Wednesday, December 25, 2019

Advanced Placement Sonnet Essay Question Samples - What Is It?

Advanced Placement Sonnet Essay Question Samples - What Is It? The 30-Second Trick for Advanced Placement Sonnet Essay Question Samples Although there's no rigid formula for writing a great introduction but we can realize that there are many strategies and guidelines we can readily adopt to generate quality success. It ought to be accurate, include all of the info you require, and provide you with an opportunity to record your own thoughts and thoughts on the material you're reading as you cooperate. Our customer support will gladly tell you whether there are any special offers at the present time, along with make sure you are getting the very best service our business can deliver. Although his behavior isn't seriously disruptive, it's annoying. If you're not an essay English writer, don't get frustrated. This title will get someone who wishes to learn. Learn more about the way the essay is scored. You must decide what you wish to write in your essay. The essay offers you a chance to reveal how effectively you may read and comprehend a passage and compose an essay analyzing the passage. Every essay should have a thesis that you wish to develop and support. The College Board does not have any control over their content and can't vouch for accuracy. Thus, State University isn't only the ideal spot for me, it is the sole location for me. Nursing is frequently a springboard to numerous different positions. Nursing today is a lot more than simply working at the bedside. Utilise the assistance of our service and don't fret about how you complete the school. Nevertheless the challenging work should not stop you from writing. All you will need is to request research paper help written by means of a specialist in your academic field. Discussion Essay Tips Some individuals believe that environmental problems should be solved on an international scale even though others believe it is preferable to address them nationally. The Advanced Placement Sonnet Essay Question Samples Trap You won't make the error of writing something in your essay that you believe you have thought of yourself, but is in reality something you're remembering from a book word-for-word. You might also want to suggest more research or comment on things that it wasn't possible that you discuss in the paper. A Description or Explanation'' essay will request that you describe a specific sample of person especially the fantastic qualities of someone or explain something on earth. E ach and each time you've got an English essay writing project, you're welcome to speak to us and we're going to assist you. Introductory paragraphs should not ever be too long. Punctuation such as commas and colans at the conclusion of each line serve to present a pause in the stream of the sonnet instead of the use of a full-stop. This kind of question is quite much like the Agree or Disagree question. There are some critical reasons for why it is preferable to type out sources word for word in your research as opposed to only take notes. Nowadays you have the capacity to choose from an actual top list! Devote adequate quantity of time to correct errors together with grammar mistakes in writing. He suits now along with ever. The absolute most important task is to deal with your essay questions correctly by utilizing the correct style, the proper grammar and robust supporting documents. It's easy to observe how those lenses would produce the exam impossible to standardize and reliably assess. You simply need to understand how to write for the test. Can't be utilized in conjunction with other promotional codes. As soon as it's always best to confirm the test needs of the schools you're applying to, you may also choose which tests to take based on your specific strengths and weaknesses or individual preferences. Make the most of our handy guide as it is exceptionally formulated to breathe life into your upcoming essay. This example demonstrates that even for an engineer with years of experience in the specialty, the basics of private essay writing remain the exact same. Subject tests are ideal for focusing on your special talents, and a few schools recommend a minumum of one or two, therefore it's a great idea to work out whether they may be appropriate for you.

