Lehmann & Winer’s Levels of Competition Model is a helpful tool to assist you in identifying and understanding the competition. Identify one health care product or service offering available within an 80-mile radius of where you live. Do some research to learn more about the specifics of the product or service, and then construct a Levels of Competition Model for the product or service.
Then, please respond to the following:
In the discussion, share a description of the Levels of Competition Model you created (or an image) and provide an explanation of what you learned from creating the model.
Direct Competitors:
Indirect Competitors:
Barriers to Entry:
Bargaining Power of Suppliers:
Bargaining Power of Buyers:
Threat of Substitute Products or Services:
Threat of New Entrants:
Overall, Avenue Healthcare is a well-positioned company with a strong competitive advantage. The company’s main challenges are the high cost of healthcare in Kenya and the increasing competition from other healthcare providers.
Here are some additional insights that I gained from creating the Levels of Competition Model:
I hope this information is helpful. Please let me know if you have any other questions.