Strategic Market, The Southwest Airline Model Research Paper

Strategic Market, The Southwest Airline precedent - enquiry Paper ExampleThe business set of the corporation is to eradicate the unnecessary frills provided by competitors hence, reducing the address to clients. The industry diminishes the cost by focusing at a lesser number of routes and only(prenominal) degraded one type of plane hence, it has created a niche market in the aviation industry. Therefore, by choosing only to employ one type of aircraft, it was a very strategic choice that could enable the connection to maintain their business in the world-wide competitive business world. Target Market and the Southwest Business Model The Southwest airline industry has made signifi fuckt efforts of employing effective strategic management policies and business models that can enable them to meet the demanding needs of customers in the targeted market. Michael gatekeeper has attempted to reveal a unique and precious strategic position of an industry based on a tailored set of activities that can enable the federation to achieve a competitive advantage (Hill & Jones, 2009). Many industries have made considerable efforts of employing Porters five forces of the competitive advantage in order to sustain their business in the global competitive market. The company manager of Southwest airline industry wanted to create a moo cost aviation solution that can offer quality service to customers hence enabling the company to sustain the competitive advantage. Therefore, the use of non-conventional models for a low-cost and controlled solid growth for the airline has been among the major aspects for achieving fighting in the airline industry (Gross & Schroder, 2007). The industry also segments the targeted market in varied ways including traveling short distances, frequent schedules, low cost fares as well as cost and value informed customers. The other one consists of value cost customers and best value for their dollars. The company created a business model t o offer competitive pricing without cutting back the quality of the overall experience for both consumers and workforce. Although the toll cutting policies were viewed as the major weaknesses of the airline industry, the aspiration of the company is reflected on the mission statement of the company. The company has remained