Porter and Teisberg promote positive-sum competition in health care that is characterized by the essential characteristics: better value, early detection and management of specific diseases, appropriate levels of competition, a suitable market, and accurate supplier information.
Commutative intelligence is disciple that can aid in converting data and information into valuable resource. Its a process by company to gather and analyzed information about industry, environment for business, competitions and their products with aim of directing their future strategy.
Consumers gain from competition in the health care sector because it lowers costs, boosts quality, and promotes innovation. As an enforcer of the law, the Federal Trade Commission's duty is to prevent businesses from engaging in anticompetitive behavior that is detrimental to consumers.
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