Tuesday, December 17, 2019

My Spiritual Life Essay - 1145 Words

There’s a lot that I have to be thankful to God for this month, just for all the ways he’s been speaking to me through messages, ministry and recent events. I think that my relationship with God has taken on a new, different dimension since the prayer retreats and talks at the end of last month. God seems even more real and the way that I can pray and relate with him now seems more â€Å"relational and personal.† In general I’ve been able to identity as spiritual thirst this nagging feeling that I’ve always had before, of insecurity or of being unsettled. Before, I didn’t really understand or know what to do about this feeling so I would seek distraction or escape – or reassurance in the image of togetherness or competence that I kept of†¦show more content†¦A couple of good talks I had this past month came about through a lot battling my desire to take an easier way out and through deliberately praying for strength to â€Å"discharge the duties of ministry.† It turns out that the guys are responding positively overall, so I’m glad, but I also have this feeling of regret that I ha dn’t built deeper, more spiritual, relationship with these guys sooner because I could have, and maybe they’d be in a better place today if I did. On the same note, Lawrence’s suicide was a sobering wake-up call for me to build ministry relationships with much more deliberate direction and urgency. He lived in the floor below me senior year, but I still barely knew him. The problem I had then and still have now is that my heart is tight and my schedule is not open to people – it’s that attitude that I need to just take care of my responsibilities and anything that doesn’t seem directly connected to me is not my business. It’s hypocritical of me to claim to be a Christ-follower and minister, yet still allow this attitude to dictate my life. When Ajith Fernando talked about that quote â€Å"Obedience does not depend on the temperature of the heart,† I realized that this needs to be a point that I internalize and preach to myself again and as I try to deal with the many manifestations of my pain-avoidance, particularly in relationships with people. The mere fact that I don’t feel likeShow MoreRelatedMy Life, Home Life And Spiritual Life850 Words   |  4 Pagesnegatively affect New Scott’s achievement in his work life, home life and spiritual life. Barriers are created by being hurt or let down in some way and then swearing to not have it happen again. These barriers end up hindering me in doing what I need to do to succeed and be a new person that does not have those restrictions holding me back. In my college years I had to be very fiscally due to the fact that I could not count on anyone to help me out with my expenses. I am not bitter about this fact, quiteRead MoreMy Spiritual Journey through Life Essay867 Words   |  4 Pagesessential to illustrate a stable boat in my river of spirituality drawing. I believe our spiritual journey leads most of us on an array of river paths. Some rivers have clear skies with rocks along the way; other streams supply jagged lightning. My grandmother used to say to me, â€Å"Isaiah, your life is going to flash before your eyes.† I was close to my grandmother throughout my childhood. At the age of eight my teacher instructed me to write a story about my favorite person, I remember the projectRead MoreMy Parents Played A Major Part Of My Spiritual Life Map859 Words   |  4 PagesMy parents played a major part in my spiritual life map. Throughout my child hood my parents have always been in church. My parents are Baptist and they have devoted their lives to raisin their children in a Christian home. My parents are both Ushers in the church and they raised their children to go to church. We had to go to church as well as participate on programs in church. My mother would tell us God is all they have and they could depend on him. They shared many stories about how GodRead MoreThe, And, By Ernest Holmes895 Words   |  4 Pagesfall on deaf ears — our own. Having ears, we hear not. Having eyes, we see not. And having our hands full, we give not. It is a shame, because we could give, have and enjoy more. DIMINISHED EXPECTATIONS Holmes relates the responsiveness of Life to the idea that Nature abhors a vacuum. In an infinite universe, there cannot be an empty void, a place where God is not. All space, all vessels, all containers must be filled with something. So, when something is drawn out of one place, more is drawnRead MoreEssay on A Wagner Matinee1675 Words   |  7 Pagesfrom everything that makes you happy in life, in order for another to be happy should not be required of love. Relationships should be built on mutual respect and consideration for one another. Although compromise in a relationship is a necessary component for its success, denying the core of who you are is not. Speaking from experience, in the end, there will be nothing but resentment and identity-conflict. â€Å"A Wagner Matinee† by Willa Cather relates to my life in many ways as it exposes the resultsRead MoreEssay about Staircase to Destiny1021 Words   |  5 Pagesthe art exhibit is endeavouring to reflect my beliefs , values and attitudes that I strongly represent as an individual. As my life progresses on, my beliefs, values and attitudes has been uniformly modified and evolved by interacting