Creating a Porter's Five Forces Model for a top-tier business school in the Netherlands would look something like this:
Threat of New Entrants: The threat is relatively low due to high entry barriers such as the need for accreditation, reputation, and significant capital investment.
Threat of Substitute Products or Services: The threat is moderate. Online courses, vocational training, and self-learning platforms can serve as substitutes.
Bargaining Power of Buyers (Students): The power is moderate. Students can choose among various schools, but the reputation and quality of top-tier schools limit their bargaining power.
Bargaining Power of Suppliers (Faculty): The power is high. Top-tier faculty are in demand and can negotiate for better terms.
Rivalry Among Existing Competitors: The rivalry is high. There are several top-tier business schools in the Netherlands, and they compete for the best students and faculty.
Remember, this is a generalized analysis and the specifics can vary based on the individual school's circumstances.
Competition management is at the core of strategy formulation and an understanding of the underlying...
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