...STRATEGIC MANAGEMENT (EBS5103) CASE STUDY INSTRUCTOR: Dr. Ahmet Beşkese BAHÇEŞEHİR UNIVERSITY May 2015 1. INTRODUCTION This report is based on strategic analysis of JetBlue from it’s the establishment date to year 2003. In order to the analysis, a precise strategy is decided upon for JetBlue Company. 2. HISTORY David Neeleman was born in Brazil, Sao Paulo in 16 October 1959. He attended the University of Utah for three years then he dropped out university and served a mission for The Church of Jesus Christ of Latter-day Saints in Rio de Janeiro, Brazil for two years. He made his beginning in establishing own business by renting out condominiums in Hawaii. Then he established his own travel agency and began chartering flights from Salt Lake City to the islands. He was co-founder with June Morris of charter airline Morris Air, a low-fare airline. From 1984 to 1988, he was an Executive Vice President of Morris Air. From 1988 to 1994, he was the President of Morris Air Corporation. In 1993, Morris Air was then acquired by Southwest Airlines for $129 million. For 5 years, he worked on the Executive Planning Committee at Southwest Airlines. By 1994, he left Southwest Airlines after signing a five year noncompeting agreement. With his experience of aviation, he established a company named Open Skies which a touch screen airline reservation and check-in systems company that acquired by Hewlett Packard in 1999. At the same time, acted as a consultant to another start-up...
Words: 4041 - Pages: 17
...Control is a comprehensive system that helps an organization safeguard assets, operate efficiently and effectively, ensure proper reporting of financial information, and to be in compliance with any and all applicable laws and regulations. (Kemp, Waybright) (2010) (pg.296) In order to have an effective Internal Control System five key elements must be present. The five key elements required are: 1. Control Environment 2. Risk Assessment 3. Control Activities 4. Information and Communication 5. Monitoring and Internal Control Limitations CONTROL ENVIRONMENT: The Control Environment sets the tone of an organization, providing discipline and structure. The oversight of operational activities and the ability to make key business decisions should be clearly outlined in the individual job descriptions. All employees should be expected to be competent to a broad range of professional skills which are common in any position in the organization, regardless of role. Management should be setting the tone for ethics within a business so that employees will follow. And last but not least, all employees should receive ongoing training to ensure they are competent and stay competent for the future success of the business. RISK ASSESMENT: To have effective risk assessment, a Policy and Procedure team should be assembled. The teams’ role would be to review the existing control environment, identify any potential risks and come up with...
Words: 1037 - Pages: 5
...Risk Management Principles CMGT/430 INTRODUCTION Riordan Manufacturing is a company that is commited to handling their business in an ethical and logical manner. In order to provide the proper risk management plan for the company there needs to be a conference with all of management and stakeholders to get an oversight on the company and what it needs for mitigation control and risk management. The company needs to reconsider getting input from internal auditors, external auditors and outsources. Management will also need to get all of the department heads and key people together to discuss all of the initial assessments of the risk management capabilities and how effective it can be on the network/system. This assessment will be able to decide rather to have or continue with a more in tune risk management plan. There is also the need to discuss how to make the plan stronger for the company and how the analysts should focus on the risk management mitigation for Riordan manufacturing. Risk Management Principles Riordan Manufacturing is a corporation that is consistent of many different businesses. This new plan that needs to be implemented will help each business to deal with and handle their everyday risks and teach them how to make the proper decisions on what can or could be done. In order for this new plan to be implemented, eack business will have to be able to weigh out the risks with the strategies and be able to know and choose the proper decision when responding...
Words: 1084 - Pages: 5
...LSBM and state advantages and disadvantages of training methods, used in this institution. Also this report is going to focus on planning and development of training event for students in order to increase the learning abilities and provide benefits for the studies in general. The final part of the report is going to look at the government’s influence on training, development and lifelong learning in the UK, it is influences on private and public sector and on the level of various organizations. Task1 The focus of the presentation was on assessment of various learning styles and the possible contributions for a person in the workplace. Most of individuals have various learning styles which are attributed to them, however they also share common attributes amongst each other. As a definition learning style means an incorporation of variety of learning methods and involves different educational methods. Another important aspect of learning style is an actual type of personality of the learner. This combined with leaning methods forms a personal learning style. There are a number of assessment methods to identify leaning style attributed to particular person. In the presentation two of such methods were mentioned. First of all it was...
