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Hypnotherapy Bay Porter's Five Forces

499 Words2 Pages

This industry environment analysis will examine the five forces model of competition and the effects of the threat of new entrants, the bargaining power of suppliers and buyers, the threat of substitute products, and the intensity of rivalry among competing institutions of higher education in the Tampa Bay area. Considering the factors that influence new entrants into the industry including: barriers to entry, product differentiation, economies of scale, switching costs, and expected retaliation, the threat of new entrants is strong. The barriers to entry are low as more universities are offering online options, they are able enter the market for higher education in Tampa without being physically located in Tampa. Product differentiation

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