We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Assessments instead of online discussions and seminar - Essay Example

Comments (0) Cite this document
Name Institution Course Instructor Date Industry analysis Introduction An industry is a combination of companies who offer services and products that satisfy the same customer needs (Hill and Jones, 2010:40). On the other note, Industry analysis is a market analysis tool whose aim is to provide a business with ideas of the complexity of a certain industry…
Download full paperFile format: .doc, available for editing
Polish This Essay95.4% of users find it useful
Assessments instead of online discussions and seminar
Read TextPreview

Extract of sample
"Assessments instead of online discussions and seminar"

Download file to see previous pages The purpose of an industry analysis is to assist an industry’s management to create and maintain a competitive advantage that helps a company to prosper in the market. Industry analysis needs to understand the structure of an industry and its attractiveness because it determines the profitability of a business (Hill and Jones, 2010:41). The level of industry profitability is not random but it rather has a systematic influence of the Industry’s structure, which eventually determines the entry and exit barrier. This paper will analyze the industry analysis applied to different industries in European markets (1) - Industry Analysis Analysis of five forces using UK Airline industry as our case study Porter arguers that there are five forces that determines an industry’s competitiveness that may change over time as the industry conditions change. These forces are entry threats, rivalry from existing competitors, threat of substitution, bargaining power of suppliers and the bargaining power of buyers (Porter, 2008:6). This paper will outline the five forces that the European airline industry put into practice. Competitive rivalry (European airline industry) Competitive rivalry will be the first force to analyze. The purpose of competitive rivalry is to assess the rate of competition within an industry (Porter, 2008:29). Airline industry’s is among the prominent industries globally that exist in an intensive competitive market. In Europe, the top three airlines are Air France, Lufthansa, KLM and British Airways. These airline companies compete against each other for the same customers through prices, technology, in-flight entertainment customer service and other services (Rothkopf, 2009:213). Entrants’ threat New entrants invade the existing market and bring competition and changes in the market environment. The cause of new entrants is the profitability in certain industries, which in turn attracts other businesses who intend to join the industry (Porter, 2008:7). European air industry has improved tremendously which has led to attraction to new entrants; however, the cost of entry is becoming higher. The required capital for an airline entering the industry is quite expensive. Competitive substitute The products and services provided in a particular industry usually have the same substitutes elsewhere. This substitute products and services pose a threat because they limit the ability of a firm and their prices (Porter, 2008:25). In our case, the main substitutes that offer other forms of transport are road, rail and marine. The distances between European destinations are relatively small, and people prefer other transport services. More so, the substitute means of transport tend to be cheaper than air transport. Additionally, environmental factors affect air travel because customers tend to see the environmental impacts of air travel as crucial disadvantage. These factors pose threats to the British airways in the business market. Supplier bargaining power Bargaining power is the ability to influence setting of prices because it assesses the ease of suppliers to hike prices (Porter, 2008:26). Suppliers can influence the profitability of a firm by exerting pressure for both higher and lower prices. The airline industry have little control over the rising fuel prices because there is no alternative source of fuel so far hence leading to the strength of supplier power (Porter, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Assessments instead of online discussions and seminar Essay”, n.d.)
Retrieved from https://studentshare.org/management/1473724-assessments-instead-of-online-discussions-and
(Assessments Instead of Online Discussions and Seminar Essay)
“Assessments Instead of Online Discussions and Seminar Essay”, n.d. https://studentshare.org/management/1473724-assessments-instead-of-online-discussions-and.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Assessment [Name of Student] [Name of Instructor] [Course Number] [Date] Assessment Assessments are most important part of the curriculum because these are professionally designed to measure different aspects of students’ knowledge and learning outcomes.
5 Pages(1250 words)Essay
Personality Assessments
The personality assessment examination was established by Paul T. Costa, Jr. and Robert R. McCrae for utilization with males and females over the age of 20 without any psychological disorders (Butcher, 2002). With the final module, there are two types of documents for the NEO, one for self evaluation (document S) and one for the perceptions of the observers (document R).
4 Pages(1000 words)Essay
There are many tasks associated with the maintenance of files that don't have much to do with the actual creation of the file. Backing-up files is one of these tasks. However, the employee is not responsible for paying for the software tools she uses. That is clearly the responsibility of the employee.
2 Pages(500 words)Essay
While the act of saving should naturally ease anxiety, it is precisely this attitude of worry and nervousness that filled the Langston while he was in church to receive Christ. Aside from the overall tone of the narrative, this claim is very much supported by
2 Pages(500 words)Essay
He also worked part-time as a systems analyst, which may help him become a good Staff Accountant. One thinks that the application letter lacks details on what are the outstanding qualities of the author which will set him apart from the
1 Pages(250 words)Essay
As a result of maldistribution of physicians by specialty and geography, proposed healthcare programs are becoming ineffective and thereby millions of patients are striving to get satisfactory medical care facilities. It is
2 Pages(500 words)Essay
Conversely, Dodge, Hill and McLoyd (2005, pp. 31-32), reveal that cultural niches unite generations within African American culture resulting to
4 Pages(1000 words)Essay
In the organizations with bureaucratic structures, the main power is typically concentrated at the management level and authority trickles
2 Pages(500 words)Essay
You are required to complete the following two exercises in the seminar class through reflection upon the learning developed from todays seminar activities & class discussions
The author is quick to point out 15 attributes that should be in habit to ensure that an individual becomes a successful leader. Before diving into this discussion, the author is quick to give a little summary of defining leadership
2 Pages(500 words)Essay
The suburb will help break the monotony of busy days in towns thereby enabling customers to relax and connect with nature. Additionally, the hall will have appropriate
1 Pages(250 words)Essay
Let us find you another Essay on topic Assessments instead of online discussions and seminar for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us