List of potential
competitors for Islington College
·
NOVA
International College
·
Kings
College
·
Silver
Mountain College
·
British
College
·
ISMT
College
·
Presedential
College
·
Softwarica
College
Develop a porter’s
five forces model for Islington college:
1. Bargaining power of supplier
We can get International degree from very few colleges here in Nepal, and Islington is one of them. Providing the international degree is not the only thing that students and parents consider, the quality and acceptability of that degree is also very important, which is provided by Islington college through a renowned university “London Metropolitan University” which is in England, London. It is also an oldest college among its competitors. It can provide international degree in management and IT, which is far better than its competitors because they provide only one degree. Another big factor that gives Islington college an edge over its competitors is it affordability, other colleges offers the degree in high cost when compared to Islington college. Islington college is also certified and approved and recognized by the Nepalese government, whereas there are some colleges who provides international degrees but are not certified and recognized by the Nepalese government.
We can get International degree from very few colleges here in Nepal, and Islington is one of them. Providing the international degree is not the only thing that students and parents consider, the quality and acceptability of that degree is also very important, which is provided by Islington college through a renowned university “London Metropolitan University” which is in England, London. It is also an oldest college among its competitors. It can provide international degree in management and IT, which is far better than its competitors because they provide only one degree. Another big factor that gives Islington college an edge over its competitors is it affordability, other colleges offers the degree in high cost when compared to Islington college. Islington college is also certified and approved and recognized by the Nepalese government, whereas there are some colleges who provides international degrees but are not certified and recognized by the Nepalese government.
2. Threat of substitute products
Islington
college has got a very strong bargaining power and advantages over its
potential competitors which makes the
threat from its potential competitors very rear and small. All of the advantages that Islington college
tends to provide the students like low cost and quality education makes it more attractive to the students.
3. Competitive rivalry
Existence of differentiation, exit barriers and very few competitors, the chances of rivalry among the colleges remains very small. This gives Islington college an edge to operate smoothly, effectively and efficiently at its best.
Existence of differentiation, exit barriers and very few competitors, the chances of rivalry among the colleges remains very small. This gives Islington college an edge to operate smoothly, effectively and efficiently at its best.
4. Buyers power
Islington college
provides a truly international degree at a very low price, which itself gives it the edge against
people giving Islington college much
power than the people. Other than that, it provides scholarships to the
deserving and qualified students to help them and encourage them to study
even more carefully and seriously.
5. Barriers to
entry
It takes a lot
of capital, infrastructures, advanced technologies to establish and operate a college, it is itself a big barrier
for the entry of any new colleges. Other barriers can be approval and
authorization from the government, availability of suitable locations, etc.Hence, because of the advantages like bargaining power, quality education in low cost, existence of very few competitors (colleges) in the market, and etc that the Islington college has got, it gains a very strong competitive advantage over other colleges which provides international degrees in Nepal.
To which strategic group might Islington College belong?
Islington College belongs to a group with comparatively high price and high quality with higher number of students too.
Can you map the group?
Yes, I can map the group.
No comments:
Post a Comment