Thursday, October 17, 2019
Hoffman Essay Example | Topics and Well Written Essays - 250 words
Hoffman - Essay Example may be broadly defined as any articulate course of action either physical or otherwise, taken by a person or a group of persons who are dissatisfied by various issues in the society. The articulated course of action mostly aims at causing wreck and havoc to express dissatisfaction. However, terrorism is synonymous with leadership and politics where terrorists react violently in response to issues within government or leadership. Actions of terror qualify as terrorism whether the course action causes harm or not. The actions still qualify as terrorism whether the course of action was legitimate or not. Certainly, terrorism has changed dramatically with time. Terrorism was first taken positively as a medium of change from bad governance. It was seen as revolution and was synonymous with democracy and virtue (Hoffman 3). It then changed to ââ¬Å"propaganda by deedâ⬠(Hoffman 5) whereby wholesome bloodshed targeted to specific groups or communities that failed to follow the conventional ways of terror perpetrators. It then changed to assassination and kidnapping of political leaders or their close relatives within the society who failed to address requirements and demands of extremist groups (Hoffman 11). Terrorism then changed to target of inanimate objects such as important, monumental, and valuable buildings. Terrorism also changed to religious based terror actions in response to unaddressed religious issues. However, a combination of these transitions has also been
Tourism Operation Management Essay Example | Topics and Well Written Essays - 2000 words
Tourism Operation Management - Essay Example An attempt has been made in this paper to investigate two key challenges relating to management and operations - capacity building, and quality of services - and to make suitable recommendations concerning the possible measures to overcome these challenges. Tourism has emerged as a major business activity world wide. The World Travel and Tourism Council (WTTC) reported that tourism operations generated revenues totalling US$4421 billion in the year 2002. According to the Council's estimated projections, tourism business will grow to over US$8614 billion by the year 2012, registered an annual growth rate of 4.5% in global demand (Page, 2003, p. 2). The Council also reported that tourism accounted for almost 8% of employment worldwide, which translates to one in 13 jobs. In the year 2002, tourism-related jobs totalled a whopping 198 098 000 jobs, and according to Page (2003), this is expected to touch the magical figure of 249 486 000 by the year 2012. Stephen Page (2003) noted: "The late twentieth century and the new millennium have witnessed the continued growth of interest in how people spend their leisure and non-work time." Leisure pursuits and holiday tours are increasingly becoming a major non-work activity for millions of people across the globe. This growing interest to travel and holiday has now come to be recognised as a truly international phenomenon, or 'tourism' that motivates people to use their leisure time to visit different localities, landmarks, places and destinations across the globe. Added to this is the growing demand for tours and travels relating to specialized events, such as seasonal pilgrimages to holy sites and shrines. Among the latter, Mecca stands out as perhaps the single biggest spot the world over in terms of the number of tourists and pilgrims that flock to this holy city. Growing Profile of Global Tourism There has been a phenomenal growth in the demand for air travel since the 1960s. According to Page (2003, p. 144), the global airline industry carried 1600 million passengers (many of them tourists) to and from 10,000 airports, with 18,000 aircraft in the skies in the year 1998. Air traffic demand in Europe alone stood at 541 million passengers, and is expected to touch the 1101 million figure by the year 2015. With steadily increasing demand, several carriers and tour operators have even commissioned their own charter planes to woo tourists and to boost their tourism business. Boeing even evolved a hub-and-spokes services facility with point-to-point flight services. According to estimates, Hajj pilgrims to Mecca alone totalled the one million mark every year (2003). Among several reasons for this stupendous growth in tourism operations, the Air Transport Action Group (ATAG), a lobby group in the aviation sector, cited mainly five factors (2003, p. 3): A major downslide in the real cost of a travel Increasing activities in international trade and economic deals that call for frequent
Wednesday, October 16, 2019
Annotated Bibliography Assignment Example | Topics and Well Written Essays - 750 words - 1
Annotated Bibliography - Assignment Example This makes the amount of medicine and their effect in patients more difficult to monitor. A study to determine if warfarin is safe was conducted in 25 nursing homes. Patients INR value was âⰠ¥ 4.5 and suffered no damage, but there was an error in warfarin management. The errors mostly occurred at prescription and observation stages in warfarin management. Observation errors include inadequate laboratory tests to check warfarin level leading to delay response to high INR levels. Prescription error was mostly in dosage in respect to INR levels and drugs interaction. To avoid such instances, there should be frequent communication between nurses and doctors. According to Wu et al. (2011), there should also be upgrading of information technology to incorporate a modern computerized provider order entry program with clinical decision support in nursing homes and hospitals (p.160). This information helps to know the information technology needed to improve monitoring of warfarin therapy in patients leading to better warfarin management. Guidelines and Protocols Advisory Committee - Warfarin Therapy Management. (n.d.). Guidelines and Protocols Advisory Committee - Warfarin Therapy Management. Retrieved August 11, 2014, from http://www.bcguidelines.ca/guideline_warfarin_management.html. This report was written by physicians and is intended for other physicians. The guidelines given in this report focuses on management warfarin therapy in patients within an office setup. In this report guideline is given on how to begin administering warfarin, on international normalized ratio (INR) and dosage. It is written that before starting warfarin treatment one should consider various reasons why it should not be used. Warfarin should not be used; if the patient has severe or active bleeding diathesis, if the patient has some doses not taken or taken incorrectly, if the patient