Words: 3299 - Pages: 14
...OF CONTENTS TABLE OF CONTENTS………………………………………………………………………2 INTRODUCTION……………………………………………………………………………...3 ORGANIZATION ANALYSIS ……………………………………………….........................3 VISSION………………………………………………………………………………………..4 MISSION……………………………………………………………………………………….4 SALARY AND BENEFITS COMPARISON………………………………………………….5 CHART 1A……………………………………………………………………………………..6 INTERNAL ASSESSMENT…………………………………………………………………...7 EXTERNAL ASSESSMENT…………………………………………………………………..9 CONCLUSION………...……………………………………………………………………….9 REFERENCES………………………………………………………………………………...10 CHARTS/ATTACHMENTS………………………………………………………………11-15 INTRODUCTION: Mechanical construction is a career field that is physically demanding and also quite interesting. Within a Mechanical construction company, there are several different types of workers and employees. A key component of mechanical construction is the boilermakers. First, a boilermaker is union or non-union work. Union or non-union work is based on the company for which the boilermaker works for. Also, there are many different zones for which boilermakers can be a part of based on the type of training they have completed. In this report it will focus on Union Zone One Journeyman Boilermaker in Indianapolis, Indiana. The local for which Union Zone One Journeyman Boilermakers are a part of is Local 374. This type of boilermaker is the most common. This report will show pay and benefits for this type of boilermaker, and how they compare to other Indiana Union Boilermakers...
Words: 2117 - Pages: 9
...key responsibility. The marketing plan can be divided into two general parts: the situation analysis, which analyzes the background of the market for the product, and the objectives, strategy and programs based on the background analysis that direct the product manager’s actions. MARKETING PLAN A marketing plan is a written document containing the guidelines for the business center’s marketing programs and allocations over the planning period. Give life to a marketing plan = business plan (CEO) Marketing plan= Chief Marketing Officer. One-year time framework (mostly). Short states and implements. At the end, check and asses. Kotler (NOT MORE than 15 pages). Straight to the topic, NOT wide. What you need and how to get there. * Written document: not something stored in a product manager’s head. It provides a vehicle for communications between functional areas of the firm. It pinpoints responsibility for achieving results by a specified date. * Business center level: the precise level at which plans are written varies from organization to organization. For example, in a company using a band management organizational structure, a marketing plan is written for each brand that is a profit center. Alternatively, some companies write plans for groups of brands or products, particularly when fixed costs are difficult to allocate by individual product. While marketing planning is common, it occurs at different organizational levels. * Planning period: the horizon varies...
Words: 2172 - Pages: 9
...NATIONAL UNIVERSITY OF SCIENCE AND TECHNOLOGY PAKISTAN NAVY ENGINEERING COLLEGE HEAT & MASS TRANSFER LAB MANUAL ENGINEERING SCIENCES DEPARTMENT HEAT & MASS TRANSFER LAB MANUAL ENGINEERING SCIENCES DEPARTMENT LAB INSTRUCTIONS 1. No late submissions 2. If you miss the submission time, you will be marked zero in that lab 3. If cheating or plagiarism is observed in the lab report, zero will be marked in that lab. 4. Detailed calculations should be shown. 5. Neat work will earn good marks. 6. Graphs should be made by hands. MS excel graphs will not be accepted. LAB MARKS DISTRIBUTION LAB REPORT/ ATTENDENCE | 50% | LAB PERFORMANCE | 10% | MID TERM ASSESMENT/QUIZES | 10% | FINAL LAB ASSESMENT | 30 % | TOTAL | 100% | TABLE OF CONTENTS S.NO | DATE | OBJECTIVE | PAGE NO | SIGNATURE | 1. | | To show that the intensity of radiation on a surface is inversely proportional to the square of the distance of the surface from the source of radiation | | | 2. | | To show the intensity of radiation various as fourth power of source. | | | 3. | | Determination of barrier temperature gradient between two different metals in end to end pressure contact. | | | 4. | | To perform energy balance on air flowing throw a duct heated by cylindrical rod | | | 5. | | To perform energy balance on air flowing throw a duct heated by cylindrical rod using DAQ | | | 6. | | Determination...
Words: 4135 - Pages: 17
...Table of Contents 1. Introduction 2. Typology of mergers兼并 3. Reasons to acquire收购companies 4. Integration process 5. Quantifying定量the value of an acquisition收购 Typology of mergers & acquisitions Different forms of acquisitions: One possibility is literally字面意思to merge the two companies, in which case one company automatically自动assumes all the assets and all the liabilities of the other Such a merger must receive the approval许可of at least 50% of the shareholders of each firm An alternative选择性is simply to buy the seller's stocks in exchange for cash, shares or other securities 证劵 In which case the acquirer收购方will deal individually单独with the shareholders of the selling company A third approach is to buy some or all of the seller's assets In this case, ownership of the assets need to be transferred and payment is made to the selling firm rather than directly to its shareholders Merger accounting If company A buys company B at a market value which is superior to its book value, company A paid a premium Company A will show in its consolidated accounts an amount of goodwill equivalent to the premium paid Typology of mergers & acquisitions Merger Accounting The premium can be justified by a licence not valued in company B balance sheet or a promising product or technology Company A will be obliged each year to estimate the fair value of the goodwill and if it falls below the premium, the amount on the balance sheet must be adjusted downward...
