Business strategy in transport Essay Example | Topics and Well Written Essays - 2250 words

Business strategy in transport - Essay Example In this context, it can be observed that the economic recession alike many other industries had affected airline industry as well. It can also be observed that apart from a number of benefits prevalent in the EU for starting a new airline service provider, there are certain difficulties that requires to be considered such as uncertain economic scenario, credit crunch, fluctuating fuel price and unpredictable environmental and climatic conditions. Due to these uncertainties, a few full-service airlines in the EU had suffered losses. Despite these certain hindrances the growth prospects which have been observed in the EU region has opened up opportunities for low cost service providers such as Ryan Air and EasyJet. In the EU there is a tremendous prospect of improvement in travel and tourism sector which will provide added growth prospect for a new airline service provider. Low cost operators can make the most of the existing and prospective scenario to leverage benefit out of it (Case Study, n.d.). Therefore, it can be observed that in the existing scenario in the EU, the low-cost operators are being able to earn profits for the shareholders. In this context, the research paper intends to critically examine the prospects of an entrepreneur who endeavours to set up a low cost scheduled airline within the EU. The route that has been selected is between London and Amsterdam. It is identified to be one of the most popular routes on a worldwide basis (Patrikarakos, 2009). The research paper will subsequently attempt to analyse the existing business environment to identify potential barriers to the intended business venture. Critical Analysis of the Business Prospect The intended business venture of the optimistic entrepreneur is towards starting a new low-cost scheduled airline service. From the provided case study, it can be observed that in the present economic context (post-recessionary period), there is a substantial growth prospect for establishing business in t he new venture. It can also be identified that in the present context, in the EU region, there are certain obstacles and losses faced by full service carrier due to few prevailing conditions. Therefore, the most promising growth prospect that can be identified is for the low-cost service carriers. The intended business venture can be started in not only the EU but also throughout the world i.e. Amsterdam to London route, which can be one of the most growth prospect oriented routes According to the intention of the entrepreneur, the new scheduled service will provide low-cost airline service in this particular route only at the inception. It can also be stated that the demand for service is at the optimum level in this route. Thus, a new service has tremendous opportunity to acquire benefits out of the growth prospect which can be from business travellers as well as leisure travellers who are likely to use the services provided by the new low-cost scheduled airline service (Patrikara kos, 2009). The two airports that can be selected for the scheduled airline service are Amsterdam Airport Schiphol, which is the prime international airport of the Netherlands, and Heathrow Airport of London, which is one of the busiest airports in not only the UK but also in the world (ACI World, 2011). In this context, it can be identified that the Amsterdam Airport Schiphol is situated mere 14 km outside the city of Amsterdam. The

Identify a contract issued by the City of Chicago in 2013, briefly Essay

Identify a contract issued by the City of Chicago in 2013, briefly - Essay Example The company delves into the programmatic and operational difficulties that government agencies experience and assist in finding for solutions to such difficulties. Bronner Group was issued this contract on May 20th, 2013. The contract was to offer target business financial consulting services on compliance audits in the department of procurement services (City of Chicago 1-4). The Chicago City issued Bronner Group two contracts in 2013. These contracts were contract numbers 28193 and 27778. Bronner Group Company was awarded 140, 000 US dollars for Contract 28193 (City of Chicago 1). However, contract 27778 was a contract that depended upon requirements. A contract that depends upon conditions is a contract with unspecified quantities of services or goods in which the City of Chicago places orders when need arises. City of Chicago. City of Chicago Economic Disclosure Statement and Affidavit Related to Contract/Amendment/Solicitation. Chicago: City of Chicago,  2014. Web. 29  Mar.  2014.