Tuesday, October 15, 2019
Tourism Operation Management Essay Example | Topics and Well Written Essays - 2000 words
Tourism Operation Management - Essay Example An attempt has been made in this paper to investigate two key challenges relating to management and operations - capacity building, and quality of services - and to make suitable recommendations concerning the possible measures to overcome these challenges. Tourism has emerged as a major business activity world wide. The World Travel and Tourism Council (WTTC) reported that tourism operations generated revenues totalling US$4421 billion in the year 2002. According to the Council's estimated projections, tourism business will grow to over US$8614 billion by the year 2012, registered an annual growth rate of 4.5% in global demand (Page, 2003, p. 2). The Council also reported that tourism accounted for almost 8% of employment worldwide, which translates to one in 13 jobs. In the year 2002, tourism-related jobs totalled a whopping 198 098 000 jobs, and according to Page (2003), this is expected to touch the magical figure of 249 486 000 by the year 2012. Stephen Page (2003) noted: "The late twentieth century and the new millennium have witnessed the continued growth of interest in how people spend their leisure and non-work time." Leisure pursuits and holiday tours are increasingly becoming a major non-work activity for millions of people across the globe. This growing interest to travel and holiday has now come to be recognised as a truly international phenomenon, or 'tourism' that motivates people to use their leisure time to visit different localities, landmarks, places and destinations across the globe. Added to this is the growing demand for tours and travels relating to specialized events, such as seasonal pilgrimages to holy sites and shrines. Among the latter, Mecca stands out as perhaps the single biggest spot the world over in terms of the number of tourists and pilgrims that flock to this holy city. Growing Profile of Global Tourism There has been a phenomenal growth in the demand for air travel since the 1960s. According to Page (2003, p. 144), the global airline industry carried 1600 million passengers (many of them tourists) to and from 10,000 airports, with 18,000 aircraft in the skies in the year 1998. Air traffic demand in Europe alone stood at 541 million passengers, and is expected to touch the 1101 million figure by the year 2015. With steadily increasing demand, several carriers and tour operators have even commissioned their own charter planes to woo tourists and to boost their tourism business. Boeing even evolved a hub-and-spokes services facility with point-to-point flight services. According to estimates, Hajj pilgrims to Mecca alone totalled the one million mark every year (2003). Among several reasons for this stupendous growth in tourism operations, the Air Transport Action Group (ATAG), a lobby group in the aviation sector, cited mainly five factors (2003, p. 3): A major downslide in the real cost of a travel Increasing activities in international trade and economic deals that call for frequent
Vulnerability Assessment Essay Example for Free
Vulnerability Assessment Essay The importance and criticality of water for the existence, continuity, safety and comfort of human existence has remained acknowledged since the beginning of human life. Different generations and civilizations have tried in various ways to harness it for diverse purposes, for sustenance, transportation, human safety, irrigation, power generation, and industry. While previous civilizations were content with settling near water sources, or in areas with greater rainfall, advances in technology and increases in population, have led (a) to the emergence of issues like urbanization, sanitation, control of waterborne diseases, water treatment, depletion, conservation, and reuse, (b) to the extensive study of water resources and water cycles, and (c) to the formulation and implementation of various actions to ensure its appropriate use for human comfort and development. Recent decades have seen the development of issues like widespread asphalting and concreting in urban areas, sharply increased demands for water on a global basis, increased contamination of naturally available water, disturbances in water cycles because of pollution and global warming, and terrorist threats aimed at contaminating or damaging water storage and supply systems. Water supply, and its availability for human usage, has thus become increasingly vulnerable to diverse forces, forcing administrations and decision makers to respond with short and long term strategies to reduce water vulnerability, now and in the future. Objective The three county region of Palm Beach, Broward, and Miami-Dade, in Southern Florida, represents one such area in the United States where rapid urbanization, increasing population and significant increases in water consumption have led to increased water vulnerability and to carefully thought out and constructed responses by administrators and policymakers to counter this development, both in the short and long term. This assignment aims to study, assess and analyze the issue on the basis of the following requirements, parameters and assumptions: â⬠¢ Identification of supply and demand factors that, at present, define and affect water supply for specified tri county region on the basis of research. â⬠¢ Identification and assessment of the natural and manmade hazards that can currently affect water supplies in the three counties. â⬠¢ Forecasting of the likely environment, and identification of water supply and demand issues after 60 years, i. e. , in 2067, considering that (a) half the existing square footage of impervious surface is added every 30 years, (b) another 50% of the existing footage is remodeled every 30 years, and, the annual population grows at the rate of 1. 