with my family and my religion, Buddhism. In conclusion, my exhibit provides a thorough insight into the influences in my life that I have shaped my attitudes, values and beliefs. I felt that utilising the white base of my exhibit would be the most appropriate wayRead MoreSpirituality Through A Basic Spiritual Assessment And The Impact On My Life And Care For Future Patients927 Words   |  4 Pagesand transcends all aspects of being. Therefore, spirituality has a profound impact on everyone’s lives whether they realize it or not. This paper will explore personal aspects of Valerie’s spirituality through a basic spiritual assessment and the impact it has on her personal life and care for future patients. Strength, peace, and security are important aspects of spirituality that can bring deeper understanding to personal sources of spirituality. For Valerie, spirituality is strongly linked withRead MoreMy Vision At The Pittsburgh Leadership Foundation2417 Words   |  10 PagesMy Mission/Great Purpose is to empower and help women and youth discover and pursue their passions and dreams through creative, hands-on training, education, and workshops that integrate Life Purpose Coaching techniques with expressive healing arts. My Vision is for Bloom Into Being, LLC, and the Re-stARTistry project to become a united Christian community across all ethnicities, denominations, and economic levels with every woman and child having the ability to discover and pursue his/her God-givenRead MoreMy Mission Statement : The Myers Briggs Type Indicator1450 Words   |  6 PagesPersonal Awareness Paper My mission statement is to be a light and voice for Christ in a dark world. My core values, spiritual gifts, and my life experiences have all played an important role in forming my mission statement and who I am. My core values have given me an opportunity to make relationships with people because of God and my life growing up. Also, my spiritual gifts have given me another way to have a closer relationship with God. Lastly, my life experiences have changed the way I amRead MoreSpiritual Needs Assessment Essay892 Words   |  4 PagesAssignment Spiritual Needs Assessment †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Use the articles provided in the readings for this module. The Joint Commission provides some guidelines for creating spiritual assessment tools for evaluating the spiritual needs of patients. Using these resources and any other guidelines/examples you can find, make up your own tool for assessing the spiritual needs of patients. 1.The spiritual-needs assessment tool should include a minimum of five questions that can either be answered by the patient

Monday, December 9, 2019

Southwest Airlines Case Study Strategic Management Free Sample

Question: Discuss about the Report on Fundamentals Of strategic Management for Southwest Airlines? Answer: Strategic Plan Development Mission Statements A] Purpose Southwest wants to connect the world through low cost and high quality service to all its customers. Southwests purpose is to connect people to whats important in their lives through friendly, reliable and low-cost air travel (southwest.com) B] Vision Southwest yearns to be the most flown, loved and profitable airline in history (portions from southwest.com). Southwest is dedicated to provide their customers with the highest quality of customer service while offering low cost flights. Their service is delivered with warmth, friendliness, and individual pride that sets them apart from any other airlines. C] Culture Southwest is a culture that promotes the Southwest way. This is categorized into three segments. The first is having a Warrior Spirit meaning to be fearless in delivering their product. The second is a Servant Heart meaning follow the golden rule and put others first. The last segment is a fun loving attitude which means to be proud and passionate about your work and have fun doing it every day. Many companies have tried to emulate and study Southwests culture, but Gary Kelly (CEO) believes their success is just the simple formula above. Having a purpose and being passionate about what you are doing is the award winning culture Southwest promotes each day. II. Current Performance A] ROCE Figure 01: ROCE of Southwest Airlines for the Years 2010-2014 Interpretation of ROCE (Return on Capital Employed) During its long and sustained stay as a mature corporation in the USA aviation field, Southwest has been successful in maintaining its leadership role by consistently showing a growth pattern amidst competition, economic slow-downs and global financial difficulties. Southwest was able to retain its profitability and stability even during the financial turmoil of 2008-2009 which forced many established companies to shut down their operations. The EBITDA figures for the period 2010-2014 of Southwest Airlines aptly illustrate its growing strength and amply speak about the management capabilities of the directors of the company[1]. In this regard, ample testimony about the robust strength of Southwest Airlines is established by the Return on Capital Employed (ROCE) ratio of the company, the results of which are presented here. We have arrived at the conclusion after taking into consideration some of the essential financial factors of Southwest Airlines. It is not significant to make a comparison of Southwest with any