for the Southwest Airlines (LUV NYSE symbol) : Various financial ratios are used by managers and investors to analyze company’s financial health. In this section we describe return on equity analysis to measure the Southwest’s performance. ROE is viewed as one of the most important financial ratios. It is used in an effort to evaluate management’s ability to monitor and control expenses and to earn a profit on resources committed to the business. Three levels of ROE ratios assess Southwest Airlines’
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com/mgmt/scientific/ [Accessed 18 January 2010]. 3. G‚ Briscoe‚ (2008). Administrative management [Online]. Available from: http://www.managers-net.com/administrativemanagement.html [Accessed 14 November 2009]. 8. Organizational Culture‚ (2007). Relationship Between Organizational Structure And Culture [Online]. Available from: http://www.organizationalculture101.com/organization-culture.html [Accessed 18 January 2010]. 9. A Dictionary of Business and Management‚ (2006). Democratic leader [Online]
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What strategies did Southwest Airlines developed earlier to gain market visibility? Southwest Airlines employed many strategies over the years with their fist strategy being ads run in the media. Southwest airlines utilized a number of campaigns including skimpily clad flight hostesses‚ free in-flight alcoholic beverages and a “Love” campaign using the tag line “Now There’s Somebody Else Up There Who Loves You” in an effort to attract passengers. (Leavenworth) Southwest Airlines developed a ground
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CHAPTER 1—ORGANIZATIONAL BEHAVIOR AND OPPORTUNITY MULTIPLE CHOICE 1. The description of an organization as more like a snake pit‚ with daily conflict‚ distress‚ and struggle‚ would come from which level within the organization? a. group level b. organizational level c. individual level d. department level ANS: C PTS: 1 DIF: Moderate REF: p. 3 OBJ: 1 NAT: AACSB Analytic | Group Dynamics TOP: Human Behavior in Organizations MSC: S&E 2. The snake pit metaphor of organization
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Chapter 1 Overview of Organizational Development 1.1 What is Organizational Development? Organization development (OD) is a new term which means a conceptual‚ organization-wide effort to increase an organization’s effectiveness and viability. Warren Bennis has referred to OD as a response to change‚ a complex educational strategy intended to change the beliefs‚ attitudes‚ values‚ and structure of an organization so that it can better adapt to new technologies‚ markets‚ challenges
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Porter’s five forces framework 1. The threat of new entrants. In terms of economies of scale‚ Southwest fleet grew to 537 Boeing 737 aircraft providing service to 64 cities in 32 states throughout the United States‚ with 397 city pairs being served nonstop‚ by the end of 2008‚ thus has reached sufficient economies of scale. And Southwest Airline gains its cost advantage through the implementation of “low-cost strategy”. It not only flew planes point-to-point—short-haul flights bypassing the
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[pic] IIBM Institute of Business Management Semester-1 Examination Paper MM.100 Organizational Behaviour Section A: Objective Type (30 marks) Part one:Multiple choices: 1) Friendship groups are a) Party Groups b) Formal Group c) Evolved informally d) Social Groups Answer: Social Groups 2) Effective communication is the foundation a) Of modern organization b) Of formal organization c) Of Foreign relations d) Of informal organization Answer: Of modern organization
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Organizational Commitment Introduction The organizational structure of a company is the formal composition of the leadership that is involved in task and responsibility that makes it possible for the company’s management to control‚ coordinate and motivate employees for the full realization of a common goal (George & Jones‚ 2005). Every company has a different model of organization even though there are between five to eight organizational
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STRESS AT WORK Introduction | Methods of Coping & Cure | Information | Related Links | Self Help [pic] Symptoms Causes Coping Skills Burnout Stress at work is a relatively new phenomenon of modern lifestyles. The nature of work has gone through drastic changes over the last century and it is still changing at whirlwind speed. They have touched almost all professions‚ starting from an artist to a surgeon‚ or a commercial pilot to a sales executive. With change comes stress
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Question 1 What is attribution theory? What are three determinants of attribution? What are its implications for explaining organizational behaviour? Attribution theory A theory that explains how individuals pinpoint the causes of their own behaviour and that of others. People will believe others actions to be caused by internal or external factors based on three types of information: Distinctiveness‚ Consensus and Consistency. The attributions may not always accurate. For example‚ an executive
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