The Case of Jet Airways Jet Airways: Background Jet Airways (India) Private Limited was a reputed private airline in India having an average fleet age of 4.45 years. Jet Airways covers 63 destinations spanning the length and breadth of India and beyond‚ including New York (both JFK and Newark)‚ Toronto‚ Brussels‚ London (Heathrow)‚ Singapore‚ Hong Kong‚ Kuala Lumpur‚ Colombo‚ Bangkok‚ Katmandu‚ Dhaka‚ Kuwait‚ Bahrain‚ Muscat‚ Doha‚ Riyadh‚ Jeddah‚ Abu Dhabi and Dubai. The Airline carried
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Management by objectives (MBO) Overview The essence of MBO is participative goal setting and choosing one’s course of actions. An important part of the MBO is to measure and compare the employee’s actual performance with the set standards. After defining the organizational objectives as per the yearly business plan set by the top management‚ objectives are cascaded into smaller‚ more specific goals at each level of organization (divisional‚ departmental‚ individual). The manager and his
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Management by Objectives What is MBO? Management by Objectives (MBO) is also known or referred to as Management by Results (MBR). Management by Objectives is a process whereby the objectives in an organization are defined in order to help the management of the organization and the employees to agree on the same. The concept and the term was coined and popularized by Peter Drucker in the book‚ The Practice of Management in the year 1954. The essence of management by objectives lies in mutually
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Customer Relation @ Tiger Airways Indra Adhikari Bader Alfuntukh Abdulaziz Binzamil July 2014 0 Table of Content 1. Introduction ........................................................................................................ 2 2. Financial situation ............................................................................................... 2 3. Positioning of Tiger Airways ...................................................
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GOALS AND OBJECTIVES OF FLAVORITE What happens if you drive your car without having a destination? You go around in circles. The same way in business success. You cannot achieve success without first being very specific about what you would like your business to be like when it is “done”‚ to define exactly what success means to YOU. The Goal of Flavorite is to be an inspiring restaurant in having an excellent and interesting food and services‚ not only great food selection‚ but also efficient
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1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
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Sequencing objectives within classes and courses within curriculum is important because much of what we learn is developed through building blocks of knowledge. For example‚ in my current field‚ one must know medical terminology and anatomy and physiology in order to begin a coding class. If one does not know where the pyriform sinus is in the human body‚ one cannot assign "history of pyriform sinus cancer" the correct V-code. One would assume that since the word "sinus" is in the phrase‚ the
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purpose in writing this is to argue for the existence of an objective morality based entirely on rational and scientific reasoning. By "objective morality" I do not simply mean that morality exists in the sense that various societies consider various actions to be immoral. What I mean is that certain actions are inherently right or wrong regardless of what any society thinks about them. In other words‚ I mean that there is an "objective morality" which exists independently of human beliefs and human
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Case study—JetBlue airways IPO valuation Introduction: As a leader of airways industries‚ JetBlue is successful because of professional services and a good management team. In 2002‚ JetBlue became a public company. Despite the fact that US airline industry had witness 87 new airline failures over the previous 20 years‚ Jetblue overcame difficulties and expressed confidence in the bright future. Before going public Before going public in 2002‚ JetBlue has outstanding advantage in the whole
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The Aims of Education Alfred North Whitehead (1861-1947) The essay starts with Whitehead’s idea that authentic learning comes from a blend of expert knowledge and cultural knowledge. Expert knowledge comes from the course contents and cultural knowledge comes from activity of thought – which refers to students generating ideas of their own from their school experience or at least “playing” with the ideas presented to them in all ways possible to maximize learning. This leaves room for the student
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