Health Cruises Homework 1. What is the minimum number of passengers Health Cruises must sign up by November 20th to break even? *Fixed costs = $220‚000 (Ship rental and crew) + $65‚000(initial advertisement expense) +$10‚000(administrative expense) = $295000 *Contribution per unit = $1500 -$200 = $1300 *Breakeven point (in units)= 295000/1300 = 226.92 : At least 227 passengers should sign up for Health Cruises by November 20th.
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large share of the industry’s output or sales‚ it is a consolidated industry. The type of competition in fragmented industries is generally very different from that in consolidated industries. A consolidated (concentrated) industry‚ like the cruise industry‚ typically has a more attractive industry structure‚ though the nature and extent of competition in consolidated industries is hard to predict. Such industries typically exhibit high entry barriers‚ differentiated products‚ established brand
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Princess Cruises 24305 Town Center Drive Santa Clarita‚ CA 91355 April 22‚ 2014 Mrs. Erica Evander 2408 Fairview Road Costa Mesa‚ CA 92629 Dear Mrs. Evander‚ Thank you for taking the time to write us about your concerns regarding receiving a full refund for the Diamond Princess cruise you were on. We at Princess Cruises pride ourselves on offering customers the best possible service and accommodations. Princess Cruises understands and apologizes for the disappointment caused by missing
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Carnival Cruises enjoyed a pretty good run prior to the September 11‚ 2001 terrorist attacks. The company held 32% of the overall market‚ making it the largest cruise line in the world. As a result of the terrorist attacks cruise lines were forced to offer deep discount‚ which hand an impact on the bottom line. Bookings were down along with profit. This scenario was all too familiar to Carnival Cruises. In the beginning Carnival had struggled‚ but begin to gain popularity‚ by appealing to
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CRUISE CONTROL DEVICE INTRODUCTION Everyday the media brings us horrible news on road accidents. Once a report said that the damaged property and other costs may equal 3 % of the world’s gross domestic product. The concept of assisting driver in longitudinal vehicle control to avoid collisions has been a major focal point of research at many automobile companies and research organizations. The idea of driver assistance was started with the ‘cruise control devices’ first appeared in 1970’s
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Cruise to The Bahamas During my junior year in high school me‚ my mom and some of her friends went on a cruise to the Bahamas. It was a three day cruise leaving Miami going to Nassau‚ Bahamas which is their capital. It was a Thursday night in May 2008 and we had a flight to catch to Miami. Even though the boat didn’t leave till the next day in the afternoon‚ it was best to get there early in case you missed your flight because most cruises aren’t refundable. We ending up flying to Fort Lauderdale
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The Future of Cruise Industry Abstract Cruise industry has rapidly developing since 1990s; it becomes not only as transportation tool‚ but a modern way of travel and even lifestyle. It is regarded as ‘floating resorts’. This journal article focuses on the future development of cruising industry. It examines cruise industry on five main factors: the structure of the industry: high concentration and enter of Low-Cost cruise lines; the potential customers: whether aging population or young generation
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Department of Hotel‚ Service and Tourism Studies (HoSTS) Sustainable Tourism Management (TOU4006) Tutorial 6 – Group Project Literature Searching Seminar Objective Research of articles and reports related to the topic of study Draw some key points with reference to the articles and reports collected Write a list of references In-class Exercise Task 1: Work with your project group to research at least 3 articles / reports / book chapters related to the topic of study and selected destination.
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ABSTRACT In 2002‚ the biding war between Carnival and Royal Caribbean Cruise Line for the Princess Cruise Line ended. Carnival’s bid of %5.67 billion was accepted by Princess’s management‚ the war had lasted for almost a year‚ Princess had 11.9% market share and Carnival had 31.9% - a potential market share of 53.8%. After the terrorist attack on New York City and Washington‚ D.C. on September 11‚ 2001‚ customers for cruises dropped out of the market. The 2002 bookings were down 9%. Everyone
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1. How do you value the importance of human relations onboard cruise ships? Answers: I value the importance of human relations because it will help to work accurately and no excuses. Human relations is very important to the people who work in cruise ships because there are a lot of nationalities working on board and you need to have a good relationship to them. If you have good relationships to them you will gain a respect to them and you need to respect them to respect you as a people. Good human
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