other airline operating in the same regions as Southwest does not have a competitor having matching financial factors and economic strength as that of the leader. Calculation B] EVA Figure 02: EVA Values of Southwest Airlines for the Years 2010-2014 Interpretation of EVA (Economic Value Added) To determine a companys EVA, we use the following formula: NOPAT- (WACC*Capital Invested) Southwest is showing a negative EVA prior to 2014 mostly due because it was in a growth phase, if we look at the ROA for the past 5 years, we can see that the numbers have been steadily increasing: 3.09, 1.06; 2.3; 3.97; 5.75; 8.8, this suggest that early expenses in capital investment started to produce returns on latter years. Its not surprising to see a negative EVA in this case. In the aviation sector, especially for companies such as Southwest Airlines, which are operating on a thin profit margin and are not charging exorbitant fares from the flyers, a change towards negativity on its EVA figure can also be possible because of sudden decline in the tourist inflow. Another reason for decline can be because of the companys need to upgrade its aging fleet of aircrafts[2]. Calculation *Notes on WACC: Cost of equity is determined using capital asset pricing model assuming 6% equity market premium, 10-year risk free rate, and the historical adjusted beta for Southwest. Cost of debt is determined using historical cost of adjusted debt, which includes net present value for aircraft leases. C] FCF Figure 03: FCF Values of Southwest Airlines for the Years 2010-2014 Interpretation of Free Cash Flows (FCF) Free cash flow (FCF) represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base. Southwest have been generating on average $2,077M operating cash flow for the past 5 years, a grow rate of 29% YoY, with the exception on 2011, were its operating cash flow was -11% YoY, (mostly due to a 96% increase on capital expenditure YoY). Capital expenditures amount an average of 63% of the operating cash flow. Southwest Airlines has experienced negative cash flow during the economic slowdown in 2008 but that was exceptional time. The company has never seen such times after that and has been consistently keeping a healthy Free Cash Flow for its day to day operations as well as for its capital resources[3]. Calculation D] Disaggregated ROCE Figure 04: Turnover Ratio of Southwest Airlines for the Years 2010-2014 Figure 05: Inventory, Receivable PPE Ratio of Southwest Airlines for the Years 2010-2014 Figure 06: COGS, SGA, GM Ratio of Southwest Airlines for the Years 2010-2014 Interpretation The purpose of this factor is demonstrating the financial efficiency of an organisation. Under normal working conditions, a stable economic atmosphere and a dynamic management policy of the organisations Board can make it possible for the organisation to demonstrate positive trends in efficient management of its financial results. In the first nomenclature, analysis of Turnover Ratio is determined by comparing the sales revenue with the capital employed to attain this targeted revenue. In the second nomenclature, the analysis of sales revenue with receivables for service oriented organisations and between sales revenue and inventory for organisations in the manufacturing sector. We shall be conducting both these analyses for Southwest Airlines and make an assessment of the company for the period 2010-2014 from the results obtained[4]. We can also see that the GM ratio have been increasing steadily the last 4 years, while COGS SGA expenses have been flat or declining, the turnover ra tio shows an upward trend, but somewhat slower than the GM. This indicates that early capital investments are generating more revenue year over year. E] FCF Value drivers Interpretation Sales Revenue Growth Revenue growth of Southwest Airlines has been consistent and strong during this period of 2010-2014. Steadily rising every year, this growth shows that the management had good and effective control over its market penetration, over implementation of its policies and over its management capabilities[5]. Operating Profit Margins Except for 2011 and 2012 when Southwest Airlines demonstrated a downward trend in its operating profit margins, the company has been showing a regular trend of increasing operating profit margins. This can be attributed to the companys concentration on expansion, takeover attempts for the growth of its market share and modernisation of its infrastructure for the future operational efficiency[6]. Net Working Capital to Sales This ratio is used for determining how well the organisations working capital has been utilised by the management towards better revenue collection and its improvement amidst markets adverse forces, competitive adversaries and adverse economics of the sector. It is established by the available results that Southwest Airlines has been a successful enterprise in this field also[7]. Fixed Assets to Sales Revenue This ration is used by analysts to determine how well the management has been doing in managing its fixed asset resources for improvising its sales revenue[8]. Long Term Assets to Sales Revenue A constant change in this ratio is indicative of the organisations consistent growth in sales revenue as well as the managements capability of utilising this revenue for building up the capital equipment structure of the organisation. This has