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Stakeholder supportiveness and strategic vulnerability: implications for competitive strategy in the HMO industry
C J Whitehead1, J D Blair, R R Smith
1College of Business Administration, Texas Tech University, Lubbock.
Health Care Management Review
|January 1, 1989
Abstract:
A conceptual and empirical analysis of the strategic vulnerability of HMOs shows that they are strategically vulnerable on the social dimension of stakeholder supportiveness. One of the major implications of this finding is that HMOs' cost leadership strategy cannot be sustained, given the competition from such substitutes as PPAs.