large share of the industry’s output or sales‚ it is a consolidated industry. The type of competition in fragmented industries is generally very different from that in consolidated industries. A consolidated (concentrated) industry‚ like the cruise industry‚ typically has a more attractive industry structure‚ though the nature and extent of competition in consolidated industries is hard to predict. Such industries typically exhibit high entry barriers‚ differentiated products‚ established brand
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Health Cruises Homework 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? *Fixed costs = $220‚000 (Ship rental and crew) + $65‚000(initial advertisement expense) +$10‚000(administrative expense) = $295000 *Contribution per unit = $1500 -$200 = $1300 *Breakeven point (in units)= 295000/1300 = 226.92 : At least 227 passengers should sign up for Health Cruises by November 20th.
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Executive Summary Norwegian Cruise Line (NCL) is rapidly becoming one of the best cruise lines in the industry. It has a strong financial position due to the 1Billion dollar cash equity investment made in the company by the private equity group Apollo Management. The company was started by Knut Kloster in 1966 under the name Kloster’s Rederi‚ which is one of Norway’s oldest shipping firms. This is a global company based in Miami‚ Florida but is considered a Bermuda Corporation with subsidiaries
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CRUISE CONTROL DEVICE INTRODUCTION Everyday the media brings us horrible news on road accidents. Once a report said that the damaged property and other costs may equal 3 % of the world’s gross domestic product. The concept of assisting driver in longitudinal vehicle control to avoid collisions has been a major focal point of research at many automobile companies and research organizations. The idea of driver assistance was started with the ‘cruise control devices’ first appeared in 1970’s
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CRUISE SHIP A cruise ship or cruise liner is a (usually very large) passenger ship used for pleasure voyages‚ where the voyage itself and the ship ’s amenities are part of the experience‚ as well as the different destinations along the way. Transportation is not the prime purpose‚ as cruise ships operate mostly on routes that return passengers to their originating port‚ so the ports of call are usually in a specified region of a continent. In contrast‚ dedicated transport oriented ocean liners
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___________________________ CHAPTER II JUDGMENT and PROPOSITION Form is a revelation of essence. As the drop becomes the ocean‚ so the soul is deified‚ losing her name and work‚ but not her essence. You must break the outside to let out the inside; to get at Kernel means breaking the shell. Even so to find nature herself all her likeness have to be shattered. (Anonymous) Chapter Outline 1. Judgment Defined a) Elements of Judgment * two known
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LUKOIL: Trade Strategy at a Privitized Exporter 1) What theories of trade help to explain Russia’s position as an oil exporter? Why? Which ones don’t? Why not? Russia has a natural and an acquired advantage: it has fifteen more reserves than Saudi Arabia. To explain its position‚ the Similarity Theory can be used: Trade mostly with neighboring countries‚ former members of Soviet Union. Another one is the Porter Diamond Theory: National competitive advantage‚ with favorable demand‚ factor
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Code: Date/Year of Module: Submission Deadline: Word Count: Number of Pages: 1267005 Dec 16‚ 2012 Economics of the Business Environment IB9710 2012 - 2013 12:30‚ 17 December‚ 2012 2533 20 Question: Understand Disney Parks and Resorts Business from Economics Point of View Understand Disney Parks and Resorts Business From Economics Point of View Page 1 “This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within
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Princess Cruises 24305 Town Center Drive Santa Clarita‚ CA 91355 April 22‚ 2014 Mrs. Erica Evander 2408 Fairview Road Costa Mesa‚ CA 92629 Dear Mrs. Evander‚ Thank you for taking the time to write us about your concerns regarding receiving a full refund for the Diamond Princess cruise you were on. We at Princess Cruises pride ourselves on offering customers the best possible service and accommodations. Princess Cruises understands and apologizes for the disappointment caused by missing
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Disney The Walt Disney Company is one of the largest media and entertainment corporations in the world. Founded on October 16‚ 1923 by brothers Walt and Roy Disney as a small animation studio‚ today it is one of the largest Hollywood studios and also owns nine theme parks and several television networks‚ including ABC. For more than eight decades‚ the name Walt Disney has been preeminent in the field of family entertainment. From humble beginnings as a cartoon studio in the 1920s
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