Arun Verma- Porter's Five Forces in Health Industry
Assignment
On
Porter’s Five Forces Model w.r.t. Health Care Industry
[pic]
Submitted to : Submitted by :
Anju Saini Arun Verma
Faculty Roll. No. 26
Section: R1011
MBA (IB)
Introduction
This assignment is basically focused on the study of the Porter’s Five forces Model and its application in the Health Care Industry. It also summarizes the general features of the Health Care Industry together with its environment and its structure.
An analysis is also done pertaining to its competition in today’s era. An illustrative study of the Porter’s Five forces model with a diagram is also done to understand the concept in a better way. I hope that this assignment will meet the given expectations and requirements.
Health Care Industry
The health care industry or health profession treats patients who are injured, sick, disabled, or infirm. The delivery of modern health care depends on an expanding interdisciplinary team of trained professionals.
For purposes of finance and management, the healthcare industry is typically divided into several groups and sectors. The Global Industry Classification Standard and the Industry Classification Benchmark divide the industry into two main groups:
(1) Health care equipment & services and
(2) Pharmaceuticals, biotechnology & related life sciences.
Health care equipment and services comprise companies that provide medical equipment, medical supplies, and health care, such as hospitals, home health care providers, and
On
Porter’s Five Forces Model w.r.t. Health Care Industry
[pic]
Submitted to : Submitted by :
Anju Saini Arun Verma
Faculty Roll. No. 26
Section: R1011
MBA (IB)
Introduction
This assignment is basically focused on the study of the Porter’s Five forces Model and its application in the Health Care Industry. It also summarizes the general features of the Health Care Industry together with its environment and its structure.
An analysis is also done pertaining to its competition in today’s era. An illustrative study of the Porter’s Five forces model with a diagram is also done to understand the concept in a better way. I hope that this assignment will meet the given expectations and requirements.
Health Care Industry
The health care industry or health profession treats patients who are injured, sick, disabled, or infirm. The delivery of modern health care depends on an expanding interdisciplinary team of trained professionals.
For purposes of finance and management, the healthcare industry is typically divided into several groups and sectors. The Global Industry Classification Standard and the Industry Classification Benchmark divide the industry into two main groups:
(1) Health care equipment & services and
(2) Pharmaceuticals, biotechnology & related life sciences.
Health care equipment and services comprise companies that provide medical equipment, medical supplies, and health care, such as hospitals, home health care providers, and