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Justifies a competition classification for the industry

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Reference no: EM131369459

Commercial Airlines Industry

Justifies a competition classification for the industry.

Describes the size and strength of current key firms in the industry, as these determine ease of entry and exit for new entrants into the market.

Discusses changes in market structure, such as quantity and skill level of labor supply and quantity and quality of raw materials used in the production process.

Evaluates industry forecasts for costs of market variables, such as labor and raw materials.

Explains evidence of future shortages or higher costs for market variables (that is, what threats exist and how this is known).

Reference no: EM131369459

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