The USAirline Industry Has Intense Rivalry,primarily Undifferentiated Products,low Entry Barriers,and Low
Multiple Choice
The U.S.airline industry has intense rivalry,primarily undifferentiated products,low entry barriers,and low switching costs.Furthermore,suppliers of aircraft engines to the industry have strong bargaining power.It is no surprise that this industry has been one of the least profitable for years.Michael Porter calls this industry what?
A) A zero-sum industry
B) A "zero star" industry
C) A declining star industry
D) A competitively dynamic industry
Correct Answer:
Verified
Correct Answer:
Verified
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