Words: 3219 - Pages: 13
...Ministry of Health (MoH) to deliver quality, affordable health care to all citizens of Kenya. Various strategic documents have outlined plans towards achieving this goal, including the Second National Health Sector Strategic Plan (NHSSP II, 2005-2010) and the Kenya National AIDS Strategic Plan (KNASP, 2005-2010).They are various other documents which include the HIV and AIDS Prevention and Control Act, 2006 Sexual Offences Act, 2006 Children’s Act, 2001 Medical Laboratory Act, 1999 Science and Technology Act, 1980 Public Health Act (Cap 242) HIV prevalence in Kenya is estimated based on the Demographic and Health Survey (2003 and 2008/9), AIDS Indicator Surveys (KAIS 2007 and 2012) and Antenatal Clinic (ANC) sentinel surveillance. A trend analysis starting from 1990 shows that prevalence in the general population reached a peak of 10.5% in 1995‐96, after which it declined by about 40% to reach approximately 6.7% in 2003. Since then, the prevalence has remained relatively stable. The decline of the prevalence from 1995 to 2003 is partly attributed to high AIDS related mortality while the stabilisation of the epidemic in the last 10 years is largely due to the rapid scale up of anti‐retroviral therapy (ART) and reduction in the number of new infections that occurred that period. Kenya has both a generalised and a concentrated epidemic. The epidemic is deeply rooted among the general population while there is also concentration of very high prevalence among key populations. Key populations...
Words: 2856 - Pages: 12
...Assignment 2 Information Security for Managers Submitted By: Student Number: Submitted Date: January 22, 2009 Table of Contents 1. Information Security Policy (Word Count = approx. 1000) 3 1.1 Security: 3 1.2 Policy: 3 1.3 Information Security Policy and its importance: 4 1.4 Policies, Procedures, Practices, Guidelines 5 1.5 Example of good policy statement 6 1.6 Possible structure of information security policy documents 7 1.7 Strategies and techniques to implement information security policies 8 2. Developing the Security Program(Word Count = approx. 500) 9 3. Security Management Models and Practices (Word Count = approx. 500) 11 A. ISO/IEC Model 11 B. NIST Security Model 11 C. RFC 2196 11 D. COBIT 11 E. COSO 12 4. List of References: 13 1. Information Security Policy 1.1 Security: Security has been a real issue for this century. Due to the new emerging technology like RFID and wireless devices there have been various issues regarding privacy and security of person and an enterprise. Security can be understood as a condition to protect against unauthorized access. In terms of IT, security can be categorized into application security, computing security, data security, information security, and network security. Source: (Whitman & Mattord 2007, p.5) Even though all of these security fields need to be monitored in an enterprise, for instance in this document we are concerned only with information security. Information...
Words: 2401 - Pages: 10
...Similarities and Differences between U.K’s and U.S.A’s Education Policy Student’s Name Institution Affiliation Introduction Education policy refers to the guidelines and principles that the government put in place as laws in order to govern the activities around education systems in their country (Dewey, 2012). These policies are meant to be implemented in all the stages of education that is from early childhood education, kindergarten through to 12th grade, university and college education, graduate, adult education and job training. The areas that the government focuses on while formulating and implementing education policy include school choice, class size, school size, teacher education, school privatization, teacher pay and certification, curricular content, teaching methods, school infrastructure and education requirements (Dewey, 2012). It also encompasses the values and missions that schools aim to uphold and achieve respectively. A country’s academic success is greatly determined by the kind of education policies that have been formulated and implemented by its government (Ravitch, 2012). Hence this is a very vital factor for citizens to consider when they are obligated to vote in a new government. They tend to look at the most beneficial and favorable education policies that are going to be for the good of the country. Politicians also prioritize this factor when they are campaigning for office. This essay aims at comparing...