5% annually. â⬠¢ Identification of measures to (a) mitigate adverse impacts to water supply and (b) to adapt buildings to the projected realities of 2067, on the basis of a comparative assessment of water supply vulnerability in 2007 and 2067. The research effort depends primarily upon material available on the subject by way of texts, journals, and magazines, in electronic and print format, as well as on official and other websites. All information sources are available in the bibliography. The assignment is structured into sections that deal with issues sequentially and thus enable progression of ideas and cohesion of thought. 2. Current Demand and Supply Factors that define and affect Water Supply in the Palm Beach, Broward, and Miami-Dade counties of Southern Florida. The Tri County area in Southern Florida lies in the southeastern tip of the United States, the peninsular finger like landmass that stretches into the oceans, bounded by the Atlantic on the east and the Gulf of Mexico on the west. Apart from its unique, practically tropical ecosystem, the Tri County area is well known for its diverse ethnic structure, its agricultural produce, its burgeoning population, its rapid urbanization, and its sophisticated and controlled water management system. All these factors, ecological and anthropogenic, have led to opposing environmental stresses, burgeoning demand, and a complex and vulnerable water supply situation. (Blake) a. Demand Demand factors have thus been governed by burgeoning population, increased demand for agricultural water, greater use of recreational facilities, and increased industrial demand. Demand for water has increased significantly during the last four decades. The population of the tri county area has increased from about 3500 in 1900 to more than five and a half million in 2006, making it one of the most densely inhabited areas of the USA. This sharp growth in population is due, apart from migration from other states and organic growth of local population, to significant immigration influx, which, in turn has led to a multi ethnic and multicultural demographic structure. The present population of 5. 5 million consists of 1. 29 million people living in Palm Beach, 2. 4 million in Miami-Dade, and 1. 79 million in Broward. The population is a mix of white, African American, Hispanic, Native American, and Asian ethnicity, the continuous expansion occurring because of agricultural development and expansion in the early and middle years of the 20th century, its substitution by industry and mining, and extensive urbanization. Water is needed for municipal, agricultural, recreational, industrial, and power generation needs. Usage of water in the Tri County increased, by about 250%, between 1965 and 2000, i. e. , from 875 to 2140 Mgal/day. (Impact of Anthropogenic Development on Coastal Ground-Water Hydrology in Southeastern Florida, 1900-2000) b. Supply Supply of water in the Tri County area is met in approximately proportions by surficial aquifer and ground water systems. Ground water is the principal source of municipal supply and is obtained from numerous well fields. Water for agricultural purposes comes largely from surface sources in Palm Beach and Miami Dade, and while its requirement had steadily increased until the late 80s, has since declined because of substitution. Freshwater in the Tri County is limited in quantity and is of inadequate quality. Groundwater has been subjected to surface contamination and by underground saltwater incursion. Some wells are near landfills, treatment plants, and contaminated sites, and are thus vulnerable to increasing contamination. Some areas still rely upon septic tank sanitation and private wells, both of which can cause public health problems. The Tri County area is characterized by high evapotranspiration, periodic floods and droughts, and infrequent hurricanes. Annual precipitation is between 50 to 62 inches. (Thomas) The Tri County and contiguous areas have had to suffer the development of a controlled water management system, aimed at using land for urbanization and agriculture, and comprising of a widespread system of ââ¬Å"canals, levees, impoundments, surface-water control structures, and numerous municipal well fields, â⬠¦ used to sustain the present-day Everglades hydrologic system, prevent overland flow from moving eastward and flooding urban and agricultural areas, maintain water levels to prevent saltwater intrusion, and provide â⬠¦ adequate water supply. â⬠(Impact of Anthropogenic Development on Coastal Ground-Water Hydrology in Southeastern Florida, 1900-2000) Fast increasing population and rapid urbanization has led to the development of unprecedented urbanization, with consequent asphalting and concreting of vast tracts of land. In an area dependent upon potable water ground wells for most of its fresh water resource, this has resulted in depletion of surface and intermediate aquifers, because of the forced routing of rainwater, unable to penetrate impervious concretized and asphalted surfaces, through runoffs and drains, into the seas. (Blake) 3. Identification and Assessment of Natural and Anthropogenic Hazards that can Currently Affect Water Supplies in the Tri County Area. Natural hazards in the area can arise from periodic floods and droughts. In fact, a drought like situation in 2007 has resulted in restriction of water supplies. Palm Beach and Broward are under Phase III water restrictions, with stipulations that outdoor watering should not occur more than once a week, whereas Miami-Dade is under a Phase II restriction. Hurricanes also occur but are reasonably infrequent. The area has seen massive human intervention for a number of decades, resulting in wide ranging changes to the ecosystem and the development of potentially hazardous situations. Population growth and urbanization have led to changes in the coastal