The Annandale Booth Restaurant Case Study Example | Topics and Well Written Essays - 1250 words

The Annandale Booth Restaurant - Case Study Example It is the duty of a chef or head cook to appoint and train prep persons and dishwashers (Bradach, 1997). Moreover, a chef or head cook is also responsible for the equipments, menu and also for the buying supplies as well. One chef is adequate for Brooks. The kitchen staff the kitchen staff of a restaurant may comprise of the following persons, such as, bread and pastry baker, vegetable, fry or a sauce chef. Moreover, each chef or cook is assigned with a specific task and has a specific job designation as well. Brooks needs at least 3 kitchen staff which can support the head chef. Kitchen workers the kitchen workers are assigned with the following tasks, such as, go after pots and pans, sit and strain soups and sauces and also to weigh and measure the ingredients as well. Moreover, they are also required to clean, peel, and slice vegetables and fruits and also to prepare salads as well. Waiter/waitress – the waiter or the waitresses in a particular restaurant are equired to perform following task, such as, serve food adn beverages, prpeare itemized chekcs and also to take customers orders as well. Moreover, they are aslo required to ensure that the person who comes to purchase alcohol or tobacco products are not under age. Brooks needs at least 4 of them on a shifting basis. Dishwasher – a dishwasher is required to supply pans, pots, utensils and aslo to clean the dishes as well. Moreover, they may also require to clean the kitchen and remove the garbage as well. In this regard, two dishwashers would be optimum for the Brooks. This method for employee selection could be highly helpful for brooks as they can recruit experienced employees for their new office and can havea headstart for their new office. Internal sourcing involves issuing an advertisement which can allow employees to have an idea regarding an available position in the organization, for which they can send their job applications. Internal sourcing has been the most common and

Cross cultural language differences Assignment Example | Topics and Well Written Essays - 1000 words

Cross cultural language differences - Assignment Example It is the aim of this essay to assess the types of curricular and related activities that can be used to increase awareness of cross-cultural language differences among teachers and among children. In the American schooling system, the percentage of white teachers is by a large degree greater than that of teachers from ethnic minorities. In most cases, this leads to less interaction among teachers from diverse ethnic backgrounds. However, in urban schools, the interaction between these teachers becomes increasingly common, attributable to the multiculturalism of urban areas. Sometimes, the teachers may not know how to treat their colleagues who are from different cultural groups and who speak different languages. As a way of bridging the cultural differences, teachers should use some aspects of the curriculum to familiarize themselves with different cultures. For example, teachers can hold discussions amongst themselves and review how different their histories are, while also acknowl edging the similarities in their cultures. Teachers with ability to speak multiple languages should also act as bridges and translate information for their colleagues. Teachers may also engage in other activities such as giving each other cultural souvenirs to facilitate cultural awareness and interaction. Once teachers are able to exist harmoniously with each other despite their cultural and language differences, it then becomes easier to teach learners who speak different languages and who have different cultural origins. The curriculum should be one of the tools used to promote cultural and lingual differences among learners. A good curriculum is one which emphasizes on the benefits of cultural diversity and teaches learners to embrace their cultural and language differences. For example, the curriculum should ensure that learners are taught different histories, languages and cultures. This type of education teaches learners to respect each other’s culture and shun racism and discrimination. According to Hill the classroom should be treated like a public place, where slurry comments should not be entertained lest such comments end up hurting an individual’s pride and identity (201). As Hill states, it is the responsibility of a censurer to ensure that speakers do not make racist or culturally offensive statements all in the name of â€Å"light talk† (203). In the school setting, this role of censorship should be taken up by the teacher. By treating all cultures with respect, the teacher acts as a role model for students to do the same. In designing the curriculum, experts should be very careful in choosing the most appropriate language of instruction, bearing in mind the diverse cultures represented by learners. The language of instruction according to Fought plays a key role in the educational development of a child (185). Although the instructional or standard language in most schools is English, the teacher should enhance learner und erstanding by asking students to give the equivalents in their native language or mother tongue, of words used in the instructional language. However, the use of coded language and slang should be discouraged from the school setting. The use of slang African-American slang sometimes brings about conflicts. The same goes for coded language where for example, American children know that whenever an English word contains the Spanish â€Å"