Words: 3688 - Pages: 15
...Human Resource Management Applied Project #2 - Employee Selection at Dynamo Industries 1. Critique the selection methods that have been developed by Dynamo Industries. Specifically, critique the (a) personality profiles based on the (1) 16 PF and (2) the TAT, (b) interviewer ratings, (c) intelligence test, (d) handwriting analysis, (e) promotability analysis, (f) performance ratings and (g) work sample scores. Cite independent research sources as appropriate to support your position. (20 points) Personality Assessments Thematic Apperception Test While personality tests can offer one the ability to observe an individual’s psyche, both conscience and subconscious, respectively, its validity to actually “judge” an individual within an interview process is not a best-practice method. As research has indicated “…the TAT is a powerful and revealing measure that has made an undeniable contribution to the motivation literature. However, to the extent that the administration and scoring of the test can be improved and refined through the development of a standard set of cues, group norms, and a more efficient scoring system, the true potential of this measure is at present untapped.”TAT Administration TAT Administration Personality Factors (16) Similar to the TAT test, using standardized personality tests as determining factors within an interview process is controversial. However, personality tests are standardized and most employers consider quantitative scores...
Words: 4188 - Pages: 17
...Bachelor of Arts in Business Economics STUDENT’S HANDBOOK 2011/2012 Lazarski University Warsaw, June 2011 1 Lazarski School of Commerce and Law Student’s Handbook- Bachelor of Arts in Business Economics Content Page 4 6 8 13 15 15 15 17 17 18 19 21 23 24 26 28 30 32 34 35 37 39 41 43 44 46 48 49 50 51 53 54 55 57 58 59 60 62 63 63 64 66 67 69 72 74 75 76 77 79 80 82 The Programme The Degree Assessment Quality Assurance Admission Procedures Erasmus Study in BABE Programme Administrative Issues Course Descriptors Mathematics Introductory Microeconomics Introduction to Sociology Current Issues of the European and Global Economy Academic Writing Introduction into Business Introductory Macroeconomics Introduction into Economic Analysis Economics of Integration Information Technology Intermediate Microeconomics Issues in Macroeconomic Policy Mathematical Economics Statistics Regional Economics Introduction to Strategic Management Banking and Finance International Business Law Research Proseminar Accounting Managerial Economics International Economics Intermediate Macroeconomics Econometrics Research Methods Social Policy Game Theory Public Finance Investment Analysis BA Seminar Electives Financial Accounting Monetary Theory and Policy - The Impact of Global Crisis Principles of Marketing The World Economy – Retrospective View The Small and Medium-Sized Enterprises (SME) Sector Economics of Telecommunication Demography and Economics of Contemporary European Migration Personal...
Words: 47436 - Pages: 190
...STUDENT NAME STUDENT NUMBER 1. AGBOOLA ABIOLA 4684941 2. ATEYATALLA AL KHALIFA 4699786 3. AYODELE LAWAL 4711245 4. MAHDI IYAMLOULI 4694648 5. MAICHIBI BAKO BLESSING 4754992 6. MOHAMED OBAID BIN TAMIM 4784650 7. CONTENTS Executive Summary………………………..…………… Pg 1 Introduction………………………………..…………...... Pg 3 Job and Task Analysis……………….…….………….. Pg 4 Job and Person Description…………………….….…. Pg 4 Job Advertisement…………………………………..….. Pg 7 Candidate Selection………….…………………….…... Pg 9 Maximizing Candidate Success………….…………… Pg 11 Conclusion……………………………………………..… Pg 15 References…………………………………………..…... Pg 16 Appendix………………………………….…………….... Pg 18 Executive Summary The quest is on for the replacement of Mrs. McBaine, Twinkletoes Early Childhood Centre’s Director for the past 14 years. She has manifested her intention to migrate to another country, thus leaving her post vacant. This paper analyzes her Director position and presents a recruitment process adapted from Pilbeam & Corbridge (2006). Upon learning of the director’s job description and required qualifications of candidates interested in taking over her position, a job advertisement is created to attract qualified candidates...
Words: 6001 - Pages: 25
...International Business Linked to globalization Globalization 1. What is it ? It is a process where the world is moving away from independent countries to interconnected counties 2. Status ( where we are + measurements) Wave of globalization after WOII * 50 – 60 domination of the US (“free market wave”) The trade rules are set by the US * Now domination China, Asia US domination is gone, different countries dominate the world The demographics of the world economy has changed How do you measure globalization? * University of zurich * http://globalization.kof.ethz.ch/ The KOF Index of Globalization measures the three main dimensions of globalization: 1. Economic globalization * Actual flows (37%) * Trade (percentage of GDP) * Foreign direct investement, flows (percentage of GDP) * Portfolio investement (percentage of GDP) * Income payments of foreign nationals (percentage of GDP) * Restrictions * Hidden import barriers * Mean tariff rate * Taxes on international trade (percentage of current revenue) 2. Social (39%) * Data on personal contact * Data on information flows 3. political. (25%) * Embassieses 3. Types of globalization 1. Globalization of products 2. Globalization of markets Active vs passive globalization Globalization can also be passive. Companies that do not want to globalize...
Words: 10538 - Pages: 43