hydrology of the surficial aquifer system. The construction of a complex water management system, involving drainage facilities, large well fields, and levees, along with widespread concretization, has led to the depletion of aquifers and can result in exacerbation of drought like conditions. The population explosion has put enormous stress on sanitation and water treatment facilities, and there is significant risk of drinking contamination where people still depend upon private wells, especially in areas where septic tanks are still in use. Runoffs from urbanized areas have introduced high level of phosphorus, nitrogen and other contaminants in water bodies, which can certainly pose health hazards if not tackled adequately. These pollutants, along with salt water intrusions can threaten the quality of groundwater, and in fact, have forced new well digging to move westwards, away from the sea. Ecological damage to existing flora and fauna and to the natural ecosystem has been extensive, resulting in (a) loss and damage of the water from the natural system due to discharge and seepage, (b) drop in wading bird populations, (c) infestation of land with exotic invasive plants and (d) the development of thousands of contaminated (brownfield) sites. (Thomas) Continuous population expansion, currently pegged at 1. 8% annually can also result in further pressure on water supply to the three counties. 4. Forecasting of Situation in 2067 on the basis of Assumptions provided in the Objectives listed in Section 1. The situation in 2067, sixty years from now, is unpredictable because of the largely unknown consequences of global warming and its effect upon annual precipitation, the periodicity of droughts and floods, temperature fluctuations, and the occurrence of hurricanes. Recent disasters like the Tsunami and Katrina have driven home the point that uncertainties in weather and geological behavior are going to become more pronounced, and while predictability is going to be difficult, implementation of early action warning systems could help in mitigating extensive damage to life and property. Projections need to be made upon the basis of certain assumptions, and in the Tri County area depend mainly upon population growth. While the average population growth in the past in this region has averaged 1. 8% annually, the forecasted growth of 1. 5% per annum would lead to the following population figures for the Tri County.
Monday, October 14, 2019
Strategic Management Issues in Low Cost Airlines
Strategic Management Issues in Low Cost Airlines Low cost airlines have been a trend nowadays anywhere in the world. There are many airlines that have adopted this strategy and have become more successful because of this. The low cost airlines have the advantage over the premium airlines due to the fact that they will never get their costs to a point where they can make a profit at low fares in bigger markets. Among these low cost airlines that are in existence nowadays is Ryan air. The Irish airline company Ryan air is the first low-cost, no-frills European airline to have any impact. Ryan air started operations in July 1985, flying between Waterford in the southeast of Ireland and Londons Gatwick airport. Three brothers, Catlan, Declan and Shane Ryan were the founding shareholders of Ryan air, which was set up to offer low-cost no-frills services between Ireland and London. Now, Ryan air, with its rapid growth occupied a most sought position in its own field, being Britains favourite airline. Ryan air currently has a team of more than 7,000 people and expects to carry approximately 73 million passengers in fiscal year 2010/11. 1.3 Current Strategic Positions: To evaluate any organisations strategic position certain factors have to be assessed. These include those below and also the environmental analysis which follows later in the report. 1.3.1 Market Segmentation: Ryan air lay claim to their market segment by stating they were Europes first no frills airline, www.ryanair.com. Ryanair have made strategic decisions based on increasing their competitive edge, the main one becoming involved in attracting customers at both ends of their routes. Haberberg and Rieple (2001), support this by showing that Ryanairs key source of revenue from as far back as a decade ago has been in enticing passengers from France, Italy and Scandinavia. This has had the advantage of increasing their market share as well as the added bonus of creating a well recognised brand name across Europe. 1.3.2 Prescriptive, Emergent or Something Unique? A prescriptive corporate strategy is one where the objective has been defined in advance and the main elements have been developed before the strategy commencesà ¢Ã¢â ¬Ã ¦.an emergent corporate strategy is one whose final objective is unclear and whose elements are developed during the course of its life, as the strategy proceeds. Lynch (2000) As is shown above by Lynch (2000) the two recognised strategy models are extremely different, however these are the two dominant strategy approaches as stated by Dennis Foster in his lecture on Managing Strategic Change (2006). It is safe to recognise straight away that Ryanair does not sit uniformly with either strategy. However certain aspects or functions could certainly adhere to one or the other as these are sections that make up the carrier as a whole and for an organisation of Ryanairs size different parts would have different aims and objectives underneath a main umbrella strategy for the organisation. For example any planning undertaken by Ryanair for new routes or planes would follow the prescriptive model as the objective would have been defined beforehand and elements such as finance will have had to have been agreed before any purchasing goes ahead. On the other hand emergent strategies may be in place for things like training and development where elements can be discovered along the way for example if an issue arose where staff needed more health and safety training then the training programme could be redirected. Ryanair, as already stated, follows neither strategic approach religiously and possesses a strategy unique to their organisation, which has identified their needs and objectives. However their approach to strategic management isnt unique in itself as the majority of organisations will tailor strategies to suit their business own individuality. 