Elissa Curlin: I frequently spend my half an hour to read this blog's posts daily along with a mug of coffee.
Jonie Lauria: Threat of New Entrants - there are many "universities" being set up today, primarily because education is now a profitable business, so competition has increased. Further, because of globalization, universities compete with each other around the globe, but I guess the most serious competition is between the US and the UK. Threat of Substitutes - I guess this is applicable in terms of the courses and specialisations offered by different institutions. As mentioned above, newer universities are being set up, that offer highly specialised courses, because existing courses at established universities are often too broad in scope.Bargaining Power of Buyers & Suppliers - Well-established and prominent universities like Harvard etc, as suppliers of education, are more powerful....because they have limited seats and students globally competing to get in! . Newer or lesser known universities have to work harder to attract buyers (students) because now there's so much choice in education. All these forces combine to increase Competitive Rivalry in the global private higher education sector....Show more
Betsey Copp: I think your question is the obvious result of the state of government schools in the United States. We graduate so many kids that can barely read and write but seem to know all about their "rights". What makes you think education is free in America? Are you not aware of the taxes which are collected at every level to pay for this poor education we receive? What you should do is compare the cost of attending a private school vice a government school and then look at the result. Nothing the government does, including contracting out those services you mention, is ever done as well as a private company can do it. The reason those cafeterias and textbooks are so expensive is that they deal with the government an! d none of us in government ever spend our own money. We spend ! tax dollars and too many of us simply don't care about the price. We would never run our own finances the way we spend our tax dollars. You are very naive, but hopefully you will grow out of it. We'll see how you feel when you are holding down a job and looking at your taxes or worse, running your own business. Good luck!...Show more
Aldo Decurtis: Hi,In response to your question, How Porter's five forces effect the private higher education sector?, I say you that take a look at this site http://onlinecollegesfaqs.net because may be it can help you As you described; "I want some information about each of five forces effecting the private higher education sector in general." it might help you.Best of Luck :)...Show more
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