LEHMANN & WINER’S LEVELS OF COMPETITION MODEL|My course tutor
Posted: February 25th, 2023
- 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, then construct a Levels of Competition Model for the product or service.
- 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. Then provide an analysis of whether this is a practical tool providing rationale to support your response. In your analysis, consider whether there are limitations to the tool.
please use a product/service offered near memorial hospital of gardenia which was used a few posts back
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SOLUTION
The health care product or service offering that I will use for this exercise is the MRI scan service offered by Memorial Hospital of Gardena, which is located within an 80-mile radius of my current location. Lehmann & Winer’s Levels of Competition Model is a conceptual framework that helps identify and understand the competition in a given market. The model comprises four levels of competition, including generic competition, product competition, brand competition, and total budget competition.
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