1.3.3 Competitive Advantages: Their main competitors are carriers including Easy Jet, BMIbaby, Fly Be and Thomson Fly all of who try to attract potential customers by emphasising their low cost tickets. This makes the competition in this market segment fierce as in order to offer the lowest fares, costs must also be kept to a minimum. Ryanair continues to be the lowest cost airline in Europe. The firm manages to maintain its cost leadership despite the presence of other low cost airlines in Europe. The source of competitive advantage of the company is its ability to drive down costs to sustain low fares while at the same time remains profitable. This is done through: Fleet Commonality The airlines fleet is made up of Boeing 737, the most common aircraft being flown in the present. Because of fleet commonality the firm is able to cut on costs in obtaining spares and maintenance services. Contracting Out of Services Other than Dublin Airport where the firm maintains its staff and services, Ryanair contracts out aircraft handling, ticketing, baggage handling and other functions to third parties. The firm is able to obtain competitive rates and multi-year contracts at fixed prices, limiting exposure to cost increases. Third party service outsourcing also limits Ryanairs direct exposure to employee relations responsibilities and potential disputes. Airport Charges and Route Policy Airport charges include landing fees, passenger loading fees, aircraft parking fees and noise surcharges. In order to reduce these fees, the firm avoids congested main airports and chooses secondary and regional airport destinations which are very interested in increasing passenger throughput. Staff Costs and Productivity In order to control employee compensation costs, the firm implements a performance related pay structure. Although the company provides lower labor costs, the employees can earn additional pay or remuneration base on their performance. Marketing Costs In order to reduce marketing costs, the firm cut its rate commission to travel agents. The firms main advertisement tools are newspapers, radio, television and its company website. 2.0 External analysis: For success within the airline industry, an awareness of the external environment is essential. This section aims to highlight the position of the industry, in particular looking at competitors and assessing Ryans capability to meet current and future challenges. 2.1 PESTLE Analysis In Pestle analysis we investigate macro external factors for companies, which are very important for identify their strategies. There are 6-core elements of Pestle analysis. These are Political, Economical, Social, Technological, Legal and Environmental options. We can examine these factors in the airline industry to realize Ryanairs future external threats and opportunities. PESTEL Factor Key Points Implications for RYAN Political Heavy regulation (AEA, 2009). Compliance is essential if Ryan wants to continue operations. Increased security due to past terrorist threats (DFT, 2008). Sufficient security measures should be in place to ensure consumer confidence and competitive advantage is maintained. Economic Global economic crisis:World growth is projected to just over 2à percent in 2009 (IMF, 2008). Pound weakens especially against the Euro. Possible reduction in the amount of business travel as companies are cutting costs and using alternative means of communication such as teleconferencing. Oil prices: declined by 50 % since their peak retreating to 2007 levels. Decline in fuel price = strengthening of the dollar (IMF, 2008) Fluctuations in oil prices and exchange rates will directly affect Ryans cost base. UK consumer spending saw its sharpest decline for 13 years between July and September 2008 (Channel 4, 2008). More intense competition Social The UK has an aging population (see appendix 3) (National Statistics Online, 2008). Potential opportunity for growth as older generations havemore time to spend on leisure activities such as international travel. Increasing unemployment (Kollewe and Sager, 2008). Increased bargaining power as an employer. Technological A recent survey revealed that 34% of online consumers plan to use price-comparison sites more in 2009 (NMA, 2009). Increased consumer awareness and therefore bargaining power. Online booking services and check-in is becoming increasingly used by the airline industry. Ryan must ensure that they remain up to date with these technological advances whilst avoiding becoming overly reliant, as this may isolate certain consumer markets (i.e the elderly) who dont feel comfortable using such technology. Environmental/Ethical Noise pollution controls,and energy consumption controls (DFT, 2008). New legislation (e.g. Climate Change Bill) enforcing tighter environmental regulation may increase operational costs each year. Limited land and for growing airports Expansion is difficult at Heathrow as it would result in a loss in the Londons Green belt area. (BBC News 2006) Limited capacity=>utilisation of capacity. Consumers are becoming increasingly green and more aware of the environmental impact of their actions. Failure to adopt an integrated environmental strategy could lead to a detrimental effect on the Ryans reputation and income. Cancellations of flights and loss of baggage (Channel 4, 2008). Such ethical issues could have a detrimental effect on reputation if left unresolved. Legal Recognition of trade unions and industrial action e.g. Cabin Crew strikes. Good employee relations are essential if Ryan wants to avoid industrial action and interrupted operations. Open Skies Agreement (AEA, 2009) Opportunity for Ryan and its competitors to freely transport aircraft between the EU and US. There is a cruel competition in airline industry. Especially, after credit crunch in 2008 the competition has become crueler. Companies have to fight with recession also and in this economic situation we can see lots of threats in sector. If you reverse these threats to the opportunities you will be one step further in the competition. Ryanair is the most suitable company to gain advantages from todays world. With this assignment we answered the questions, which frequently asking for their future strategy and their positions of the future competition. Thats why; they have started to corporate social responsibilities. 