Sun Yat-Sen University Strategic Management Professor: Richard Lihua Individual Reflection Date:April 13‚ 2013 Student: Wu Yanfei (12211208) 1 目录 1. Knowledge Reflection ........................................................................ 3 2. Individual Experiences on Strategic Management Reflection ............. 6 3. Future Expectations ........................................................................... 7 2 1. Knowledge Reflection Strategic Management is the
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Ryanair and Virgin Atlantic Both of them are recent creations in airline transport business‚ they started life in competition with major national flag carrier airlines and grew to be major challengers to these established companies. Virgin Atlantic’s air transport business originated in the long-haul‚ mainly transatlantic market which might be highly profitable but is also extremely competitive. It attracts passengers by offering a superior experience and is firmly positioned at the quality
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Macro-environment PESTEL Analysis: Political and legal factors Political issues are very relevant in the airline industry which has been and still is under political influence. This is particularly true in the European Union where Ryanair primarily operates. A recent liberalization act came under the form of the EU-US Open Skies Agreement‚ signed in 2007and which entered into effect on March the 30th 2008‚ which gives the right to US based airlines to operate intra-EU flights‚ while European
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RESOURCE MANAGEMENT SYSTEM(HRMS) A first review report (Submitted by Candidate’s Name ASWANI KUMAR A‚ ROLL NO: 1110MBA1012 Reg No : 68311200362) 1 NEED FOR THE STUDY Researching business technology can be a daunting task and finding a Human Resources Management System (HRMS) that meets the unique needs of your business‚ and offers ease of acceptance by your employees‚ can present a challenge. To begin this process‚ I suggest exploring a Web-based HRMS solution‚ which avoids
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The revolutionary trends of computerization have reached the peaks achieving global goals in all fields and sectors. The HRMS systems getting computerized are leading to a new and innovative way to approach to above said. With the major organizations hosting services of HRMS our project specifically aims to the total computerization of the HRMS. With the total automation of HRMS‚ the manual dependency is minimized to a large extent. It inherits all the properties of computerizing a system which includes
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important for all organizations to maintain a well trained and effective human resource team as it is directly affiliated with the personal policies and practices that influences the workforce. Today we will be focusing on two strategic issues that HRM faces: 2. Merger and acquisition 3. Offshoring 2. MERGERS AND ACQUISITION Mergers typically involves two companies usually smaller scale companies joins arms and becomes one to attain better growth for the company. Acquisition is an action where
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Ryanair was the first budget airline in Europe‚ modeled after the successful U.S. low cost carrier‚ Southwest Airlines. Ryanair is one of the oldest and most successful low-cost airlines in Europe‚ the third largest airline in Europe in terms of number of passenger and the largest in the world in terms of international passengers’ numbers. For this article‚ I had provided the 4 Ps‚ which is Product‚ Price‚ Place‚ and Promotion for Ryanair. PRODUCT Ryanair was a brand for the budget airline
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Threat of Entry Ryanair benefiting from large economies of scale and have massively reduced long run average costs. They have struck deals with Boeing and Airbus for reduced prices (1/3rd of listed price) on 737 aircraft in bulk buying therefore new entrants to the market will not get these reduced prices as they do not hold a similar relationship and they will not be able to order in bulk. Ryanair have struck deals with many local airports over flight paths and air-time‚ Ryanair therefore aren’t
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firm’s Strategy/Environment. What would you change in the operations strategy or service system to increase the potential profitability and/or value to the customer? Company (Service Provider) Chosen: Ryanair Word Count: 3327 Words (not including Cover Page and Bibliography) [pic] Ryanair is an Irish low fares airline (or LCC – Low Cost Carrier) that was founded by Dr. Tony Ryan in 1985 to compete in the Ireland/U.K. travel market. The firm has gone from strength to strength‚ particularly
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Brief introduction to airservice Ryanair Ryanair Holdings was incorporated in 1996 as a holding company for Ryanair Limited. The latter operates an ultra-low cost‚ scheduled-passenger airline serving short-haul‚ point-to-point routes between Ireland‚ the U.K.‚ Continental Europe‚ and Morocco. Incorporated in 1984‚ Ryanair Limited began to introduce a lowfares operating model under a new management team in the early 1990s. See ―Item 5. Operating and Financial Review and Prospect - History
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