Zero sum competition is based on the concept of a winner and a loser in a busine

Question

Zero sum competition is based on the concept of a winner and a loser in a business relationship Porter also builds an argument around value and quality that leads to lower health care costs. Your assignment this week is to describe a way that quality, as it is used in the two Porter articles on Value Based Competition, leads to a strategic advantage. This means using our definition of strategic advantage – providing a service that is different from our competitors that brings value to our customers/patients.

Explanation / Answer

Providing a service that is different from competitors that brings value to our customers/patients:

Value-Based competition can help an individual health care provider (i.e.: hospital, physician group practice, etc) create a competitive advantage since:

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