airplanes (avg age = 3 years)‚ all their fuel costs have been paid for until the end of this year (at a fixed price)‚ they fly larger aircraft on shorter haiul flights‚ which is in demand‚ so recycling of their aircraft will be much easier than say easyjet 15% in agricultural land - world population has just hit the 7bn mark - more mouths to feed. Also‚ the emerging nations diet is changing to a more meat focussed diet (away from wheat and rice etc) - and it takes 6x as much land to breed a cow tfor
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follow its marketing objectives in the target market. McCarthy has classified these tools as the 4Ps of marketing which are product‚ price‚ place and promotion. (McGraw-Hill/Irwin‚ 2002) The 4Ps are the ideas to take into account while marketing a product. They constitute the root of the marketing mix. In order to efficiently market a product‚ it is therefore imperative to get an optimally correct mix of the 4Ps. In an ideal situation‚ if a company is able to plan a promotion for the right product‚ at
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European Airline Industry – Strategies for the New Millennium European Airline Industry – Strategies for the New Millennium Debarshi Datta‚ Analyst‚ Airline Vertical with Subham L. Chakravarty‚ Asst. Manager‚ Airline Vertical This paper depicts the current scenario in the European Airline Industry through in-depth analysis and appropriate case studies and suggests restructuring‚ along with the implementation of modern IT systems as an effective tool in the struggle for survival. SkyTECH
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take up 50%) The self-reference criterion has important implications for international marketing reference criterion and discusses its implications for each element of the marketing mix. Use examples to explain. - Culture * SRC concept link to 4Ps * Religion‚ value‚ language‚ political‚ education (determinants) * Strategy – Standardization (ethnocentric) Explain the main arguments for and against the customization of the marketing communication campaign in overseas markets. Use examples
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success of a company when positioning a product to society depends largely on a good marketing strategy. A key part in the process of establishing a marketing strategy is the application of 4ps. But What are the 4ps?‚ What is the benefit of knowing them?. This test will try to provide the theoretical information of the 4ps‚ in order that the reader answers these questions and is motivated to the deepest investigation of this important topic in marketing. Desarrollo: Marketing originated with the application
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to conflict between cost minimization and cost of value-added differentiation. Post-Porter(1980) research indicates companies pursuing differentiation/low-cost strategies may be more successful than companies pursuing only one strategy. (RyanAir/EasyJet/Dell) low cost strategy rarely able to provide a sustainable competitive advantage - firms end up in price wars. best cost strategy is preferred - best value for low price. CLS - winning market share by appealing to cost-conscious/price-sensitive
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cost air carrier easyJet‚ the first flight being between Luton and Scotland in 1995. easyJet put forth a business model that strived to give the lowest cost product to the consumer by cutting down costs through the use of internet only reservation‚ simple point to point flights and yield management policies. As the airline evolved in to a “brand”‚ Stelios extended the brand and found easyGroup. easyGroup evolved over the years and now consists of the following businesses: • easyJet • easyInternetCafe
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IDEA cellular limited Idea Cellular: commonly referred to as Idea‚ is an Indian mobile network operator based in Mumbai‚ India. Idea is a pan-India integrated GSM operator offering 2G and 3G services‚ and has its own NLD and ILD operations‚ and ISP license. With revenue in excess of $4 billion; revenue market share of nearly 15%; and subscriber base of over 121 million in FY 2013‚ Idea is India’s third largest mobile operator. Idea ranks among the top 10 country operators in
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POVERTY AND CONDITIONAL CASH TRANSFERS A Reaction Paper on the Article Written By Randy David Presented by: JOEFREY C. MIRAFUENTES --oOo-- While the article wished to present the acceptability of the Conditional Cash Transfers as an immediate response of the Philippine Government to the beleaguering effects of poverty‚ it also presented another reality that cannot be obscured away from discussing such societal problem‚ and that is the susceptibility of this stimulus program to be exploited
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Operation05341_02_ch02_p021-044.qxd 9/25/07 10:01 AM Page 21 CHAPTER 2 OPERATIONS‚ STRATEGY AND OPERATIONS STRATEGY INTRODUCTION An organization’s operations function is concerned with getting things done; producing goods and/or services for customers. Chapter 1 pointed out that operations management is important because it is responsible for managing most of the organization’s resources. However‚ many people think that operations management is only concerned with short-term‚ day-to-day
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