Industry Analysis – Micro Hospitals
Industry analysis is a tool that facilitates a company’s understanding of its position relative to other companies that produce similar products or services. Through this analysis, the strengths, weaknesses, opportunities and threats of a company can be identified.
Let’s take a closer look into micro hospitals. We’ll go over a quick industry analysis looking at the five competitive forces in the hospital industry such as threats, weaknesses and overall position in relation to the competition and profit potential.