Leadership and Management Module Case Study Example | Topics and Well Written Essays - 4000 words

Leadership and Management Module - Case Study Example Ryanair's first cabin crew recruits had to be less than 5ft. 2ins. tall in order that they were able to operate in the tiny cabin of the aircraft! As proclaimed on its website, Ryanair was Europe's original low fares airline and is still Europe's largest low fares carrier. In the current year, Ryanair will carry over 35million passengers on 288 low fare routes across 21 European countries. With 12 European bases and a fleet of over 100 brand new Boeing 737-800 aircraft and with firm orders for a further 125 new aircraft, delivered over the next seven years, Ryanair is ready for an awesome takeoff. These additional aircraft will allow Ryanair to double in size to over 70 million passengers per annum by 2012 recording stupendous growth. Ryanair currently employs a team of 2,700 people, comprising over 25 different nationalities. Ryanair continuous to clock record passenger growth [Appendix 1] Ryanair's CEO, Michael O'Leary, has a vision of a world where the fare could drop to nothing, as local communities would subsidize the airline to bring a steady traffic of business people and tourists to their region. Rather than blending its low fares with some emotional benefits, Ryanair packs its brand with functional benefits such as punctuality and efficiency. In Ryanair's words "At Ryanair, we guarantee you the lowest fares on the Internet. However, our success is due -- not just to our low fares -- but also a winning combination of our No.1 on-time record, our friendly and efficient people and our new Boeing 737-800 series aircraft". Mission Statement A successful example of a European no frills airline is Ryanair. It was established based on the assumption that the demands for short-haul air transport are price elastic. That means, if prices for flights are reduced, it is more appealing and therefore more people will fly. Ryanair strives to sell tickets at the lowest prices possible but at the same time promotes the fact that it is an on-time high frequency flyer. Ryanair does not offer any frills. It is not in the business to offer luxury flying experience or gourmet in-flight meals or a memorable flight. Its mission is to offer flights that cater to mass transportation and simply a 'point-to-point air service' to its customers. It promises just that and offers nothing more. Business model Traditionally airlines based their assumptions on the fact that airline traffic grows in line with the economy and are catered towards the more affluent and that cutting prices will only lead to a decrease in revenues. With the introduction of the 'no-nonsense' concept to the European market, after its deregulation in 1992, Ryanair has been proved right repeatedly in its revolutionary concept. While traditional airlines used the hub-and-spoke methodology to fly, Ryanair introduced the point-to-point method of flying reducing waste enormously. Ryanair has expanded phenomenally in its size and

