Case study stage q Example | Topics and Well Written Essays - 750 words

Stage q - Case mull over ExampleIn addition, the essay also relays policies aimed at to bringing the centre into a 21st ampere-second complex hence have a high competitive advantage in the market. Porters Five Forces Model Buyers Power This is the customers ability to purchase the UR UMUC estimable fitness centers products at reasonable footings compared to other corporations (Baltzan, 2013). In UR UMUC Healthy Fitness pore, add of the buyers origin forget signifi toilettly boost businesss performance. Therefore, the business will yield to the setting reasonable prices intended to appeal large client pool. Supplier power This is the power by suppliers to supply the centre with required quality equipment at a much higher price (Baltzan, 2013). The supplier power brings a neutral impact to the business. The above force is also non brisk and ought not to appear among the institutions strategies. Threat of substitute products or helpers This brings out how the customers can s witch to the competitors services and products at the expense of UR UMUC Healthy Fitness Center merchandise (Baltzan, 2013). This force negatively affects the fitness centre because it reflects to high loss rate in the centre. It is also fundamental to include strategies and policies that attract competitors customers to opt for our products and services. ... Yes, it is vital to consider the factor while devising strategies of avoiding competition against UR UMUC Healthy Fitness Center as well as come up with ways of competing with new entrants. Rivalry among existing competitors The frenzy of rivalry between competitors is a major determinant of the UR UMUC Healthy Fitness Centers mastery (Baltzan, 2013). This factor neutrally affects the centre as UR UMUC Healthy Fitness Center can be the more or less best-loved destination by numerous customers. The force ought to be included in the strategy making move to ensure the centre does not incur major losses due to competition. If t he companys competitors allow for quality services and attractive products, the centre is most likely to have higher losses. Porters three Generic Strategies are vital in a business to ensure they have get through high competitive advantage (Baltzan, 2013). In order for UR UMUC Healthy Fitness Center to improve and achieve a 21st century standard, I opt to employ the differentiation Strategy. This entails the business should strive to turn over unique in the market than its competitors (Baltzan, 2013). The strategy also encompasses emphasis on branding, advertising, design, service, quality, and new product ontogenesis (Baltzan, 2013). For instance, UR UMUC Healthy Fitness Center can be exceptional in providing the best customer service in the industry via studying its clients behavior. In addition, we can be unique by providing Wi-Fi services in the centre to achieve technological advancement level, hence ensuring the clients feeling the institution not only avails the required necessities, but aids them to be in touch with whom they love or need. The most important business area which UR UMUC Healthy Fitness Center ought to improve is the