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Based on the information provided in the Overview, match the competitive pressure to its source of competition. High capital needs; Extremely low switching costs; No
Based on the information provided in the Overview, match the competitive pressure to its source of competition.
High capital needs; Extremely low switching costs; No proprietary products or services; Little or no profit the first few years; Likelihood of retaliation strong; Consumer preference for wellknown brands
Low switching costs; Some loyalty; Low bargaining power; Price sensitivity
Limited number of manufacturers; Standardized products; High capital requirements; Longterm contracts; Limited differentiation; High switching costs; Low bargaining power
Medium switching costs
Mature stage business cycle; High fixed costs; Brand identities and amenities differ; Low switching costs
Match each of the options above to the items below.
Suppliers
Buyers
Substitutes
New Entrants
Competition among Airlines
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