Table of Content Contents Marketing Audit 2 External analysis 2 Macroenvironment 2 Microenvironment 5 Internal analysis 9 AirAsia Marketing Mix (4ps) 9 SWOT Analysis 11 Marketing Objectives 17 Marketing strategy 17 Action Programs 25 Financial Budgeting 26 Implementation Control 27 References 31 Marketing Audit External analysis * Macroenvironment Political Environment Government regulates Airline industry heavily as in other country. In Government regulations of
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sustainability of the company Kingfisher Airlines it is necessary to diagnose the various change agents and keep them upgraded so that the flexibility against the unforeseen market failures could be mitigated at large. For effective change management and implementation of newer changes Kingfisher Airlines need to reshuffle its workforce and human resource management needs to be improvised at large (Hindustan Times, 2012). The post effects of FDI in domestic airline industries are shocking and have stirred huge
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Virgin Atlantic Christopher Pierre Keiser University Professor Jaime Medina ECO1023 When it comes to having an interesting life or life style, one should look no further and admire Sir Richard Branson’s. He is a financially well of individual thanks to his entrepreneurship, an adventurous rock star that seems to just party and have fun every single time one sees him in the media. In order to live such a fabulous lifestyle, an individual should be able to have access to a lot of financial
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AirAsia’s successful low cost business model. Based on the environmental scanning performed, the demand for Low Cost Carrier (LCC) is expected to expand rapidly attracting more players to join the market thus increasing the degree of rivalry within the industry. In responding to this condition, it is imperative for AirAsia to continuously identify new sources of cost advantage so that it can provide the lowest possible price to the price sensitive customer and improve its market position. In this project
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Executive Summary International business environment changes in the last couple of years have had a significant impact on the sectors of the world economy more so the airline sector, with this in mind the term paper focused on the impact of changes in the international business environment on the airline industry. International business environment is viewed as the most contexts for international business and comprehending how forces in this environment impact the business operations is
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WestJet Airlines WestJet Airlines is a Canadian low-cost carrier that was founded in 1996 by an entrepreneur Clive Beddoe. With an idea to start up a low-fare airline company, Beddoe quickly found a team of like-minded partners and WestJet Airlines was born. The role model for WestJet was Southwest Airlines and Morris Air, both operating in the United States. The main goal of the newfound company was to offer “affordable air travel coupled with good service” (WestJet handout, pg 52). Besides
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century, monopoly organization is mainly in the sectors of heavy industry such as coal, steel and oil. However, today has expanded the scope of the monopoly rules to light industry, transportation, commerce, agriculture and various service sectors and other fields. Monopoly is an industry controlled by who is the only producer of a good that has no close substitutes. Monopolistic industry in general are related to most people and the industry which closely related to public utilities, such as telecommunications
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03 3. STRATEGIC ANALYSIS ----------------------------------------------------------------------------- 04 3.1 INTERNAL ANALYSIS -------------------------------------------------------------------- 04 3.1.1 RESOURCE-BASED VIEW ---------------------------------------------------- 04 3.1.2 VALUE CHAIN ANALYSIS ----------------------------------------------------- 06 3.1.3 FINANCIAL ANALYSIS --------------------------------------------------------- 07 3.2 EXTERNAL ANALYSIS ----------------
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Introduction: JetBlue is a low-fare airline established in 1999 by David Neeleman, a veteran in airline start-up. By adopting a high frequency, short-haul, point to point strategy that leverage on technology advantage, together with an experience management board. In April 2002, JetBlue Management decided to price the IPO of JetBlue at despite that it was during one of the worst periods in airline history. The IPO was initially priced at $22-24 per share, it was later adjusted to $25 to $26
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Introduction PEST Analysis is the Political, Economic, Social culture and Technology analysis that a company does to determine the overall business environment. A PEST analysis is a look at the external environment of a company or a business that plays an important role in managing and decision making of a company. It is crucial for a company to consider its environment before relating with the public or customers. The PEST analysis examines the impact of each of the factor on the company. Thus
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