2.2 Porters Five Forces Before starting to write analysis of the Ryanair based on Porters five forces I should write some special information about Ryanair or all low cost airlines. The main characteristics of these companies are designed for reducing costs. Because it is obvious that the most competitive maybe just one- side of them is their low fares. For Ryanair, their aircrafts seat density is very high and they prefer just one aircraft types (Boeing 737-800). All of their bookings are via Internet so they earn huge amount of money because of no sales commissions. They havent got any frills such as free food or havent got any air-mile promotions. They always prefer secondary airports. Actually these all I mentioned above are had mentioned at their S.W.O.T. analysis in strengths part. In my opinion we can use every single detail from S.W.O.T. analysis of Ryanair when we are writing about Porters Five Forces analysis of it. This analysis has five-core element. These are 1. Bargaining Power of Suppliers 2. New Entrants 3. Threat of Substitutes 4. Competitive Rivalry 5. Bargaining Power of Customers Bargaining Power of Customers Ryanair customers are highly price sensitive. It is very easy to change their airline and it is not related to high cost. In this century customers knowledge about the cost of service is high and there is no customer loyalty for Ryanair. Even though there is no customer loyalty, bargaining power of customers is low. Ryanair is the cheapest airline for all Europe destinations and customers are -especially in recession times- highly price sensitive. New Entrants It is very hard to be new in airline industry. There are lots of barriers to entry. You should take the flight authorizations. The capital that you will invest in this sector is very high. It is also hard to take a place current competition and also hard to find suitable airports for your flights. In my opinion in short time period there will not be any threats of new entrants against Ryanair even though some existing companies are changing their strategy and reducing their ticket price (Lufthansa). Threat of Substitutes As I mentioned before there is not any brand loyalty of customers and Ryanair preferred customer relationship is not-close relationship. If their customers find better way to travel they will not feel any hesitation to chose it. So the threat of direct and indirect substitutes is very high and the most important point is there are no switching costs for the customers. Competitive Rivalry The market is highly competitive. Most of Ryanairs cost advantages can be copied immediately. In Europe it seems like there is an agreement between Ryanair and Easyjet about not to compete head to head. However if any company does decide to compete on the same basis as Ryanair it will be highly crucial for Ryanair. There will be heavy pressure on prices, margins, and hence on profitability. 2.3 Bowmans Strategy Clock Bowman created his Strategy Clock in The Essence of Competitive Strategy book. With this strategic model he illustrates companys competitive position in comparison with their rivals. For him the real advantage of companies being achieved cost and differentiation. His strategy clock has 8 options. First two options are about the low price. First option is totally low cost low added value but the second option totally about to be a cost leader without caring its value. Second option has the risk of price war and low margin. Third option is a hybrid option. Mainly the low cost but not the lowest price. The most important difference between second and the third option is in third option reinvestment in differentiation. Fourth option is about differentiation. For option five the biggest difference is the differentiation is highly focused. It perceived added value to a particular segment warranting a premium price. Rests of the options are failure options. At option six the price is increased but the value is standard. Option seven is worse than option six. In option seven you can see increased price with low values. It is only feasible in monopoly situation. Last option is option 8, which is the cause loss of market share. Because your low value has a standard price. Ryanair had dramatic changes during last decade period time and this was flabbergasted its competitors. Their profitability rose within a short period of time. Their low-fares strategy without frills and punctuality in flight service helped their high profitability period and it brought a significant value on the growth. The high level competition needs efficient strategy to gain advantages and at the same time high profit. In different times we can put Ryanairs strategy in different options in Bowmans Strategy Clock. But all of them can be placed between options 1 to 5. Their strategy never placed in failure part of Bowmans clock. Mainly, in these days Ryanair place in the clock is between options 1-2, which is mainly about low price. We can easily realize Ryanair is the best example for this option. If they can secure their price and gives higher valued service they can easily take a place option three and they will be strongest company in the competition. In my opinion, hybrid strategy is the most preferable strategy in the clock that is why Virgin Airlines prefer this option. If Ryanair updates their lowest price strategy with a standard service they easily will be the strongest company in the competition. 