been a positive trend in Southwest Airlines in the given period from 2010 to 2014[9]. Graphs Sales Revenue Growth Figure 07: Sales Growth of Southwest Airlines for the Years 2010-2014 Operating Profit Margin Figure 08: Operating Profit of Southwest Airlines for the Years 2010-2014 Net Working Capital to Sales Revenue Figure 09: Working Capital of Southwest Airlines for the Years 2010-2014 Fixed Assets to Sales Revenue Figure 10: Fixed Assets of Southwest Airlines for the Years 2010-2014 III. External Analysis A] Industry Attractiveness Industry ROCE. In order to perform the industry ROCE analysis, here the major players in the US airline industry have been taken into consideration. The calculation considered the time frame from 2010 to 2014. Subsequently the average value was taken into account, which represents the industry average. There were two different tables employed in which one includes the ROCE of Southwest airlines and in other one Southwest Airlines was not considered. During the calculation, American airlines, Alaska Airlines, and Delta airlines were taken into account. While considering the industry average without Southwest Airlines, it can be said that from 2011 onward, the industry ROCE gradually increases. When the ROCE subsequent to 2010 significantly fall down, it again shows an incremental trend till 2014. Figure 11: Industry ROCE [without Southwest Airlines] On the other hand, while considering the industry ROCE with Southwest airlines, then also the same results were evidenced. Hence, it can be argued that the value of the organization operate in this industry gradually increases. Figure 12: Industry ROCE [with Southwest Airlines] 2010 2,011 2012 2013 2014 Southwest Airlines EBIT $ 988.00 $ 693.00 $ 623.00 $ 1,278.00 $ 2,225.00 Capital Employed $ 12,158.00 $ 13,535.00 $ 13,946.00 $ 13,669.00 $ 14,277.00 ROCE 0.08126337 0.05120059 0.04467231 0.093496232 0.15584507 American Airlines EBIT $ 4,304.00 $ (1,054.00) $ 107.00 $ 1,399.00 $ 4,249.00 Capital Employed $ 16,308.00 $ 15,218.00 $ 14,206.00 $ 28,472.00 $ 30,336.00 ROCE 0.26391955 -0.06926009 0.00753203 0.049135993 0.14006461 Alaska Airline EBIT $ 1,215.00 $ 449.00 $ 532.00 $ 838.00 $ 962.00 Capital Employed $ 3,592.00 $ 3,685.00 $ 4,004.00 $ 4,258.00 $ 4,510.00 ROCE 0.33825167 0.12184532 0.13286713 0.196806012 0.21330377 Delta Airlines EBIT $ 2,217.00 $ 1,975.00 $ 2,175.00 $ 3,400.00 $ 2,206.00 Capital Employed $ 31,803.00 $ 30,798.00 $ 31,280.00 $ 38,100.00 $ 37,242.00 ROCE 0.0697104 0.06412754 0.06953325 0.089238845 0.0592342 Industry average [without southwest] ROCE 0.22396054 0.03890426 0.06997747 0.11172695 0.13753419 Industry average ROCE 0.18828625 0.04197834 0.06365118 0.107169271 0.14211191 Table: Industry ROCE Industry ROCE using six forces. The attractiveness of the airlines industry belongs to the determined by the all the available possibilities of generating returns of the total capital amount employed by the organization to cope up the competitiveness in the market place. This industry is more intentionally facing the competition in the market, but able to generate normal returns and long term market sustainability (www.columbia.edu). From the evaluation perspectives of an investors investment, southwest airline company is generating return on capital employed during the operating period of 2010 to 2014 are a reflection of all six market force factors of the company. This six force model is showing a different force which influences the industry competition within a specified period of time. Bargaining power of buyers There are different group of buyers segmented in the airline industry are following like individual buyers and also those buyers who buy tickets for some other people for personal and professional reasons. These airlines customer groups are highly diversified in different countries. The airlines company southwest company is providing most of the discounts and offers to their customers and clients with the premium class facilities and limited differentiation. Threats of new entrants There are huge amount numbers of new airlines companies are entering in the airline industry with huge offers and different attractive travelling packages to attract the existing and potential customers (www.columbia.edu). The company southwest is providing the least fare package airline services to all the passengers but due to new entrants of competition company required to make future contingency plans. Competitive rivalry There is huge competition in the market for southwest airlines with seven other competitors company which is providing similar kind of services to the passengers during time of operation. Delta and united continentals holdings are one of those companies who are highly competitive with southwest airlines in the market to taken over the business activities. Threat of substitute products There are also threats of some another alterative convenience facilities which can be replace the passengers of southwest airlines taste and preferences at the time of journey. The car, train, water way and other bus facilities but when its come to the time saving facilities airlines facilities is not compare with any other facilities at that specified period of time. Suppliers power The software and hardware vendor are required different types of dependency to provide better supplier power towards the southwest airlines. To