Question: Prepare an industry analysis report that includes the following information: Provide a broad description of the aerospace industry. Describe the overall attractiveness of aerospace industry.
Prepare an industry analysis report that includes the following information:
Provide a broad description of the aerospace industry.
Describe the overall attractiveness of aerospace industry.
Is this an industry that has a lot of growth potential? What outside factors are affecting its growth?
Identify the factors that have allowed competitors to be successful in this industry so far. Summarize the overall value of the aerospace industry.
How is the industry currently trending? Are there any barriers to entry? For example, is the new industry more regulated because your engine will be placed in a hospital laboratory.
Summarize the sales. Speculate if sales vary based on the region of the country. For example, there would be very few snowplow sales in the southern United States. Define expected growth areas.
Describe the current market trends for the aerospace industry.
What products or services are trending? What are some current customer demands?
Perform a Porters Five Forces analysis to determine the potential success of moving into the aerospace industry.
Explain your rationale.
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