3.0 SWOT Analysis: Strengths Ryanair has been known as Europes first low-cost, no-frills airline brand.This fact alone credits is the companys strongest selling point. Ryanair started in year 1985 with only 57 staff members and with one 15-seater turboprop plane from the south of east of Ireland to London-Gatwick which carried 5000 passengers on one route. In 1986, inspired from the story of David and Goliath the company go after the big guys for a slice of the action and end up smashing the Aer Lingus or British Airways high fare cartel on the Dublin-London route. From therein, Ryanairs lower fares offering increased their market share rapidly resulting to the establishment of low-cost subsidiaries of established airline companies such as British Airlines and KLM. The low-cost, no-frills strategy resulted to a rapid increase of customers and expansion of their operations, wherein the staff increased from mere 57 to 3, 400 staff members and almost 35 million passengers. In terms of operations, the EU air transport deregulation allowed the airline for the first time to open up new routes to Continental Europe with over 3 million passengers on 18 routes carried in 1997. Ryanair also launched services to Stockholm, Oslo, Paris and Brussels and took time out to float Ryanair Holdings plc on Dublin and NASDAQ Stock exchanges. The company was awarded as Airline of the Year in 1999 by the Irish Air Transport Users Committee. In 2001, while almost all traditional airline companies suffered from losses and stiff competition, Ryanair, being a low-cost airline became more than merely profitable by recording 26 percent in operating margins results that the former only dreams about. In June of the following year, Ryanair made a market capitalization amounting to 4.9 billion euro ($4.82 billion), breaking the records of 45 percent more than the mighty British Airways that has 20 times larger in terms of revenue. Ryanair possesses the sophisticated and able technology that can cater to the fast changing global marketing management trends. It has core competence in its use of information technology that can support its management and marketing operations. Thus, adding to its innovations in service providing among the wide range of clientele. Its IT supports competent procurement of services (e.g. bookings and ticketing) in e-marketing or online aspect. After establishing its website in January 2000, it became one of the busiest sites in the country with 14 million impressions a month. The booking in their web accounts have increased to 94% which has probably has something to do with opening another 26 routes. In year 2003, the company is characterized by rapid expansion and the start the year by announcing that the company has ordered an additional 100 new Boeing 737-800 series aircraft to facilitate the rapid European growth plans. The company is named as the most popular airline on the web i n 2004 by Google. The company has also passed out British Airways to become the UKs favorite airline in United Kingdom and throughout Europe. In sum, Ryanairs strengths rest on the companys commitment to low fares, deep-seated management, and willingness to address managerial challenges and marketing trends (e.g. competition, expansion, and IT solutions). Weaknesses Despite of the increase of passengers, the company is not so good in managing cost that the company has lose its money. At the moment, there have been urgent and deliberate mechanisms that were implemented to address such weakness. Such cost reduction strategy relies on five main aspects like fleet commonality, contracting out services, airport charges and route policies, managed staff costs and productivity and managed marketing costs. Ryanair, in spite of its strategies has other problems that serve as weaknesses too. One of the problems is in terms of handling customers or target market. Reports say that Ryanair accumulates hidden taxes and other fees, restricted customer services, and deceiving advertisements. In addition, another problem is assuring quality service. According to the result of poll conducted by BBC involving air travelers in 2003, 56 percent of respondents claimed that the airline caused them the biggest headaches in terms of services and customers. Also, in 2007 Irelands Commission for Aviation Regulation recorded a total of 60 percent of all complaints accumulated by the commission. There has been significant number of bad publicity for the company, thus, creating a negative impression to the airline brand. The company is faced with different unsolved issues because of lack of strategic decision making in several areas of human resources particularly in relation to trade union policies. Opportunities With the management system of the company and the strengths that it has, Ryanair has bigger opportunities to still dominate and catch up with the competition in the European airline industry in terms of providing more quality service standard and at the same time preserving it low-cost no-frills strategy to its clients or even have an opportunity to be the number one airline company in the whole region after its eventual application of its proposed plans in the future. Another opportunity that can be attached to the company is it would gain more customers if they would be able to determine the latest trends in airline management and marketing to meet the demands of their target market. The continuous initiatives of the company in diversification of its revenue resources also open new opportunities to make the business become stronger to outgrow all its rival companies. Such opportunities will include e-business development by strategic alliances as well as suppliers, leveraging the c ompanys investment in the World Class Customer Satisfaction Systems, and other business opportunities in both non-core and core areas. Threats Operating in the most competitive marketplace especially European airline industry, Ryanair is faced with the inevitable threat of stiff competition. For a company to succeed in global competition there is a continuous plan to develop new products with higher quality than its competitors. New product and new business development must be highly effective and efficient, however that alone will not ensure its competitiveness. The expansion of its operations to other areas means adjusting to the trade policies and political problems of the locality. The dynamic needs and demands of customers served to be a challenge to the management. Furthermore, consumer