Business notes
Seacoast Science Center (SSC)
Class Preparation Questions/Activities
1. Perform a General/Marco Environmental Analysis as it relates to SSC.
P-The New Hampshire Parks Department and IBM give grant money annually to the Seacoast science Center.
E-As the internet grows and the amount of money will spend on luxury activities dwindles , the Seacoast science center must deal with declining numbers of museum goers.
S-Science related attractions have recently been declining in interest amongst the general population as sports and ambiguous entertainment grow .
T-A lot of research has been done and seems to be plateauing , plus there is only so much money that states and lenders will give to update technology that only analyzes science not just progression in it.
E-The science center seems to not be leaving that big of a carbon footprint.
L-The increasing sea level is beginning to remove some of the nearby beach from the center’s property. Not many regulations have been put on the science center.
2. Perform a Porter’s 5 Forces Industry Analysis as it relates to SSC. (Note: The amount of information you have about the different forces varies tremendously. Also, many not-for-profits like SSC have two customer groups, as Visitors and Donors can both be considered customers. Take this into account as you do your analysis.)
Threat of New Entrants: (Low) The seacoast Science center is specific to the region of new hampshire. Anything within a 50 mile radius would not be able to bring in visitors because as there is already low numbers of them it would be hard to beat out the history of the SSC . Bargaining Power of Suppliers: (Medium): For the visitors their bargaining power is medium because there are other attractions nearby. The price of entry is low compared to theme parks but they do bring in more money and offer more to their visitors.For donors , they have a high bargaining power because they are the largest part of the SSC’s revenue and they give to
Class Preparation Questions/Activities
1. Perform a General/Marco Environmental Analysis as it relates to SSC.
P-The New Hampshire Parks Department and IBM give grant money annually to the Seacoast science Center.
E-As the internet grows and the amount of money will spend on luxury activities dwindles , the Seacoast science center must deal with declining numbers of museum goers.
S-Science related attractions have recently been declining in interest amongst the general population as sports and ambiguous entertainment grow .
T-A lot of research has been done and seems to be plateauing , plus there is only so much money that states and lenders will give to update technology that only analyzes science not just progression in it.
E-The science center seems to not be leaving that big of a carbon footprint.
L-The increasing sea level is beginning to remove some of the nearby beach from the center’s property. Not many regulations have been put on the science center.
2. Perform a Porter’s 5 Forces Industry Analysis as it relates to SSC. (Note: The amount of information you have about the different forces varies tremendously. Also, many not-for-profits like SSC have two customer groups, as Visitors and Donors can both be considered customers. Take this into account as you do your analysis.)
Threat of New Entrants: (Low) The seacoast Science center is specific to the region of new hampshire. Anything within a 50 mile radius would not be able to bring in visitors because as there is already low numbers of them it would be hard to beat out the history of the SSC . Bargaining Power of Suppliers: (Medium): For the visitors their bargaining power is medium because there are other attractions nearby. The price of entry is low compared to theme parks but they do bring in more money and offer more to their visitors.For donors , they have a high bargaining power because they are the largest part of the SSC’s revenue and they give to