For assignment 2 I have chosen KLM. KLM is a Dutch airline with its headquarters in Amstelveen the Netherlands. I have chosen this company because I am very interested in aviation and when asked to choose a global Dutch company the first thing I thought about was KLM. In this assignment I will evaluate KLM’s operations on 2 different continents and compare these operations. To do so I will make use of different sources, and KLM's partner airlines.
The two different markets that will be evaluated with KLM’s operations are The Netherlands, and the United States of America. I have chosen these markets because they are the two biggest markets of the KLM and they have very different characteristics compared to each other. …show more content…
This means that consumer prices are 0,6% lower in the Netherlands. however this difference might be compromised by the CPI. The CPI in the Netherlands is currently at a rate of 2.9% on housing and utilities, 3.5% on private education, and increased to 0,4% on foodstuff. In theory, due to the higher CPI rates in the Netherlands airline tickets from KLM should be more expensive in the Netherlands than they are in the United States. The biggest difference in Inflation between the United States and the Netherland is that inflation in the Netherlands is slowly decreasing where inflation in the United States still is rising. However the inflation in the US has been on an decreasing path until January of this …show more content…
But the House of Representatives has approved the making of these regulations more flexible. Since the Golden Age in the 6th century, the Dutch have been known for their international business acumen. The Dutch East India Company (Dutch East India Company), for example, was the world's first multinational. The first global success was based in Amsterdam. In those days, the Netherlands was the number one distribution center for Europe. Amsterdam was the leading central port of transshipment to Europe and some products for the world. This activity attracted many skilled, flexible and innovative employees. The Dutch labor market is still known for its highly trained employees, flexibility, industrial stability and sound