Doing business globally and internationally (ARR) Essay

Doing business globally and internationally (ARR) - Essay Example .. 14 Appendices †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦... 16 Part A 1. With reference to the academic literature and using your analysis of relevant environmental factors, speculate how and why BP identified AAR as a potential ‘partner’. In which areas are the expected benefits and synergies for both companies involved? BP and ARR met in March 2003 to establish a joint venture having the equal proportion i.e. 50-50% in the oil and gas sector of Russia (Sylvia, 2011). TNK and Sidanco were the target companies of this joint venture. BP i.e. British Petroleum is one of the most renowned oil and gas exploration based companies which is running many sub divisions under various different forms across the globe. The other party to the joint venture is ARR which is a consortium developed by some richest investor groups of Russia namely as Alfa Group, Acce ss Industries and Renova. This joint venture was quite important for both BP and AAR as both these firms had their own unique expertise due to which they could exploit the synergy effect if they could work together as a combined entity. There were numerous environmental factors associated with both the companies due to which both of these companies became indispensible for each other. Following are some of the factors due to which BP identified AAR as its partner under this joint venture: 1. ... In such case, BP preferred AAR, a private consortium but with billions of dollars in their pockets to safeguard the interest of TNK-BP. 2. Local knowledge and working relations with government Another important reason for the selection of ARR by BP is local knowledge, expertise, industry practices, and cultural awareness of ARR being a rich investor group of Russia, which could help TNK-BP easier than BP. In order to meet any confrontation with the Russian government, AAR can manage this situation in a better and efficient manner than that of BP because of maintaining appropriate level of working relations with their government, local community and other environmental stakeholders. Expected Benefits and Synergies TNK-BP is such a joint venture that could not only provide major benefits and synergies to both BP and AAR but also to Russian government. Being a multi-national company, BP has the ultimate expertise, knowledge and business skills in the massive field of oil and gas explora tion, refining, marketing, and retail business. The exposure, that BP carries with itself is unmatchable and allow other participants to use such expertise for their benefits. With the entry of BP into Russian oil and gas sector, Russia itself got an enormous opportunity to upgrade and develop its energy sector (Yenikeyeff, 2011). However, due to mismanagement and lack of government’s interest, BP could not avail those facilities, which it was realizing at initial projections. The joint venture TNK-BP benefitted from the synergy effect of the combination of BP and ARR. BP is world market leader in the field of oil and gas whereas AAR is consortium of the richest investors of Russia. The

Business strategy in transport Essay Example | Topics and Well Written Essays - 2250 words

Business strategy in transport - Essay Example In this context, it can be observed that the economic recession alike many other industries had affected airline industry as well. It can also be observed that apart from a number of benefits prevalent in the EU for starting a new airline service provider, there are certain difficulties that requires to be considered such as uncertain economic scenario, credit crunch, fluctuating fuel price and unpredictable environmental and climatic conditions. Due to these uncertainties, a few full-service airlines in the EU had suffered losses. Despite these certain hindrances the growth prospects which have been observed in the EU region has opened up opportunities for low cost service providers such as Ryan Air and EasyJet. In the EU there is a tremendous prospect of improvement in travel and tourism sector which will provide added growth prospect for a new airline service provider. Low cost operators can make the most of the existing and prospective scenario to leverage benefit out of it (Case Study, n.d.). Therefore, it can be observed that in the existing scenario in the EU, the low-cost operators are being able to earn profits for the shareholders. In this context, the research paper intends to critically examine the prospects of an entrepreneur who endeavours to set up a low cost scheduled airline within the EU. The route that has been selected is between London and Amsterdam. It is identified to be one of the most popular routes on a worldwide basis (Patrikarakos, 2009). The research paper will subsequently attempt to analyse the existing business environment to identify potential barriers to the intended business venture. Critical Analysis of the Business Prospect The intended business venture of the optimistic entrepreneur is towards starting a new low-cost scheduled airline service. From the provided case study, it can be observed that in the present economic context (post-recessionary period), there is a substantial growth prospect for establishing business in t he new venture. It can also be identified that in the present context, in the EU region, there are certain obstacles and losses faced by full service carrier due to few prevailing conditions. Therefore, the most promising growth prospect that can be identified is for the low-cost service carriers. The intended business venture can be started in not only the EU but also throughout the world i.e. Amsterdam to London route, which can be one of the most growth prospect oriented routes According to the intention of the entrepreneur, the new scheduled service will provide low-cost airline service in this particular route only at the inception. It can also be stated that the demand for service is at the optimum level in this route. Thus, a new service has tremendous opportunity to acquire benefits out of the growth prospect which can be from business travellers as well as leisure travellers who are likely to use the services provided by the new low-cost scheduled airline service (Patrikara kos, 2009). The two airports that can be selected for the scheduled airline service are Amsterdam Airport Schiphol, which is the prime international airport of the Netherlands, and Heathrow Airport of London, which is one of the busiest airports in not only the UK but also in the world (ACI World, 2011). In this context, it can be identified that the Amsterdam Airport Schiphol is situated mere 14 km outside the city of Amsterdam. The