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Canadian Aerospace Industry Porters Five Essay

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Canadian Aerospace Industry -- Porter’s Five Forces Strategy Analysis Bargain Power of Buyers: In the aerospace industry, the buyers are having strong bargaining power. Although the buyers have low price sensitivities in the aerospace industry, their purchasing power is limited by their financial capacity. Hence, there is limited number of companies and governments have the ability to purchase aerospace products and services. Additionally, this small sized customer has the freedom to purchase from different companies since many products are tailored to fit the needs of the customers and there are no fundamental distinctions between commercial aircraft products from different company.

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