Business Studies Preliminary Assessment Task Business Report for QANTAS 1. Executive Summary: The main focus of this report is to identify the legal classification‚ the characteristics‚ the life cycle stage of Qantas and one internal and external stakeholder that is affected by the activates of Qantas. The legal classification describes that Qantas is a public company and has changed its legal classification in the growth and maturity stages of the business life cycle. The characteristics of Qantas
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(source: http://en.wikipedia.org/wiki/2011_Qantas_trade_union_disputes) * Analyzing the reasons for Qantas strike and evaluating Qantas management’s performances. * Fair salary e.g. i. Pilot—compare to Qantas airline pilots‚ pilots of Jetstar airline are paid less than 50% . ii. Qantas plans to lay off 1000 jobs in order to solve the problem of being loss in the international airline; however‚ it gave the CEO a bonus as 2 million. iii. Why it is unfair.( give the reason) (source:http://www
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------------------------------------------------- Computer reservations system A computer reservations system or central reservation system[1] (CRS) is a computerized system used to store and retrieve information and conduct transactions related to air travel. Originally designed and operated by airlines‚ CRSes were later extended for the use of travel agencies. Major CRS operations that book and sell tickets for multiple airlines are known as global distribution systems (GDS). Airlines have divested
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services across a network of 182 destinations in 44 countries covering all over the world with approximately 35‚700 employees with 93 per cent of them based within Australia. The Qantas group also offers subsidiary businesses such as budget airlines‚ Jetstar‚ and other businesses in specialist services: Qantas Catering and Qantas Holidays (Qantas‚ 2010). “Our vision is to be one of Australia’s great businesses and among the world’s great airline groups” says Qantas Chief Executive Officer Alan Joyce”Qantas
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The product comparison between Network Carriers and Low Cost Carriers and forecasting the future market trends and global competition in airline industry The deregulation in United Stated (US) since 1978 caused the emergence of new airline business models which are dynamic and competitive. The negotiation is less restrictive air services agreements contributed the explosion of new entrants with innovative business models entering the market. This phenomenon spread to Europe called
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------------------------------------------------- Top of Form Low-cost carriers: growth expectations After a decade of rapid development‚ low-cost carriers in mature markets are now having to expand their horizons‚ both demographically and by geography‚ to keep their foot on the accelerator Financial results for low-cost carriers over the past 12 months show the sector underlining its continued profitability credentials. After coming out of the 2009 meltdown relatively unscathed compared with
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PLEASE do not share with too many people‚ I took this down for my group and am allowing only a FEW others to see this. QUESTIONS Lecture 4 1. The major actors in the organization’s microenvironment are: 1. the company‚ state government‚ competitors and customers‚ 2. the company‚ competitors ‚ customers and intermediaries (correct) 3. the company‚ competitors‚ state government‚ customers‚ and media 4. the company‚ competitors‚ customers and media. 1. Demography
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on many situational factors such as seasonality‚ business or leisure purposes and so forth. In Australia‚ the same notion holds in terms of new entrants to the marketplace. Major players in the Australian Airline network include Qantas‚ Virgin and Jetstar. In terms of threat of substitutes‚ the risk level here is medium-high. Many forms of substitute exist to air travel including travel by sea‚ light rail and car. These often are less expensive options and require less pre-planning. However‚ switching
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Company Case AirAsia: The Sky’s the Limit Low-cost carriers (LCCs) provide an alternative for price-sensitive business and leisure travelers to maintain their travel plans at lower cost. AirAsia‚ Asia’s leading airline‚ was established with the dream of making air travel possible for everyone and it is now one of the world’s best low-cost airlines. AirAsia was the first airline in Asia to introduce the budget‚ nofrills airline concept. It was founded in 2001 by CEO Tony Fernandes and this
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Version 1.0 Strengths‚ Weaknesses‚ Opportunities and Threats Analysis for AirAsia 1.0 Strengths Ø Air Asia has a very strong management team with strong links with governments and airline industry leaders. This is partly contributed by the diverse background of the executive management teams which consists of industry experts and ex-top government officials. For example‚ Shin Corp (formerly owned by the family of former Thai Prime Minister - Thaksin Shinawatra) holds a 50% stake in Thai AirAsia
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