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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1915 |
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Switching Costs: - Aircraft companies work closely with the suppliers to manufacture parts and designs specific to their requirements. Switching costs were usually high.
2. Joint Ventures and Alliances: - Since suppliers are critical to aircraft manufactures, aircraft manufactures usually form joint ventures or other types of business alliances with their suppliers...
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Number of Customers: - There are few aircraft manufactures. Losing a customer might mean lose of a large portion of the business to suppliers.
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1. Aircraft is plays a huge role in travel today. It saves time and even money. Although travel on road and by ship can be viewed as substitutes to air travel, they aren’t usually practical...
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