Competitive Advantage: Porter's Five Forces in Kenyan Universities
VerifiedAdded on 2023/04/25
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Report
AI Summary
This report focuses on the effectiveness of Porter's Five Forces in providing competitive advantages to universities located in Kenya, an industry undergoing continuous change. The analysis identifies threats based on severity, with the threat of new entrants being low due to accreditation restrictions, while the bargaining power of suppliers is high. The bargaining power of buyers, threats from rivals, and threats from substitutes are also significant. The application of Porter's model is influenced by new entrants and considers the age and categories of universities, proving the effectiveness of competitive forces. The report concludes that stakeholder pressure increases changes in universities, with a focus on public universities to analyze the most effective factors for growth, aiming for international recognition. The report references several academic articles and applies the five forces model to a specific context within the business environment.
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