A Move Towards A More Sustained Competitive Institution: Using theories of Structure and Change
DOI:
https://doi.org/10.14738/assrj.14.227Keywords:
Education, social sciencesAbstract
Many technical and vocational colleges have gone through a number of transformations in its structure and functions as a result of increased competition, increased Government pressures to stay within its mandate as technical vocational institutions, and to become more sustainable. The Porter’s Five Forces will be used to determine the extent of the institutions level of competitiveness and sustained competitive advantage.
Results of the study show that the threats to new entrants, threats to substitute products, suppliers bargaining power, and buyers bargaining power were all statistically significant predictors of the level of competitiveness among the technical and vocational colleges. However, the log of the odds of the institutions maintaining sustained competitive advantage was negatively related to threats to suppliers bargaining power, as these technical and vocational colleges were .389 times less likely to maintain sustained competitive advantage, being 95% confident that the population value of the odds ratio lies between [CI]0.157 and 1.009.
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