FOR Tuesday, June 29

n some questions on Chapter Three:

1. Under the seven bullets in figure 3.2, on industry & competitive conditions, give some answers from your general knowledge for the higher education industry for Question 1 – what are the industry’s dominant economic traits?
2. For KSU, is rivalry among competing sellers a strong, moderate, or weak competitive force? What form does the rivalry take (price, quality, service, promotions, dealer network, innovation, other)?
3. For KSU, are barriers to entry a strong, moderate, or weak competitive force? What form would barriers take (economies of scale, technology, learning curve, brand loyalty, cost disadvantages, distribution channels, regulation)?
4. For KSU, are substitute products a strong, moderate, or weak competitive force?
5. For KSU, is supplier-seller collaboration a strong, moderate, or weak competitive force?
6. For KSU, is seller-buyer collaboration a strong, moderate, or weak competitive force?
7. What are the key success factors for KSU?