Question: ust provide Valid links for each. Please do not use chat gpt as I need specific statistics from websites/sources. Company: American Airlines (Aviation/airlines industry) Structural
ust provide Valid links for each. Please do not use chat gpt as I need specific statistics from websites/sources.
Company: American Airlines (Aviation/airlines industry)
Structural or Five Forces Analysis of the Industry
The analysis MUST be completed with a numerical ranking of 1-10 for each force, including empirical data, analysis and logic provided to justify the ranking.
- 1 = very low intensity of the competitive force
- 10 = maximum intensity of the competitive force
Note: A lower number = less intense competitive force = higher profitability (all things being equal).
c) Substitutes
A substitute is a product with similar - NOT identical - functionality (e.g. car vs plane)
MUST identify substitutes - if any. For instance, oil is a substitute for natural gas which is a substitute for coal which is a substitute for solar which is a substitute for wind etc
Note: Many industry associations or Stats Canada provide a chart or table that lists the relative market share of each type 10 years ago, 5 years ago, and today to demonstrate relative shifts (e.g., bottled water is going up while relative liquor consumption is declining).
In this section, discuss the substitutes according to price and value and use data to enable comparisons (where available):
- where possible make a table that lists annual gallons or ounces consumed PER CAPITA or annual dollars spent PER CAPITA, by consumers on milk, water, juice, new age, energy, wine, beer, liquor, etc.
identify and analyze the number and functionality or utility of substitutes available, including the price-value relationship between the product and the substitute (e.g., return airplane ticket from Ottawa to Toronto around $200 versus average cost of $50-$100 to rent a car)
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