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Individual Research Report on Intro Travel: External and Internal Analysis

   

Added on  2022-11-25

17 Pages747 Words305 Views
Individual Research Report
FPPT.com

Introduction
Intro Travel is a popular travel company as well as tourism
sector in Australia
It has been operating since the year 2005 that is known for its
exquisite travel experiences for more than 14 years (Mair and
Jago, 2010).
The mission is to create a socially responsible travel experiences
The vision is to reinforce the position as a leading tourism
company

External Analysis
External analysis is an objective
evaluation that is related to the
changing world
It is imperative in recognizing threats as
well as opportunities (Vining, 2011)
The external analysis will be carried
based on Porter’s five forces and pestle
analysis

Porter’s five forces
Threat of substitutes: There is
high chance for a tourism
company to start its business
Bargaining power of buyers: It is likely
to increase in the next five years (E.
Dobbs, 2014)
Bargaining power of buyers : It is
likely to be higher when there are
lesser individuals to fill the service
section.
Existing Rivalry: In the
coming five years, the rivalry is
likely to increase
Barriers to entry: In the
coming five years, the barrier is
likely to reduce due to presence
of the internet

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