Apply Porter's model in comparing your B-School wrt to other B-Schools

Question

Accepted Answer

Porter's model can be applied to compare B-Schools based on factors like competitive rivalry, bargaining power of students, threat of new entrants, etc.

Competitive rivalry: Analyze the intensity of competition among B-Schools in terms of rankings, faculty, curriculum, etc.
Bargaining power of students: Evaluate the influence students have in terms of fees, scholarships, placement opportunities, etc.
Threat of new entrants: Assess the ease or difficulty for new B-Schools to enter the market and compete.
Threat of substitute programs: Consider alternative education options that may pose a threat to B-Schools.
Supplier power: Examine the influence of suppliers like faculty, industry partnerships, resources, etc.
Examples: Compare the competitive rivalry between Harvard Business School and Stanford Graduate School of Business. Analyze the bargaining power of students at Wharton School of the University of Pennsylvania. Evaluate the threat of new entrants in the B-School market in emerging economies like India.

Apply Porter's model in comparing your B-School wrt to other B-Schools

Top Piramal Group Management Trainee interview questions & answers

Popular interview questions of Management Trainee

Top HR questions asked in Piramal Group Management Trainee