THE AIRLINES SECTOR The aviation industry in India has grown by leaps and bounds in recent years in terms of kilometers flown as well as customers serviced. The economy of a country is substantially determined by the quality of air transport. The airlines today have made themselves more popular among its customers by various marketing tactics like: • Reduced costs of air tickets for frequent flyers. • E-ticketing i.e. virtually eliminating the need for agents. Rynair and Easy jet two of UK’s
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Power Conclusion questions: 1) To what extent do individual buyers have the ability to negotiate low purchase prices with typical firms in this industry? a. Answer- Consumers can’t negotiate prices with fast food restaurants. However‚ there is a large degree of internal rivalry in the industry‚ with a very strong cross-price elasticity present in the industry. This encourages low prices due to a strong degree of substitution and gives consumers back some power. 2) To what extent do purchase prices
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Porter’s 5 Forces Low Threat of Entry Ryanair benefiting from large economies of scale and have massively reduced long run average costs. They have struck deals with Boeing and Airbus for reduced prices (1/3rd of listed price) on 737 aircraft in bulk buying therefore new entrants to the market will not get these reduced prices as they do not hold a similar relationship and they will not be able to order in bulk. Ryanair have struck deals with many local airports over flight paths and
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The toothpaste market in India is estimated at 7000 crores with a CAGR of approximately 12% between the 2008-2013 timeframe. The toothpaste (or in general‚ the oral care) industry is marked by: Low Bargaining Power of Suppliers owing to commoditized raw materials High Bargaining Powers of Customers owing to low switching costs and high number of options. High Rivalry amongst players owing to multi-player nature of the industry with frequent product launches. Medium Threat of New Entrants owing
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HEAVY ELECTRICAL EQUIPMENT BACKGROUND & HISTORICAL TRENDS Electricity in India Unlike other technological developments in the West‚ which were introduced in India after a time lag‚ electricity was introduced in India in the form of galvanic electricity (both electro chemical and electro magnetic) through telegraphy. The first experimental line was set up in Kolkata in 1839 at the Botanical Gardens along the river Hooghly. Electricity in the form of lighting arrived 35 years later with
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Toy Industry : Present and the Future 2010 TOYS INDUSTRY & FUTURE OUTLOOK A REPORT The r eport details the specifics of the global toy industry and the Indian perspective. The study also studies the trends‚ futur e growth patterns and challenges for the industry. For objectivity‚ and assessing consumer and market sentiments‚ two case analyses have also been presented from various major stores in Mumbai. Submitted to: Prof. Pramod Shetty Date: 23rd August 2010 1 KJ Somaiya Institute of
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Aviation Sector 6 Challenges Faced by Airline Industry 10 Future Trends 11 Opportunities 12 References 14 Introduction The Airlines is one among the inventions that had changed the way how people live and experience the world. In due course of time it has now become impossible to imagine business and leisure travel without air travel. The airline industry exists in an intensely competitive market. In recent years‚ there has been an industry shakedown‚ which is expected to the trend towards
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Introduction This paper will address trends and forces that are affecting Anheuser-Busch and will more than likely continuously affect the company. This paper will also assess the company’s market and address the organization’s strengths‚ weaknesses‚ opportunities‚ and potential threats. Finally‚ the paper will present three long-term objectives then restate the mission and vision statement. Refine the analysis of the forces and trends Strategic adaptability is crucial for any
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Project: INDIAN PAPER INDUSTRY The paper industry plays a very important social role for the country. Use of paper is considered as an index of cultural growth. The paper industry also contributes towards fulfillment of various requirements of the industry as a whole like information dissemination‚ publicity etc. which in turn stimulate industrial growth of the country. The paper industry has‚ thus‚ a catalytic role to play not only for the overall growth of the industry but also for the living
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INTRODUCTION In India‚ a country where traditional medicinal and health practices like Ayurveda and yoga have promoted the idea of mental and physical wellbeing since ancient times‚ a new concept of wellness is emerging. No longer limited to health‚ nutrition and relaxation‚ the new multi-dimensional definition of wellness encompasses the individual’s desire for social acceptance‚ exclusivity and collective welfare. WELLNESS INDUSTRY The 2009 FICCI-Ernst & Young (EY) Wellness – Exploring the
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