References: Bureau of Transportation Statistics. (2005). Air traffic statistics and airline financial statistics. Retrieved February 17‚ 2006 from http://www.bts.gov/oai/indicators JetBlue Airways Corporation. (2002). Jetblue?s 2002 Form 10-K. Retrieved February 22‚ 2006‚ from http://media.corporate-ir.net/media_files. Improved Forecast Accuracy in Airline Revenue Management by Unconstraining Demand estimates from censored Data. Retrieved February 20
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RISK MANAGEMENT PRACTICES IN THE AIRLINE INDUSTRY by Sharon Fernando PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF ARTS In the Faculty of Business Administration Financial Risk Management O Sharon Fernando 2006 SIMON FRASER UNIVERSITY Summer 2006 All rights reserved. This work may not be reproduced in whole or in part‚ by photocopy or other means‚ without permission of the author. APPROVAL Name: Sharon Fernando Degree: Master of Arts Title of Project:
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less innovative industries are Bank of America (has a formalized research program to try out new customer services/amenities such as video screens in next to teller lines)‚ Intuit (e.g.‚ putting Quicken money management software online)‚ Ikea‚ JetBlue Airlines‚ and Progressive Insurance (discussed later in the book). 6. What are Value-added services and what are the benefits to external customers? Value-added services make the external customer’s life easier and help carry out their particular
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Illustrate the meaning of “Sustainable Competitive Advantage”. What was the main strategy adopted by Southwest Airlines that made it successful in the airline industry? Competitive advantage is a position of a company in a competitive landscape that allows the company earning return on investments higher than the cost of investments. Competitive advantage should be relevant‚ unique and sustainable. Therefore sustainable competitive advantage‚ it’s a long-term competitive advantage that a company
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Kayla Rodney MBA 575 Case 4 Questions The University of Northwestern Ohio Jinjian Garment Factory Motivating Go-Slow Workers Piecework is a suitable form of paying employees in the garment factory‚ however it is not the best form of payment for the Shenzhen factory. The piecework system employed by the factory in Shenzhen was well suited to the nature of the work. Each worker was assigned to a specific job and earned an exact amount derived from the number of finished pieces times the price of that
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1. Eric Brinker of JetBlue noted that the database developed during the crisis had not been needed before since the company had never experienced a meltdown. What are the risks and benefits associated with this approach to IT planning? Provide some examples of each. Answer: In one hand‚ there are a lot of risk associates with the approach of an IT planning. For instance‚ in order to make an IT planning a company may need plenty of well-trained employee which require higher pay. Thus‚ the risk of
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uth-West AirlineA07-05-0006 Southwest Airlines 2005 You are now free to move about the country.™ In 2005‚ Southwest Airlines (Southwest)‚ the once-scrappy underdog in the U.S. airline industry‚ carried more domestic passengers than any other U.S. airline. The company‚ unlike all of its major competitors‚ had been consistently profitable for decades and had weathered recessions‚ energy crises‚ and the September 11 terrorist attacks. In recent years‚ Southwest had become more aggressive with its
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Final Analysis Evaluate and assess the strategic implications of your company’s finances vis-à-vis the other companies in the industry. Are there particular financial results that could impact‚ positively or negatively‚ the company’s ability to compete? How can the company leverage strong financial results or lessen the impact of weak financial results in order to compete successfully? The strategic implications of United Airlines have similarities and differences when comparing them to
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Management 4723 - Strategic Management Fall 2013 INSTRUCTOR: Dr. Lindy Archambeau‚ Visiting Assistant Professor Office: STZ 211H Tel.: 352-392-1734 Fax: Email: lindy.archambeau@warrington.ufl.edu Website: Sakai Office Hours: MW 2:00 to 3:00 PM and by appointment RESOURCES: Required Text: Strategic Management and Competitive Advantage: Concepts and Cases‚ 4nd Edition; Barney and Hesterly Class Materials available at Sakai Site COURSE DESCRIPTION This course focuses on the analysis
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Assignment # 1 Strategic Practice Exercise: (page #81) 1. Score each competitive force in the airline industry and provide a brief rationale for your assessment. · Rivalry Among Existing Firms: (High) When one major company in an industry makes a change in costs or services that could potentially increase their clientele‚ a major competitor almost always follows suit. Price matching is a prime example of that‚ therefore the threat is high. West Jet is one company that offers flights at a discount
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