Question: Question 4 keeping in mind the five forces in the airline industry, whihc of the following best explains the difficulty Airlines have in generating a

Question 4
keeping in mind the five forces in the airline industry, whihc of the following best explains the difficulty Airlines have in
generating a profit?
Suppliers have aweak bargaining power because they offer products that are not differentiated.
Subsitutes are readily available in the form trains, buses, and cars, thus reducing the profit potential
Consumers in the industry make decisions based on price, thus reducing the intensity of rivalry in the industry
Entry barriers are high, resulting in hardly any new airlines coming up.
Question 4 keeping in mind the five forces in the airline

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