manage the suppliers power by the southwest airlines to maintained the cost of the operations in the organization. Complementary products There are several complementary products nowadays invented in the market for example like helicopter facilities and private jet which is also providing huge competitive scenarios for the airlines company like Southwest airlines. These complementary products are also motivated the companies to enhance their competitive strategies to make them stable in the airline industry. Potential profits for Southwest Airlines. As per the profit margin analysis of the company Southwest Airlines, it can be said that the budgeting scenarios and financial analysis of the company highly efficient to manage the different financial obligations, and also forecasting about generating overall operating profit margin of the company within mentioned financial period of time. Southwest Airlines has been efficiently reported that they are much efficient enough to manage their cost of goods sold, depreciation and taxes to develop as well as attain desired profit margin in every financial year. The primary aim of the company to manage the profit margin of the company to manage competitiveness with their peer groups in the market. In this context, it is also that the growth phases in the revenue generating activities and profit margin are generated from their operating activities. The firm is tried to initiate some better business strategies like discounts on prior purchase of tickets strategies, which will assure the company attains significant profit margin. This is the one of the most successful strategy which is used by the organization to positive earning abilities during the financial year 2012 to 2015. Southwest Airlines always expanding strategies to enhanced 14% to 28% gross margin in the financial year 2014 and become a one of premium automobile manufacturing company in the market if United States. B] Market Segments Every airline career required established position in the market through target and segmenting activities. The companies are frequently introducing new strategies for its target customers. They also applying these strategies to segment the target group of customers based on the given five aspects (Lorente and Lorente). Southwest airlines are basically positioned both in the low cost and luxury career category as per the consumers desire and preferences. This specific segmentation is creating its own unique identity in the airline industry over this selected timeframe. The airline organization is highly benefited because of proper market segmentation as it helps to avoid the other carriers competition in the market. The organization is one of the most exclusive brands which are providing qualitative segmenting for both type market segments of luxury as well as low cost carriers. Figure 13: Market segments C] Unique Customer Value propositions The top managerial authorities of the Southwest Airlines are efficient enough to manage the customers value proposition in the organization. The company is exclusively offering the luxury prices for selection of their exquisite products. In airline industry, there are plenty numbers of the market players offering mix amount of propositions to evaluate the customers of the organization. The market competitor companies like American airlines, Alaska Airlines, and Delta airlines are also facilitating mass market segment to provide efficient service not in the market of the United States, but also throughout the globe (Financials.morningstar.com). The value propositions by Southwest airlines largely focused on catchy wordings like Love. It has been noted that the organization employed an advertisement with title HOW DO WE LOVE YOU? Here, the ad mainly reflects its flight schedules. At the same time another ad titled WE ARE SPREADING LOVE reflects its customer dedication aspects. D] Differences and Uniqueness of Customer Value Proposition The idea behind the differences and uniqueness of this airline organizations customer value propositions are following in nature: The service provided towards the customers should be affordable; Specific packages related to long fleet should be as per the modern taste and preferences of the customers; The service provided should fulfill the perception of the customer as much as possible; Create long term brand awareness among the customers to maintain the corporate reputation and goodwill in the market. Manage loyalty and references of the existing customers to manage the brand value of the organization. Always required to considered customers feedback to generate product development processes of the organization. In addition to these above mentioned value propositions, the organization also has been started several loyalty programs which is promoting the company effectively in the global market (Financials.morningstar.com). They always concerns about their customer and providing all the safety and comfort demos in front of their potential and existing customers of the organization. E] Analysis of Market Segments In the above section, the market segmentation strategy followed by Southwest Airlines has been demonstrated. However, if all the segments are considered together, then it can be said that the operation of Southwest airlines can be broadly classified under three segments, passengers, frights and other