Nursing homes - Five Forces Analysis

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Intensity of Existing Rivalry Government limits competition (Nursing homes) Government policies and regulations can dictate the level of competition within the industry. When... Relatively few competitors (Nursing homes) Few competitors mean fewer firms are competing for the same customers and resources, which is a... Bargaining Power of Suppliers Low concentration of suppliers (Nursing homes) A low concentration of suppliers means there are many suppliers with limited bargaining power. Low... Critical production inputs are similar (Nursing homes) When critical production inputs are similar, it is easier to mix and match inputs, which reduces... Threat of Substitutes High cost of switching to substitutes (Nursing homes) Limited number of substitutes means that customers cannot easily switch to other products or... Limited number of substitutes (Nursing homes) A limited number of substitutes mean that customers cannot easily find other products or services... Bargaining Power of Customers Buyers require special customization (Nursing homes) When customers require special customizations, they are less likely to switch to producers who have... Product is important to customer (Nursing homes) When customers cherish particular products they end up paying more for that one product. This... Large number of customers (Nursing homes) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Threat of New Competitors Strong brand names are important (Nursing homes) If strong brands are critical to compete, then new competitors will have to improve their brand... High capital requirements (Nursing homes) High capital requirements mean a company must spend a lot of money in order to compete in the... Geographic factors limit competition (Nursing homes) If existing competitors have the best geographical locations, new competitors will have a... Entry barriers are high (Nursing homes) When barriers are high, it is more difficult for new competitors to enter the market. High entry... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to nursing-homes's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up nursing-homes's most important five forces statements.