Five Advantage: A Comparison Of Low Cost And Legacy Carriers

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1) Dutzik, T., Ridlington, E. (2012, September 20). The Costs of Fracking. Retrieved January 25, 2017, from http://www.environmentamerica.org/reports/ame/costs-fracking

As western society has been aggressively expanding, the consumption of materials has followed suit. This leads to a negative effect on the environment. To curb the decay of the planet, it is important for humans to have a handle on how much we consume. One consequence of consumption is the emissions produced by our vehicles. It is crucial to develop a government policy that most effectively controls and reduces the amount of these emissions we give off. While the government has introduced many subsidization policies, the most efficient policy the government could enact is to raise the taxes on gas.

One of Porter’s main contributions was Porter’s value chain. The value chain is all the activities an organization undertakes to create value for a customer. According to Porter, there are two ways to gain an edge over competitors. A firm must provide comparable but value but perform the activities on the chain at a lower cost, or; Perform services in a unique way

“Competitive Advantage introduces the concept of the value chain, a general Framework for thinking strategically about the activities involved in any business and assessing their relative cost and role in differentiation”. Michael Porter, (1985).

How Recycling Save Energy. Retrieved from https://harmony1.com/recycling-saves-energy Harmony Enterprise Inc. (2016). How Recycling Saves

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Since deregulation, the most influential driver of profit in the airline industry has been the control of ticket distribution (Shaw, 2013). Spirit Airlines, the leading ultra-low-cost, no-frills

The airline industry has always been a fiercely competitive sector. Since the invention of low-cost carriers, also known as no-frills or

The Airline industry has experienced continual problems with rising costs with both fuel and maintenance which has caused them to increase their fees to the consumers to pay for those rising costs. This paper will help explain what an airline such as Delta does to help alleviate such costs without forcing its consumers to flip the bill through high fees that consist of tickets, baggage fees and food. The costs of doing business in aviation today have spiraled out of control making it very expensive for both airlines and the

Finally, Lucas discusses the prospects for alternative fuel vehicles for the purposes of reducing negative externalities. In this section, he explains that there are various alternative vehicles that can be used in reducing the external cost of gasoline and diesel including natural gas vehicles as well as vehicles that rely on biofuels (Davis, 2017). Nevertheless, in the study conducted, Lucas focuses on electric vehicles (EV) as it is perceived as one of the primary alternatives to fuel vehicles (Davis, 2017). In the article, Lucas offers a pessimistic outlook on EVs claiming that despite subsidizing the purchases of EVs, it would not solve the problems of traffic congestions and accidents. As it is mentioned: “Probably most importantly, alternative fuel vehicles do little to reduce traffic congestion and accidents, two of the largest components of externalities. Subsidies for alternative fuel vehicles might even

The value chain analysis (shown in appendix) was also generated by Michael Porter. This model is referred to “identifying ways to increase the efficiency of the chain” (Investopedia, n.d.). Furthermore, the overall objective is to produce maximum value with minimum total cost and establish a competitive advantage.