What is the product and service model of Southwest?

1 UNIT VI Journal Entry, 200 words no citations

As a market manager for a company, contemplate whether prices should reflect the value the customers are willing to pay or whether they should be based upon the cost of the product or service to your company. How would you support this with an example of your product or service to substantiate your position?

Your journal entry must be at least 200 words. No references or citations are necessary.

2. Unit VI SOUTH WEST AIR LINES Case Study

What is the product and service model of Southwest? Who is their primary target market, and how is Southwest positioned with this group?

What is the pricing strategy of Southwest compared to other airlines? Is this a differentiating factor?

What risks does Southwest Airlines face both from a macro and micro environmental standpoint?

Can Southwest continue to thrive as a low-cost airline when tough economic times hit or as other airlines mimic its business model?

In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of 500 words in length (not counting the title and reference pages). You are required to use a minimum of three peer-reviewed, academic sources that are no more than 5 years old (one may be your textbook). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations.