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With the aid of a clearly drawn diagram conduct a competitive forces analysis of the U.S....

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General Management

With the aid of a clearly drawn diagram conduct a competitiveforces analysis of the U.S. airline industry.

What does this analysis tell you about the causes of lowprofitability in this industry?

What are the principal advantages and disadvantages of using thefive forces framework?

Answer & Explanation Solved by verified expert
3.7 Ratings (482 Votes)
Porters five forces analysis is a very useful methodology to analyse the external environment effect on any organisation or industry By applying the external five forces we can easily determine the after effects of those forces on the specific organisation Five forces of porters analysis are as follows Competition rivalry Supplier Bargaining Customer bargaining Threat of new entrants Substitute threats Five forces analysis on the airline industry Airline industry is a very big market and has been producing huge revenues as well as facing the huge competition in each and every aspect As the new competence are entering the markets they are increasing the overall competition and affecting the structure Competition rivalry Because there are so many operators available in the same region with the same route As the low cost Carriers entered the market start to find the most profitable way to surpass the safety regulations of the industry This specific Innovation and ideation is driving extreme changes in the airline industry Airline industry is mainly    See Answer
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