in revenues. On the other side Lufthansa has 7 times more passengers and makes 10 times more money in revenues. Putting these two categories into relation shows how company´s size creates numerous benefits‚ particularly financial ones. In 2008 Austrian Airlines had revenue of 233€ per passenger while Lufthansa attained 357€ per passenger. Now it is obvious how size matters and that synergies create great cost-cutting potential and increase profitability. If Lufthansa manages to bring Austrian Airlines
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Political- legal environment is one of the economic environment that its development has strongly impacts on the marketing decisions of the company. The political environment consists of laws‚ government agencies‚ and pressure groups that influence or limit various organizations and individuals in a given society. Each factors of political environment has its own functions and impacts on the economic activities of the industry. The economic systems work best with at least some regulation. When
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Law For exams in 2010 theexpgroup.com ACCA F4 Corporate and Business Law ExPedite Notes Chapter 1 Economic‚ Political and Legal Systems The examiner has stated that in the exam‚ you may be required to: Explain the inter-relationship of economic and political and legal systems (application level). Explain the doctrine of the separation of powers and its impact on the legal system (application level). Differentiate between different types and different systems of law (knowledge level)
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INTRODUCTION Emergency in ordinary parlance means a time of crisis‚ a moment of danger or suspense. A state of emergency therefore is a governmental declaration that recognises the existence of this peculiar situation and takes some necessary actions to restore the peace and governmental stability of the society. During this period‚ the maxim‚ salus populi suprema lex has a special force and to that effect‚ some normal functions of the executive‚ legislative and judicial powers may be suspended.
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_POLITICAL‚ LEGAL AND SOCIAL SITUATION IN VIETNAM TODAY_ After the Vietnam war Vietnam became communist in 1975. Even though a lot has changed since then‚ Vietnam continues to be a communist country today. The politic framework in Vietnam is a single party socialist republic. The communist party is in power today‚ it consist of a 14-member politburo (short for _Political Bureau_‚ executive organization for a number of political parties‚ most notably those of communists)� the members of the politburo
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Political‚ legal and ethical health promotion considerations There are various political considerations involved in health promotion for the patient. The main issue that is seen at the facility that I am located at is the allocation of resources for wound care treatment. It is extremely difficult to provide patients with the supplies needed due to the recent cut backs over the past years in reimbursement from Medicare and Medicaid. Since these cutbacks have taken effect‚ it is very difficult
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Mergers and Acquisitions The Case of Lufthansa and Austrian Airlines Briefing Paper Author: Ines Haitzinger‚ 0753017 Supervision: Dr. Christian Herbst‚ LLM and Dr. Sascha Hödl‚ LMM Date: April 30‚ 2011 11. INTRODUCTION: BRIEF BACKGROUND INFORMATION ON LH AND AUA The Lufthansa Group‚ which is led by its parent company Deutsche Lufthansa AG‚ is a listed company that has more than 400 subsidiaries and affiliates. Approximately 108.200 people work for the Lufthansa Group‚ which registered EUR 22.4
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THE POLITICAL‚ CULTURAL‚ ECONOMIC AND LEGAL/ADMINISTRATIVE FACTORS AFFECTING THE PROCESS AND STRUCTURE OF MASS MEDIA IN KENYA Mass Media provide an arena of debate and a set of channels for making policies‚ candidates‚ relevant facts and ideas more widely known as well as providing politicians‚ interest groups and agents of government with a means of publicity and influence (McQuail‚ 2005). Politico-economic influences on the media Politico-economic factors that affect media include the idea
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Cathay Pacific‚ Lufthansa and Thai Airways p1/19 BBA2 - Marketing 1 – Prof. Taylor Term Paper – SS/02 Cathay Pacific‚ Lufthansa‚ and Thai Airways By Stefan Broda‚ Dennis Damer‚ Suttinee Keawsuwan‚ Yin Tong‚ and Li Xin Table of Contents 1. Introduction ............................................................................................................................ 2 2. About the Three Companies................................................................................
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In order to translate these theoretical assumptions to the practice‚ the Lufthansa Technik AG is advised to implement the following steps: ● Include all subsidiary CEOs in defining the role of subsidiaries in the Lufthansa Technik AG business in order to clarify the status of each autonomy and mitigate the effect of unbalanced level of autonomy of subsidiaries; ● Increase HQ control in the areas
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