Individual Assignment 1. What is the SIA business model in terms of revenue? In terms of revenue‚ the business model that SIA adopted is the Sales Revenue model. SIA gets the revenue by providing the best service to the customer. Profit = Revenue – Cost To calculate with the formula above‚ if a company want to get (a higher) profit‚ the revenue has to be increase of maximized when the cost (fixed and/or variable‚ or both) should be minimized. SIA invests significant percent in its human
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Singapore Airlines by Lau Geok Theng with the assistance of Leong Wai Yee In September 2010‚ senior executives of Singapore Airlines (SIA) were wondering what strategic thrusts they should adopt over the next ten years in order to remain competitive and profitable. The company had just announced increases in fares averaging S$200 (US$148) more for economy seats and S$1‚000 (US$743) more for premium seats‚ given the improved economic climate and increased air passenger counts in recent months
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However the knowledge an employee shares when they leave one company to work for a competitor may or may not be considered ethical even if it is not against the law or in violation of an agreement. Practicing good ethics means competing fairly and honestly‚ communicating truthfully and not causing harm to others. (Boveé‚ Thill‚ Mescon‚ 2007‚ pg. 65) Sharing overall knowledge gained by experience or education are examples of ethical knowledge that can be shared with a new employer. Sharing specific
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shareholders of $379 million for the financial year. Even despite recording lower operating profits that arrives from high Jet fuel prices and lower returns due to weak global economy. Fig 1.1 Financial review of FY13 (taken from SIA FY2013 report) Based on the FY2013 report‚ SIA (2013) reported that: “During the financial year‚ air travel and freighter demand continued to be affected by the ongoing weakness in the Eurozone and sluggish recovery in the United States. Yields were diluted as tactical promotions
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Background Information SIA is founded since 1972 and has became the most respected travel brands around the globe. The youngest aircraft fleets in the world to destinations spanning over 6 continents‚ with high standards of care and service. They made a habit of leading the way‚ alont the way developed a reputation for being an industry trendsetter. * Their ever-growing list of industry-leading innovations includes the following firsts: * First to offer free headsets‚ a choice of
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Executive Summary This sourcing strategy report represents the result of our analysis of four potential suppliers both domestic and international in an attempt of the company to outsource many key product components and subassemblies‚ including the 9000x series DVD drives. The identified suppliers include: - Elecom Technologies: a global firm with solid reputation‚ and has price as a competitive edge. Their net sale is 1.5 times more than the other three suppliers combined. - SureTech is a small
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The word ethics come from the Greek word “ethos” which means custom. The Latin word for ethics is “mos”‚ from which “moral” and “morality” have sprung Ethics The science of human duty; the body of rules of duty drawn from this science; a particular system of principles and rules concerting duty‚ whether true or false; rules of practice in respect to a single class of human actions; as‚ political or social ethics; medical ethics. Social Ethics Social ethics are the philosophical or moral principles
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publication date: lcc: ddc: subject: Common Knowledge : How Companies Thrive By Sharing What They Know Dixon‚ Nancy M. Harvard Business School Press 0875849040 9780875849041 9780585258171 English Organizational learning‚ Business enterprises-Communication systems‚ Intellectual cooperation‚ Information networks--Economic aspects‚ Success in business. 2000 HD58.82.D585 2000eb 658.4/5 Organizational learning‚ Business enterprises-Communication systems‚ Intellectual cooperation‚ Information networks--Economic
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this journal is available at www.emeraldinsight.com/0969-6474.htm The role of culture on knowledge transfer: the case of the multinational corporation Leyland M. Lucas Department of Management and Business Administration‚ Morgan State University‚ Baltimore‚ Maryland‚ USA Abstract Purpose – This paper aims to look at the issue of culture’s role in knowledge transfer within multinational corporations (MNCs). Studies of MNCs have hinted at the importance of culture to the performance of subsidiaries
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Essay: Assessment Three 1001EHR Employment Relations Mangers’ encouragement of employee voice can lift well-being and productivity. Discuss. Employee voice is about the participation of employees by influencing decision making in the organisation. In the past‚ union voice has had the leading voice mechanism with supplementing from employers union voice with nominated non-union reps that often is sitting on joint consultative committees (Charlwood‚ 2006). The classic work of Freeman and Medoff (1984)
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