Southwest Airlines‚ Key Facts: Niche strategy. Concept: Concentrate in underutilized airports 1 type of aircraft fuel-efficient 737 (1994 more that 200 planes) Frequent‚ on-time departures Low cost fares‚ only 2 types of fares per root No seats assigned‚ no meals Point-to-point roots Higher equipment initialization‚ shorter turn-around times Competitive advantage: Cost structure "The workforce is dedicated to the company. They’re Moonies basically. That’s the way
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entrepreneurs in the United Kingdom and worldwide‚ “A business has to be involving‚ it has to be fun and it has to exercise your creative instinct”. In marketing we almost use the four P‘s‚ (product‚ price‚ promotion‚ place)‚ these four P’s represent a convenient way to summarize the main factors involved in any marketing strategy. Often‚ marketing strategy will evaluate a marketing plan in order to implement the strategy decided and meet the business objectives. The purposes of marketing plan is to
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About Emirates On 25th October 1985‚ Emirates flew its first routes out of Dubai with just two aircraft—a leased Boeing 737 and Airbus 300 B4. Then as now‚ our goal was quality‚ not quantity‚ and in the years since taking those first small steps onto the regional travel scene‚ Emirates has evolved into a globally influential travel and tourism conglomerate known the world over for our commitment to the highest standards of quality in every aspect of our business. Though wholly owned by the Government
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Unit 1 – Exploring Business Activity (P4 and M2) Functions are the specialist areas that a business is divided into for example marketing and finance. Tesco Tesco want to expand locally‚ internationally‚ in non-foods and retailing services (Tesco Personal Finance). Tesco’s success depends on people; the people who shop with them and the people who work with them. If their customers like what Tesco offer then they are more likely to come back and shop their again. If the Tesco team find what
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Importance to economy The revenue of international airlines industry has increased from 476 billion USD in 2009 to 567 billion USD in 2011‚ a 9.3% year-on-year increase. This industry employs 56.5 million workers and accounts for US $2.2 trillion of the global GDP. Indian Aviation industry contributes to 0.5% of the India’s GDP and generates 1.7 million jobs. Technological Trends Major cost items for airlines are fuel‚ labour and maintenance. Airlines are able to reduce the cost/increase profit by
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Managing Business Activities to Achieve Results The 1st assignment – Managing Business Activities to Achieve Results Prepared for: Mr. Martin Ortega (BTEC lecturer) Nguyen Trai University‚ Hanoi Submitted: 10/05/2013 Prepare by: Name: Tran Anh Vu Date of birth: 27/01/1992 Course: 2010 – 2014 Sectors Study: Btec Program Student Code: 1050001027 NAME OF STUDENT TRAN ANH VU REGISTRATION NO. 1050001027 UNIT TITLE Unit 15: Managing Business
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1/15/14 P. 3 Why Is Dubai a Rich Country? What makes a country rich? Is it the monetary wealth of the elite‚ the quality of life its citizens have? No‚ it is productive that country is. Dubai‚ an emirate of Arab‚ is mostly associated by being a part of the Gulf‚ which in turn makes people think Dubai got so “rich” because of oil. Dubai owes its wealth to the factors of production it uses to be so productive. Although oil is a natural resource attributed to Dubai‚ it is not the most influential
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BUS 324 Services Marketing Group Assignment 2: Literature Review Emirates Airlines Done By: Sheela Mehta Date: 14/11/2012 Literature Review on Customer Service Management Introduction One among many of the definitions given to customer service by Jay Kandampully (2012) in his book “Service Management: A New Paradigm in Retailing” are “Customer Service is a series of activities designed to enhance the level of customer satisfaction- that is‚ the feeling that a product or
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objectives of business -----‘Accounting is dubbed “language” of business activities conducted by firms as it is used to communicate business transactions per se to all stakeholders’ According to Weygand‚ Kieso and Kimmel (2012‚ p.4)‚ the main purpose of accounting is consists of three basic activities‚ identifying‚ recording and communicating the business events by users. These three activities help the firm to operate the business to make decision be meaningful. Business has
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Airline Industry Introduction The global airline industry has always been an integral part of the world economy due to its major economic force for transportation‚ manufacture‚ technology and other sectors in modern society (Business Vibes‚ 2012). Development of worldwide aviation transportation has meant that the industry has been able to cover virtually every country in the world since 1905. The Airline industry now consists of over 2000 airlines operating more than 23‚000 aircraft that provide
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