Monopolistic competition are kind of imprefect market condition where there will be so many players in the market which offer same kind of services to the client. In healthcare industry it will help the clients ( patients and other beneficieries) as because of stiff competiton they will get services at lower cost and at the best quality. The competition in the market results in providing unique value propostion to the clients by building new business models and cases. It reduces the overall cost for the medical care. But from the service providers point of view it will affect their profit margin as they have to compromise on their operational cost and have to be aggressive sometimes to introduce attractive packages to get clients for them. In a long run this competition can be considered as a constructive one where colloborative effort can be made and people can use the services based on their choices and preferences. Staretegc alliances between service providers inorder to share their technologies and facilties, resources would help the entire indutry to work for a good societial cause. Government tieups and initiative healthcare programs participation will help the service providers to enhance their visibility to the market.
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”
What Students Are Saying About Us
.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."
