1. Terry Thorton, vice president of marketing planning for Carnival Cruise Lines is quoted as saying, Were perfectly happy to be the Wal-Mart of the cruise industry. Assess the implications of taking a low-cost approach like Wal-Mart in the cruise line industry.2. Perform a SWOT analysis of Carnival Cruise Lines. Include 3-5 items in each SWOT category.3. Assess how financially successful Carnival Cruise Lines is in todays economic climate. Note: Carnival Cruise Lines is a publicly traded company with financial information readily available at its website and a variety of financial websites.4. Compare Carnival Cruise Lines (CCL) financially to Royal Caribbean (RCL), a competitor which is also a publicly traded company. From your perspective, evaluate who is the stronger company and state why.