Aerospace Question: Download Questions PDF
What are the disadvantages of being in aerospace industry?
Answer:
The biggest disadvantage is that it is a relatively small field, and the number of companies in the field is getting smaller (lots of mergers between big companies in the news lately). In addition, this used to be a field where America had 90% of the market, but now foreign companies are catching up; this means that American companies are streamlining their organizations in order to be competitive.
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