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swat32
2 years ago
8

What conclusions can be reached about the airline industry using the five forces framework?

Business
1 answer:
Vikki [24]2 years ago
3 0

To maintain steady profitability, the mega-airlines must work tirelessly. Supporting actors like airports and aircraft vendors are quite lucrative. The study examines the dynamic forces of competition and shows that strategy management of the competitive tensions is essential. Competition is shown to embody the ability to appropriate value.

Research also shows that fundamental competitive forces dictate the industry's level of intensity, and that an organization's choice of strategy can change the influence of these forces to its advantage. A series of realistic assessments of what is good and bad about present industry thinking and practises form core of the study.

To learn more about strategy, click here

brainly.com/question/15285486

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