MICRO ENVIRONMENT/ INDUSTRY ANALYSIS The environment which is close to business and affects its capacity to work is called micro or operational environment. Industry is a group of companies which offer same or similar product or services. These products and services are close substitutes of each other. It consists of: 1 Suppliers Supplier are the people who supply raw materials and required components to the companies. Increasing prices and reducing the quality of their products are potential
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Air Zimbabwe‚ the major airline of Zimbabwe has been facing perennial losses for the past decade (since 1994)‚ due to various reasons some of which has lead to the highest recorded level of labor turnover in the country (CEO’s report in Zimbabwe Review).This has been owing to factors like poor management from the subordinates and also bad publicity from the region. Also lack of proper and up to date technology has a contributing factor towards the losses. Poor cost cutting strategies Air Zimbabwe
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http://www.craigapanozzo.com/2012/10/16/porters-five-forces-model-the-internet-industry/ Porter’s Five Forces Model – The Internet Industry The following table is an example of the Porter’s Five Forces Model applied to the Global Internet & Services Industry. I explain the industry infrastructure of Internet companies like Google Inc. according to the threat of entrants‚ buyer power‚ threat of substitutes‚ supplier power‚ and rivalry. Threat of New Entrants There is a moderate degree
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Porter’s 5 forces analysis on Air Asia 1. Threat of new Entrants The extent of barriers to entry depends on the strength of: Customer has little brand loyalty. If consumers of Air asia do not have brand loyalty‚ then the strength of the threat of new entrants is very high. The high numbers of competitors in the industry also decrease Air asia’s customer loyalty. Most of the travelers prefer low cost. New competitors which want to come in the industry have to spend little to compete
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long-terms commitments to investments in the environment‚ communities‚ people and partnerships. I. Marketing Environment This is the cluster of outside factors that affects on an organization’s relationship with its targeted market. It includes microenvironment – features related to the company that affect its ability to serve the customer (the company‚ supplier‚ intermediaries‚ customers‚ competitors‚ publics); and macroenvironment – larger forces that have influences the microenvironment (demographic
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NCO ACADEMY SPEECH Let me start by telling you what a great honor it is to be invited to your NCO Academy Graduation Banquet and celebrate your accomplishments with you. On behalf of the Air Force‚ I would like to congratulate all of you on what you have accomplished over the last six weeks. It truly is a time to celebrate. Like the popular television show‚ I consider all of you survivors. While no one has to be voted off each week (although I’m sure some of you think that might
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Company overview: Air Asia After acquiring Air Asia from the Malaysian government in 2002‚ Tony Fernandes completely altered the business model of its previous owners and re-established the company with just 3 air planes. Owing debts of about 11 million U.S‚ this move was very risky; however by offering low cost prices‚ the company was able to attract sufficient travellers. After acquisition‚ 5 years later Air Asia became renowned globally as the least expensive airline in terms of cost per seat
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Study of Air India Ltd & Kingfisher Airlines Ltd Submitted to Dr. B. Shivraj Professor‚ DOSBA‚ UoM Submitted by Mr. Prasad V. Daddikar MBA IV Semester‚ Roll No. 50 Reg. No. 10MBO102 INTRODUCTION Financial distress is a term in Corporate Finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. Sometimes financial distress can lead to bankruptcy. Financial distress is usually associated with some costs to the company; these
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The Sukhoi Su-30MKI [3] (NATO reporting name: Flanker-H) is a variant of the Sukhoi Su-30 jointly-developed by Russia’s Sukhoi Corporation and India’s Hindustan Aeronautics Limited (HAL) for the Indian Air Force (IAF). It is a heavy class‚ long-range air superiority fighter which can also act as a multirole‚ strike fighter aircraft. The development of the variant started after India signed a deal with Russia in 2000 to manufacture 140 Su-30 fighter jets.[4] The first Russian-made Su-30MKI variant
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When I was deciding to separate from the Air Force I was looking for profession in which I could continue to serve and make a difference. So I chose to pursue a career in education. I still get to serve and make a difference just at a different capacity. Instead of being a small part in a much larger machine such as the military‚ I can reinvent my self and make a bigger impact on a more collective group of individuals. When I completed my undergraduate I never thought of becoming a teacher. I always
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