Identify the fundamental rules that govern the Airline Industry of the organization (Virgin Group) you chose, explain your rationale for identifying those rules, and explain how they differ from “simple rules” in other industries.
Industry Evolution Model based on Ray’s computer simulation and Allen’s fishing simulation
Explain the implications of Ray’s computer simulation and Allen’s fishing simulation described in the Strategic Management and Organisational Dynamics: The Challenge of Complexity course text for organizational strategy. Then based on those implications, develop an Airline Industry Evolution Model by identifying the patterns of competition and cooperation in the organization’s industry and explain implications of current industry behaviors for the organization’s strategy.
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