What environmental factors would you suggest account for a i

What environmental factors would you suggest account for (a) in company clinics that deal with employee medical problems, such as the one established by Toyota, and (b) the success of after-hours clinics and urgent care facilities in the metropolitan areas?

Solution

There are certain factors

1. Competitive factors

It has four basic structural forms of competition, the first one is pure competition in which every company has the same product who offers extended needed by the patient.

The second is monopolistic competition in which the sellers compete and they have the substitutional products.

Third is oligopoly in which only a few companies controlas a majority of the industry sales

Fourth one is monopoly where there is only one firm that sells a product.

2. Social factors

These includes demographic characteristics of the populations