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Essay

Porters Five Forces

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Issue:

Business

 

Written by:

Monica R

 

Date added:

May 19, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 641

 

Was viewed:

9472 times

 

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Essay content:

Therefore rivalry among existing competitors was a minimal force and did not affect tertiary education in 1853. In order to found a university in 1853, large amounts of capital, competent staff and board, strong demand, land, and permission/legislation from the government in charge were all required...
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All these factors made the threat of new entrants very low, this was demonstrated by zero competition until 1910 with establishment of education act that bought about an influx of TAFE and technical colleges. Thus, the threat of new entrants was low and had a negligible effect on tertiary education. The number of factors that were/are required to be combined to provide a high class university education, such as skilled staff, massive amounts of capital and teaching resources meant that the process was difficult to imitate and hence was relatively well protected from substitutes...
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