Porters Five Forces Persuasive Essay Example

power over the prices charged for its services. Despite this, demand for the service was limited to affluent members of the higher class who could appreciate the benefits of further study. This resulted in an overall low level of demand that weakened the UoM's position of power over potential consumers. As a result of this weakened position, the UoM's overall power was only slightly significant. Further evidence of this reduced power was demonstrated as public pressure led to changes in their course offerings, replacing classic courses such as history, Greek, Latin and Mathematics with more utilitarian courses such as law, engineering and medicine.

During 1853, the University of Melbourne faced high bargaining power from its suppliers. Skilled academics and providers of specialized academic items, such as scientific instruments, were crucial to the functioning of the university during this time. Due to the limited number of suppliers and the indispensability of these items, those who did supply them were able to exert a premium and wield a high level of power over the university. The lack of substitutes for these critical items further compounded the suppliers' power. (Source: "History of Melbourne," revised March, 2007, http://www.)The history web pages of both the University of Melbourne and Sydney University were accessed on August 22, 2008 and March 2008 respectively. The URLs for these pages are unimelb. edu. au/about/history/index. html and http://www.syd.The history of higher education in Australia can be explored at the website edu. au/about/profile/pub/history. shtml, accessed on August 22, 2008. Additionally, a formal report by G. Goozee titled "The development of TAFE in Australia" can be found at www.ncver.edu, with pages 11-14 containing relevant information.The

text can be unified as follows, keeping the and their contents:

au/vetsystem/publications/574.html;, accessed 22 August, 2008. • Macintyre, S. ; Selleck, R. J. W.

(2003) Melbourne University Press provides a brief account of the history of the University of Melbourne, while John Poynter and Carolyn Rasmussen (1996) also delve into this topic.

A work titled "A Place Apart" authored by The University of Melbourne chronicling decades of challenges has been published by Melbourne University Press.