Porter's forces analysis Essay Example | Topics and Well Written Essays - 1250 words

Porters forces analysis - Essay ExampleYour essay must be typed using 12-point Times youthful Roman font, double spaced with 1 margins all around. The maximum size of this essay will be three (3) pages. Spelling and grammar will be assessed in grading. This essay MUST be submitted on the mean solar day of your class final or it will not be accepted for credit. Use this page as a cover page.The competition among US business schools to recruit fresh applicants, both foreign and local, is peculiarly intense. The US recession, the negative impact of the US recession on Europe and Asia will lead to a reduced demand for business studies in the future. The US business schools knows the qualities that makes them strong and unique. These schools sought to define their individual unique and distinctive contributions to the society. Competitiveness among business schools requires systematic and innovative thinking which relies on the ability to pay ideas from various sources and the quick capability to act based on the information received. Harvard University, the University of Pennsylvania, amd Northwestern University made mapping of student assistantships, scholarships, and fellowships to attract the best business school applicants. Other alternatives include securing additional external patronage and implementation of address cutting measures combined with aggressive marketing of premiere programs. Porter (1985) stated that organizations that dilate in competitive environments are able to continue since they are implementing one of three specific strategies cost leadership, differentiation, and focus. Moreover, Porter (2008) stated that the strength of the competitive forces has an impact on the prices, costs, and the investment of the firms. The competitive forces are at a time tied to the income statements and balance sheets of industry leaders. Despite the stiff international and local competition, Baruchs Zicklin School of Business dumb retains its compe titive advantage vis--vis other foreign and local business schools. The Zicklin Business School has a presbyopic history, a strong alumni support and a huge funding base. Cost leadership pertains to providing either best value at lower prices or special benefits that offset higher prices (Porter, 1985). The effective pricing of MBA and DBA programs by Zicklin Business School also constitutes a distinct competitive advantage.II. SUPPLIER POWER -HIGH The business schools concord the power to choose the kind of business students it wants to admit. A business school relies on its good reputation. effrontery the fiercely competitive nature, changes happen very quickly. Most business schools generally keep abreast of new ideas and new technologies to improve its