revenue segments. Over the period, revenue from passengers segments provides major contribution towards overall revenue (Financials.morningstar.com). If the last years performance has been taken into consideration, then it can be said that almost 88.68 % of the total revenue were generated from passengers segments. At the same time, the study has also revealed that the contribution from freight segment was 0.83 % of the total revenue and 10.49 % of the total revenue were from other segment. Figure 14: Market segments analysis F] Market Segments Chosen From Attractive Industry Structures The organization has adopted various attractive strategies in order to maintain its exiting position. In order to choose this specific market segment, the organization thinks differently from the other carriers operates in this marketplace. While adopting any strategies, they have focused on more load factors than the average level. At the same time, their low price strategy also supports them to expand the market quickly (Financials.morningstar.com). Further the demand outpaces supply strategy also supports them to consider such specific market segments. G] Key Success Factors of the Airline Industry It has become clear that the airline industry evidenced significant downfall like other industries subsequent to the global financial crisis 2008 (Csimarket.com). However, over the timeframe, the airline industry has evidenced an incremental trend in terms of overall performance. While considering what are the factors that enables airline industry to attain such success, it was found that work culture, competitive environment, successful leadership, trust, open sharing of information and creativity spirit are the major aspects. Figure 15: Key Success factors of the Airline Industry H] Southwest Airlines v/s Delta airline and United Continental Holdings It has been noted that Delta Airlines and United Continental Holdings are the major competitor of Southwest Airlines. While measuring the competitiveness, among these three players, it has been found that Southwest Airlines evidenced poor performance in against other too (Brigham and Houston). However, this has argued based on the revenue generation aspects as shown in the below mentioned table: Amount in million COMPANY NAME REVENUE Passengers SOUTHWEST AIRLINES CO. $ 4,716.00 DELTA AIR LINES, INC. $ 9,595.00 United Continental Holdings, Inc. $ 8,960.00 APROX. MARKET $ 23,271.00 COMPANY NAME REVENUE Freights SOUTHWEST AIRLINES CO. $ 44.00 DELTA AIR LINES, INC. $ 196.00 United Continental Holdings, Inc. $ 235.00 APROX. MARKET $ 475.00 COMPANY NAME REVENUE Other revenue SOUTHWEST AIRLINES CO. $ 558.00 DELTA AIR LINES, INC. $ 565.00 United Continental Holdings, Inc. $ 1,111.00 APROX. MARKET $ 2,234.00 COMPANY NAME REVENUE Total SOUTHWEST AIRLINES CO. $ 5,318.00 DELTA AIR LINES, INC. $ 10,356.00 United Continental Holdings, Inc. $ 10,306.00 APROX. MARKET $ 25,980.00 Table: Revenue generation However, if the segment wise growth rate is taken into account here, then it can be seen that the organization has shown better performance than its competitor. References Brigham, Eugene F, and Joel F Houston. 2013. Fundamentals Of strategic Management. Mason, Ohio: South-Western. Csimarket.com,. 2016. "Southwest Airlines Co. Competition Revenue Growth By Company's Segment - Csimarket". https://csimarket.com/stocks/competitionSEG3.php?code=LUV. Financials.morningstar.com,. 2016. "Balance Sheet For Southwest Airlines Co (LUV) From Morningstar.Com". https://financials.morningstar.com/balance-sheet/bs.html?t=LUVregion=usaculture=en-US. Financials.morningstar.com,. 2016. "Balance Sheet For American Airlines Group Inc (AAL) From Morningstar.Com". https://financials.morningstar.com/balance-sheet/bs.html?t=AALregion=usaculture=en-US. Financials.morningstar.com,. 2016. "Balance Sheet For Alaska Air Group Inc (ALK) From Morningstar.Com". https://financials.morningstar.com/balance-sheet/bs.html?t=ALKregion=usaculture=en-US. Financials.morningstar.com,. 2016. "Balance Sheet For Delta Air Lines Inc (DAL) From Morningstar.Com". https://financials.morningstar.com/balance-sheet/bs.html?t=DALregion=usaculture=en-US. Lorente, Cristina Nicolas, and Laura Nicolas Lorente. 2013. Microsoft Dynamics strategic Management. Birmingham, UK: Packt Pub. www.columbia.edu,. 2016. "Www.Columbia.Edu". https://www.columbia.edu/cu/consultingclub/Resources/Airlines_Eric_Henckels.pdf. [1] Mudra, J. International Financial Management (12th ed). (Stamford, CT: Cengage Learning, 2014), 117. [2] tayloor, M.P. Purchasing Power Parity and Real Exchange Rates. (Oxon: Routledge, 2013), 81. [3] Yona, L. International Finance for Developing Countries. (Keynes: AuthorHouse, 2011), 171. [4] Cichosz, P. Data Mining Algorithms: Explained Using R. (West Sussex: John Wiley Sons, 2014), 216. [5] Taylor, M.P. Purchasing Power Parity and Real Exchange Rates. (Oxon: Routledge, 2013), 108. [6] Keown, A.J., Martin, J.D., Petty, J.W. and Scott, D.F. Financial Management: Principles and Applications (10th ed). (New Delhi: Pearson Education India, 2012), 252. [7] Cichosz, P. Data Mining Algorithms: Explained Using R. (West Sussex: John Wiley Sons, 2014), 261. [8] Mudra, J. International Financial Management (12th ed). (Stamford, CT: Cengage Learning, 2014), 135. [9] Yona, L. International Finance for Developing Countries. (Keynes: AuthorHouse, 2011), 180.

