not want to compete in this service area/ market Describe how hard/easy it would be to recruit customers if you were a new nursing home coming into this service area. If you operated a nursing home in the service area, how hard/easy would it be to continue to recruit customers if a new nursing home enters this service area. Remember use the model to explain your responses.

Questions:

First, paragraph should be about the existing competitive intensity.

Second, paragraph, new competitors would have a difficult time, not cannot compete.

Last paragraph, How would the enhance competitive intensity (new nursing home) impact the existing competitors.

Reference no: EM133396943

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