, Research Paper
...Analysis Analysis Threat of Substitutes of the Aircraft Industry Research shows that most aircraft industries face no threat of substitute products (Grimm, Lee & Smith, 2006, p. 85). However, the few that exist has a great negative impact on the business engagement of the aircraft industry (Grimm, Lee & Smith, 2006, p. 85). The most notable threat of substitute of product in the aircraft industry exists in the short distances over land (Grimm, Lee & Smith, 2006, p. 100). This threat emanates from automobiles and trains. Due to improved technology, high speed trains have been introduced in the transport sector (Grimm, Lee & Smith, 2006, p. 73). This poses a threat to the aircraft industry... Analysis...