The Rise Of E Commerce - 2328 Words

Major Assignment Part 2 Micro Economics BACC107 Name: Question No: 1 The rise of e-commerce means that in today’s business environment, traditional businesses are faced with another level of competition that did not exist before the internet became part of our daily lives (Read page 180 of your text). Using the airline industry in Australia, list some of the factors that are driving an increase in competition between firms in this industry? Bearing in mind these factors, what sort of a market structure closely resembles the environment in which the firms in the airline industry in Australia operate in? Explain. Answer: Introduction: Macroeconomics analyses economic issues at the highest levels of aggregation: the economy as†¦show more content†¦Airlines lease or own their own aircraft and to provide these services, you can establish partnerships or alliances with other airlines for mutual benefit. In general, the airline confirmed by the government aviation agency issued an air operator certificate or license. Airlines from those aircraft carrying mail or cargo, through full-service international airlines operating hundreds of aircraft differ. Airline services can be categorized as intercontinental, intra-continental, national, regional or international, and may be scheduled or charter operations. Affect of airplane industry on economy: Australians are dependent on air services are increasing. Among other things, this is In leisure and tourism (especially outbound) and regional expansion is driving growth Strategic resources and agricultural activities. This can be seen in the overall growth the total number of domestic passengers has grown from 64.8 million to107.5 million in the past 10 years. Another aspect of the impact of the overall demand for aviation services has been developed more global and domestic national enterprise supply chain. As companies become more closely related to suppliers and markets beyond their neighborhood, they rely more and More air-based services, movers and freight. Importantly, every form of air sports - leisure and commercial Interface with Australia s airport infrastructure. The existence and operational efficiency Airport facilities is so important