Multiple Choice
Keeping in mind the five forces in the airline industry,which of the following best explains the situation in the industry?
A) Substitutes are readily available in the form of trains and buses, thus reducing the profit potential in the industry.
B) Suppliers have weak bargaining power because they offer products that are not differentiated.
C) Entry barriers in the industry are high resulting in hardly any new airlines popping up.
D) Consumers in the industry make decisions based on price, thus reducing the intensity of rivalry in the industry.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Quick Market Inc. is a food supply
Q23: What is the rule of thumb behind
Q24: Go West Airlines Inc.follows a cost-leadership strategy.Which
Q25: Which of the following is an example
Q26: Which of the following strategies will be
Q27: In 2008,BlackBerry's market cap peaked at $75
Q32: Which of the following statements is not
Q33: What are network effects?<br>A) the positive cost
Q77: Golden Harvest is a restaurant located inside
Q100: The _ allows the scanning, monitoring, and