Sunday, December 1, 2019

Management of Strategic Operations

Management of operations in a business setting relates to the control of activities or procedures that facilitate the production and delivery of goods and services (Greasley 2007, p. 12). It is a function that is found in every organization since every organization engages in the production of some goods or services.Advertising We will write a custom assessment sample on Management of Strategic Operations specifically for you for only $16.05 $11/page Learn More Operations management influences the cost of production and the quality of products. Thus businesses must focus on effective operations management strategies in order to improve their competitiveness. This paper will focuses on the concept of strategic operations management by analyzing Coca-Cola Company and its product, coca-coal soft drink. Product Profile Volume Volume relates to the quantity of a product that is produced and sold by the company (Greasley 2007, p. 86). The production volume at Coca-Cola is high since millions of its products are produced and sold per day. This is based on the fact that the company serves the global market and thus it has to produce very many units in order to meet the high demand (Coca-Cola 2011). The implications of this characteristic on production include repetition and systematization of procedures in order to improve efficiency. Besides, the firm focuses on capital intensive production in order to increase output. The high volume has resulted into low cost per unit. Variety Variety refers to the various types of products that are manufactured by the company (Greasley 2007, p. 89). The firm produces a wide variety of soft drinks. As at 30/12/2010, the company had a product portfolio of over 2000 different types of soft drinks. Thus it has a high level of product variety (Coca-Cola 2011). This has impacted on the production operations in two ways. First, the company uses a flexible system in order to take the needs of the customers int o consideration during product development. Second, the production process has become very complex as new products are introduced. Variety in Demand Coca-Cola’s products have a high variation in demand (Coca-Cola 2011). This is because the consumption of soft drinks is affected by weather or seasons. For example, the sales are usually high during summer and holiday seasons. However, the sales usually fall during the winter. The implications of this trend on production are as follows.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More First, the company has adopted a flexible production capacity in order to respond appropriately to changes in demand. Second, the firm is always in touch with the market in order to understand the changes in demand (Coca-Cola 2011). Finally, it has led to an increase in costs per unit as the company adjusts its capacity in response to changes in demand . Visibility Visibility refers to the degree to which the customers can follow their orders from the time the orders are placed up to the time when the goods are delivered (Stevenson 2008, p. 45). The visibility of Coca-Cola’s products is high. This is because they are usually delivered within the shortest time possible through an efficient distribution system (Coca-Cola 2011). The main impact of the high visibility is a focus on customers’ needs as the basis for evaluating satisfaction. Activities Undertaken in Order to Display the Operational Characteristics A high product variety has been sustained through research and development that enables the firm to develop new products. The firm has invested in modern communication and information technology in order to reduce the order processing time. This has enabled the firm to maintain high product visibility. In order to maintain a high production volume, the company has embarked on automating most of the production and delivery activities (Coca-Cola 2011). This involves the use of machines in various stages of production in order to increase output. The workers are also being trained regularly in order to improve their competence. This results into high productivity. During the low demand seasons, the firm usually embarks on intensive sales campaign and promotional activities. This indicates the high level of variation in the products’ demand. Attempts to Change the 4Vs First, the firm is implementing its expansion plan by establishing new production plants especially in the overseas markets. This is meant to increase productivity (volume) of the company. Second, the firm has launched its e-marketing website in order to strengthen its relationship with customers (Johnston 2009, vol. 29, pp. 564-587).Advertising We will write a custom assessment sample on Management of Strategic Operations specifically for you for only $16.05 $11/page Learn More This enables it to increase the variety of its products by incorporating the customers’ suggestions in product development. Finally, the company is focusing on improving the quality of the drinks by controlling the calorie levels (Coca-Cola 2011). This aims at making the products a necessity that can be consumed in all seasons. This strategy aims at reducing the high level of variation in the products’ demand. Conclusion The above assessment shows that management of operations has a direct impact on the cost of production and profits (Stevenson 2008, p. 67). Coca-Cola has been successful in the market since it has a high product visibility, volume and variety. However, the variation in the demand for its products is high and this has a negative effect on its profits since the sales usually decline during the low demand periods. References Coca-Cola 2011, Products, https://www.coca-cola.com/. Greasley, A 2007, Operations management, SAGE, New York. Johnston, R 2009, ‘Establishin g and developing strategic relationship: the role of operations manager’, International Journal of Operations and Product Management, vol. 29, no. 6, pp. 654-587. Stevenson, W 2008, Operations management, McGraw-Hill, New York. This assessment on Management of Strategic Operations was written and submitted by user The Hunter to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.