Question: Using the five forces Model; if you operate a nursing home in the service area, how hard/easy it be to continue to recruit customers if

Using the five forces Model; if you operate a

Using the five forces Model; if you operate a nursing home in the service area, how hard/easy it be to continue to recruit customers if o new nursing home enters this service area.

styles Editing Five Forces Exercise: Consider the model and the data for analysis. Potential Entrants Threat of New Entrants Industry Competitors Bargaining Power of Suppliers Suppliers Bargaining Power of Buyers Buyers Rivalry among existing firms Threat of Substitute Products or Service Substitutes The nursing home competitive market in Poughkeepsie, NY Industry competitors: Five nursing homes with 1200 nursing home beds Potential new entrants: one or two possible new nursing homes Buyers: 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 D. Focus 10

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