which was Jetstar. Firstly we sought to understand the marketplace and the customer needs and wants. We decided that Jetstar’s market was the low cost airline offering very low cost flights in Australia and abroad. The customers in that market are really after the cheapest flight possible while realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the lowest cost flight‚ secondary to that is service. Jetstar are targeting
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providing low fare flights to meet the demands of flyers. Power of supplier of Jetstar is considered to be low. There are two main inputs to the airline industry; aviation fuel and airplanes. Since aviation fuel is a commodity‚ which prices are largely determined by the market forces and geo-political forces (Sundaresan‚ n.d.)‚ it can be said that the suppliers do not have much of a control over the prices put out to Jetstar. With regard to the supply of airplanes‚ there are currently two manufacturers
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where Qantas focuses at the premium and business market while Jet star focuses on leisure markets. Jet star aims to have the lowest fare on every route that operates among its competitors. (Ref- http://www.jetstar.com/mediacentre/facts-and-stats/jetstar-group). Whilst Virgin Blue announced the commencement in November 1999‚ and in 2004 it has become one of the world’s most profitable airlines with one third of Australian market (ref------ http://www.theage.com.au/articles/2004/05/21/1085120117445
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Definition and Categories Qantas Group Qantas Group Jetstar Jetstar Jetstar Australia Jetstar Australia Jetstar Asia Jetstar Asia Jetstar NZ Jetstar NZ Jetstar Pacific Jetstar Pacific For our marketing plan‚ we’ll focus on Jetstar Australia domestic operation. Product Category | Key Product | % of Revenue | Short Haul | JetStar Domestic | 57 | Long Haul | JetStar International | 43 | Customer Definition Jetstar is a low cost carrier that caters for people on a limited
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Tangible and Intangible Assets Jennifer Geolfos July 19‚ 2012 ACC291 Mary Larsen Tangible and Intangible Assets Tangible and intangible assets include everything listed under total assets on the balance sheet. “Assets consist of resources a business owns‚” (Kimmel‚ Weygandt‚ & Kieso‚ 2010‚ p. 12). Tangible assets would include land‚ land improvements‚ buildings‚ and equipment. These types of asset would be classified as fixed assets. “Intangible assets are rights‚ privileges‚ and
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Analysis Jetstar Airways Proprietary Limited are a completely owned subsidiary of the Qantas Group‚ they operate across 19 different Australian destinations‚ and 17 overseas destinations. They were established in May 2004. Jetstar’s fleet across Australia and New Zealand is made up of 80 aircraft. Their focus is on providing a low-cost or “value based” airline‚ and commit to doing so by ensuring a “price beat guarantee” where‚ if challenged‚ they pledge to beat rival airlines by 10% (JetStar‚ 2015)
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Working in-groups may sometimes be time-consuming and unproductive‚ but there are also some tangible and intangible rewards that we benefit from. When you think of tangible rewards‚ you think of something you can see and feel. In a group environment‚ tangible rewards like merchandise and travel‚ the target group has the opportunity to see them and feel them and therefore form an emotional attachment to them. Cash awards do not provide the long-lasting effects of merchandise since cash awards are
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Contents INTRODUCTION 2 DRIVING THE TUI 2 EARLY WORK 2 FAVORABLE FACTORS 3 INSIDE THE TUI 3 THE TECHNOLOGY 4 GETTING PHYSICAL 4 BENEFITS 4 FUTURE 5 Reference 5 TANGIBLE USER INTERFACE INTRODUCTION Researcher are always looking for new and better ways for users to interact with computing and communications technology‚ to make the process easier‚ as well as more satisfying‚ engaging‚ and effective. Because of this‚ interfaces—including punch card and paper tape readers‚
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Week Five Team Assignment: Tangible Property Rights Jo Darling‚ Mark Plenty‚ Chantile Smith‚ Chante Strickland LAW/531 April 15‚ 2013 David Cheatham‚ J. D. Week Five Team Assignment: Tangible Property Rights Tangible property is property that is seen and touched outside of fixtures (University of Phoenix‚ 2010).” Tangible property includes physically defined property such as goods‚ animals‚ minerals “(University of Phoenix 2010). The laws in the United States of America provides property
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something that tends to stimulate or spur individual or group action. A reward is something tangible or intangible that is given to an individual or group for a service. Rewards are given for one of two reasons: (1) outstanding performance of assigned duties and tasks‚ or (2) unique contributions to the organization either job-related or non-job-related (Tracey‚ 1999). Tangible and Intangible Rewards Tangible rewards (money‚ treats‚ certificates‚ extra privileges‚ etc.) are external ways of motivating
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