behaviour and satisfaction with regards to the product/service procurement is also a risk. If the company will continue to be a vertically integrated corporation, the company may fail in terms of management ability. The division of the company may tend to have internal complexity. Additionally, fast paced technological advancement may be a threat to Ryanair as a whole. In terms of the competitors, the company should be able to provide unique and more technologically advanced services to be able to survive in the competition in the world airline industry. Future Strategy and Recommendations Mergers and Acquisitions Mergers and acquisitions have become one of the most important corporate-level strategies in the new millennium. Merger and acquisition strategies are important to firm growth and success in the 21st century. As Ryanair continues to grow it is expected that the company will acquire other companies such as Buzz, in order to improve its capabilities and acquire more competitive advantage. Strategic Human Resource Management Ryanair, in its commitment to low-cost airfare have sacrificed its processes and services. The human resources of the company are not seen as a potential source of competitive advantage. The company do not seem to value its people. There is a growing belief that a companys human resources is the most important source of competitive advantage. Human resources or the companys people are one source of sustainable competitive advantage. In a fast-changing environment where technological innovations and other strategies can be copied, it is the human resources that bring a sustainable competitive advantage. Marketing Plan Strategies Ryanair should has a detailed plan for its strategic moves in the market and be able to provide good customer services to the customers like by having discounted flights and value promotion to keep the competitive advantage at a stable mode within its competitors and will need to focus more on the core competencies that allow Ryanair to practically and wisely designs suitable airline operations within the bracket of their marketing network services in a market standard-based perspective. Ryanair need to be goal oriented and must not stop to rejuvenate and change their marketing plan strategies from time to time in order to re-invent the performance process upon the upgrading of rules and regulations mandated by the state. Ryanair is to overcome the lack of product differentiation and increase it that will have the ability to revive revenue generation. Operational Effectiveness It is then recommended that Ryanair should outsources as many non-core functions as possible that may abandon peripheral services such as catering or ground handling services and can be required to perform such activities as external specialist companies defined to be independent profit centers. Recommendation Based on above analysis, it is recommended that Ryanair consider the expansion in to haul markets specially the transatlantic routes which accounts for more than 60% of worlds air travel. By moving in to this new market with its low fare strategy coupled with added service options the company can utilize its existing business with introducing complementary goods and services via its web site its also recommended as this will allow the company to further reduce its cost base per unit of customer.
Sunday, October 13, 2019
Cynthia Ozickââ¬â¢s story Envy or, Yiddish in America Essay -- Cynthia Ozi
"Envy": Cynthiz Ozick Meets Melanie Klein Cynthia Ozickââ¬â¢s story ââ¬Å"Envy; or, Yiddish in Americaâ⬠shows the corrosive effects of envy on the life of the lonely, aging Yiddish poet Edelshtein. Edelshtein is consumed with envy of Ostrover, a famous Yiddish novelist known from English translations of his stories. He feels that Ostrover has both cuckolded him and bested him in literary success. Edelshtein believes he could become as famous as Ostover if he too had a translator into English. Without the translator, he fears his poems will die along with him and the dying Yiddish language. The story seems to illustrate the psychological insights of Melanie Klein about the unconscious mechanisms behind envy: ââ¬Å"I consider that envy is an oral-sadistic and anal-sadistic expression of destructive impulses, operative from the beginning of life. . .â⬠(Klein, ix). So long as Edelshtein operates out of envy, he will remain caught in a vicious cycle, in an infantile, self-destructive state, thwarted in his attempts to love or to be creative. He will continue to feel persecuted by Ostrover, which is really a form of internal persecution. As Klein says, ââ¬Å"When this occurs, the good object is felt to be lost, and with it inner securityâ⬠( 84). ââ¬Å"Envy,â⬠which is included in Ozickââ¬â¢s 1969 collection, The Pagan Rabbi, is reminiscent of Bellowââ¬â¢s Herzog (1965). Both are profound psychological anatomies, detailed dissections of a single suffering character, a victim who is nevertheless in many ways his own worst enemy. Both stories are delicately poised between the comic and the tragic. Both protagonists are intellectuals who rail against the ââ¬Å"Wasteland outlookâ⬠and defend Jewish humanism. Herzog rejects ââ¬Å"the commonplaces of the Wastela... ...at least two peopleâ⬠(Klein 6). Tragedy occurs in the realm of oedipal conflict, but the envious person never reaches that stage and thus never really grows up. Works Cited Bellow, Saul. Herzog. 1965; New York: Viking, 1976. Cohen, Sarah Blacher. Cynthia Ozickââ¬â¢s Comic Art: From Levity to Liturgy. Bloomington: Indiana University Press, 1994. Kauvar, Elaine M. Cynthia Ozickââ¬â¢s Fiction: Tradition and Invention. Bloomington: Indiana University Press, 1993. Klein, Melanie. Envy and Gratitude: A Study of Unconscious Sources. NY: Basic Books, 1957. Lowin, Joseph. Cynthia Ozick. Boston: Twayne, 1988. Ozick, Cynthia. ââ¬Å"Envy; or, Yiddish in America.â⬠Jewish American Stories. Ed. Irving Howe. New York: New American Library, 1977: 129-77. Strandberg, Victor. Greek Mind/Jewish Soul: The Conflicted Art of Cynthia Ozick. Madison: University of Wisconsin Press, 1994.
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