This is a three page assignment but two separate assignments. The first 2 page is about porter’s five forces and the question is For the last several decades the commercial aviation industry has undergone a metamorphosis as a result of a number of changes in the macro as well as the industry environment. Using Porter’s Five Forces framework, describe the nature of those changing environmental factors and project how they or other factors might further alter the aviation business environment in decades to come. Has the aviation industry been uniquely affected by these factors, or are similar ones evident in other industries? The second part which is the third page and separate from the first part is about an article “Karagiannopoulos, G.D., Georgopoulos, N., & Nikolopoulos, K (2005). Fathoming porter’s five forces model in the internet era. Journal of Policy, Regulation and Strategy for Telecommunications, Information and Media. 7(6), 66-77.” Read the article and respond (not more than 300) words that responds to the following question: What do the authors have to say in their critique of Porter’s argument about the New Economy as “based upon exaggerated phenomena that took place prior to this event [advent of the New Economy], when great expectations of the growth of the new economy had been cultivated?” Do you agree? There are no sources need for citation but if you will like to use a source for the second part feel free to do so.
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