Can you remember 9-11? Most people know about infamous act of terrorism. Unfortunately, it was not the only one. Some people say that the world is becoming a better place in which to live, but we are exposed to an increasing number of dangerous situations. Hence, I think that the world is a dangerous place in which to live for several reasons. Firstly, we are living in an era of wars. There aren’t any big wars such as World War II, but there are many acts of violence and threats of mass destruction.
These are due to terrorism and experimentation on nuclear weapons. Besides, we often hear of suicide bombers in Iraq and the building of nuclear weapons by North Korea. Therefore, it is difficult to say that today’s world is a safer one. Moreover, we face, see and hear about a lot more crime today than we did in the past. If you watch the news, you will hear about a lot of crime such as hijack, killing or kidnap. Some murderers are psychopaths who don’t have any feelings.
They kill people without reasons. If you have heard of any kidnap cases, you will notice that they are very violent and cruel, sometimes involving torture. Not only do they ask for ransom, they sometimes sell the victims to brothels. Thus, it is scary to think that what is in the news can happen to us at any time. Apart from that, some people die because of money. Nowadays, it is difficult to live without money. So people work hard to earn money. Some try to make ends meet by cheating others or gambling.
If they get into a desperate situation, they may borrow money from loan sharks. Loan sharks are notorious for threatening people who can’t return the money in time. Debtors sometimes commit suicide because of the threats. Hence, money can become a knife for people to kill themselves. In conclusion, these are just some of the dangers. There are more dangerous situations involving gangsters, drugs and accidents. We don’t know when misfortune may befall us so we have to be cautious all the time.
Your group has clearly identified what needs to be done and you have laid groundwork for the analysis you want to do. That said, you need to go out and find facts for the various dimensions of the forces to substantiate your arguments (and ultimately your conclusions). For instance, you say that it is capital intensive to enter the airline industry, but do not provide any sites or corroborating evidence of that. This hold true throughout your paper. Also, you spend time in each of the forces telling me what they are and some of how they function before getting into the material on your analysis. There is no need to do this. Finally, you keep ending up talking about American Airlines in your analysis instead of staying at the industry level. Please focus on the industry level only for this analysis. Value chain analysis https://www.visual-paradigm.com/guide/strategic-analysis/what-is-value-chain-analysis/ Industry analysis: What you call the value chain analysis is the industry analysis. This analysis is done at the industry level and looks at the 5 forces you identified in your value chain. You need to dive more deeply into each of the forces and not just assert for instance that the threat of new entrants is low because of regulation. How much regulation is involved? How long does it take to get access? Are there different restrictions for different types of companies. This should be done (and evidence should be provided) for each of the 5 forces as articulated in class. Company analysis: You need to analyze specific resrouces or capabilities, not the class resources. If you believe fleet size is a key organizational resource, analyze that and identify what level of competitive advantage it offers using the VRIN tool we discussed. As with the industry analysis, you need to provide data from cites to substantiate your assessment of each level and conclude the level of competitive advantage offered. Value chain: As you can guess, you need to do this anew because what you have there isn’t a value chain analysis. Competitive dynamics: You have some of the key elements of market commonality and resource similarity there but you need to more thoroughly articulate why you have chosen the elements you have and then provide a cutoff so that we can know whether or not a firm is high in each. Mutually acknowledged competition comes from that matrix (as we did in class) from the high/high cell. Value chain analysis https://www.visual-paradigm.com/guide/strategic-analysis/what-is-value-chain-analysis/
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