Preview

BYU Portfolio 1

Satisfactory Essays
Open Document
Open Document
408 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BYU Portfolio 1
Case: Carnival Cruise Lines (from Lesson 1)

1. What global forces have contributed to the growth of the cruise-line industry?
Some changes in the global environment were favorable to the cruise-line industry. For example, more ports are available to a mass market thereby increasing cruise-line industry’s destination offers. Safety precautions have also improved globally, adding onto the attractiveness of going on cruises as a vacation for families. As the world becomes more developed, cruise-line companies are able to offer better packages such as tax-free shopping, on board entertainment, and casinos.
2. What specific steps has Carnival Cruise Lines taken to benefit from global social changes?
Carnival Cruise Lines have benefited from changes in global environment by paying attention to the discretionary income people have. For example, during economic recessions, the cruise line offered shorter packages that are lower in cost for both the cruise line and its customers. Additionally, by sourcing employees on a global basis, Carnival Cruise was able to minimize staffing cost.
3. What threats exist for the future performance of the cruise-line industry and, specifically, of Carnival Cruise Lines? If you were in charge of Carnival, how would you (a) try to prevent these threats from becoming reality, and (b) deal with them if they were realized?

Video: Myth: Outsourcing is Bad for America (from Lesson 1)
1. What arguments do Lou Dobbs and others make for the reduction or elimination of outsourcing?
2. What arguments support the opposite position?
3. Should companies outsource labor? (There is no right or wrong answer to this question.)
Video: The Debate on Globalization (from Lesson 4)
1. Define globalization and explain how it affects people in both the developed and developing world.
2. Explain the arguments for and against globalization.
Assignment Submission Instructions
You will submit your completed questions to Independent Study electronically throughout

You May Also Find These Documents Helpful

  • Powerful Essays

    A. Globalization is the way countries and nations around the world come together to communicate, transport, network, and exchange goods. By doing this the opportunities are endless because with everyone coming together more can be achieved. It will make products more affordable and available to more people by combining cultural goods, services, and knowledge.…

    • 1175 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    The current economic landscape is impacted by an aging population with disposable income as well as many external and environmental forces. For instance, over 60% of the worldwide cruise passengers are over the age of 40. Despite the rising oil prices, cruises have and may continue to become increasingly popular as baby boomers enter retirement.…

    • 7656 Words
    • 25 Pages
    Powerful Essays
  • Better Essays

    Carnival Corporation began their operations in 1972 when Ted Arison purchased an aging ship and converted it into the first vessel for their cruise line. Since then, Carnival Corporation has grown into the world's largest cruise line with Ted Arison's son Mickey Arison taking over as CEO of the Corporation. Carnival has cruise brands that offer a broad range of travel from contemporary to luxury to fit everyone's budget. Carnival currently has six cruise brands. Those include Carnival Cruises (family Caribbean vacations), Holland America (luxury cruises), Cunard (ocean liner service), Costa Crociere (European destinations), Seabourn (luxury), and Windstar (luxury). In addition to the cruise lines, they also operate a tour business that offers sightseeing tours both separately and as a part of its cruise packages. Carnival also receives revenue form various onboard activities including casino gambling, bar sales, gift shops, arcades, spa services, and photo/art sales.…

    • 1348 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Silver Ships Case Study

    • 3043 Words
    • 13 Pages

    1. What are the key elements of Silver Ship's strategy? Which of the five generic strategies is the company pursuing?…

    • 3043 Words
    • 13 Pages
    Good Essays
  • Good Essays

    Title: Matter of: In Re Bay Area Travel, Inc; Cruise Ventures, Inc; Tzell-AirTrak Travel Group, Inc.…

    • 454 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Patti Serino

    • 1675 Words
    • 7 Pages

    2. Explain at least 2 examples that relate to each of the effects of globalization that you discussed in response to the preceding question.…

    • 1675 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Midterm Guide MNGT 350

    • 4833 Words
    • 20 Pages

    As people, firms, and other organizations have expanded their access to resources, goods, services, and markets across wider geographical areas, they have also become more deeply affected (positively and negatively) by conditions outside their home countries. Globalization refers to the broadening set of interdependent relationships among people from different parts of a world that happens to be divided into nations.…

    • 4833 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Financial Ratio and Costco

    • 1614 Words
    • 7 Pages

    8. What actions do you think management at BJ’s Wholesale should take to boost revenue growth and overall financial performance?…

    • 1614 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Globalization is the process in which the world becomes connected through communication, trade, and migration. Globalization can transform cultures and the identity of people within those cultures. One of the primary factors that leads to globalization in the advancement of technology…

    • 499 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Globalization has become a highly debated concept around the world. Globalization can be simply understood as “a process of global economical, political and cultural integration” (thefreedictionary.com). Today the world has become global and integral and all of its major parts are completely interconnected like in a tiny village. Globalization is an everyday process that brings a cultural unification and changes people’s psychology. Globalization is happening almost everywhere in the world and having various impacts on people. It is a process that is bringing the world smaller and smaller and also imposing a change on people’s cultural level. People’s identity is changing because of globalization. Globalization has made the world we are living today more complex and culturally pluralized. Many people migrate to new places and are forced to adopt a new culture. However, their traditions might not fade away because they will always be part of their identity.…

    • 1180 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Globalisation and Coke

    • 3306 Words
    • 14 Pages

    Globalization has been described as the rapid increase in cross-border economic, social, technological exchange under conditions of capitalism, which also, influences all spheres of our life: culture, business, trade, politics, environment and even our mentality. It connects different countries and makes their interaction easier.…

    • 3306 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Celebrity Cruises

    • 1371 Words
    • 6 Pages

    The problem for Celebrity Cruises was clear in they needed to define a clear positioning for its customers and figure out a way to keep the demand strong maintain market share and focus on specific customers in their target market. This meant Celebrity cruises had problems with their strategies and less importantly their operations. Celebrity needed to figure out a way to retain customs with different expectations within their target market whether or not they were initial cruisers, seasonal cruisers or frequent cruisers.…

    • 1371 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Globalization is the process by which different societies and cultures integrate through a worldwide network of political ideas through transportation, communication, and trade. Generally, globalization has affected many nations in various ways; economically, politically, and socially. It is a term that refers to the fast integration and interdependence of various nations, which shapes the world affairs on a global level. Simply put; globalization is the world coming together. In this essay I will discuss multiple perspectives on globalization through the analysis of these three sources.…

    • 720 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. Identify the controllable & uncontrollable elements that Starbucks has encountered in entering global markets.…

    • 572 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Globalisation Drivers

    • 1753 Words
    • 8 Pages

    Explain what is meant by the term globalisation. Identify and analyse the key drivers of the process of globalisation over the last twenty years.…

    • 1753 Words
    • 8 Pages
    Better Essays