What Is A Business Model Explain It Wit

Topics: Economics, Privatization, Public ownership Pages: 6 (785 words) Published: January 10, 2015
* What is a business model explain it with an example and a comparison? A plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing. * What is an Airline?

an organization providing a regular public service of air transport on one or more routes. * What is an Airport?
a complex of runways and buildings for the take-off, landing, and maintenance of civil aircraft, with facilities for passengers. * Past and the future of an Airport?
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* Past and the future of an Airline?
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* What are four trends that dominate the airport and airline industry? 1. Long term growth
2. Commercialization
3. Globalization
4. Technical Change
* Explain what is supply and demand with an example?
Supply - Supply is the amount of the product that will be produced by the producer to be sold on the market with a particular selling price. Example - Rado watches what is handmade, demand is high and the price is high but the limited supply is only 400 wrist watches per year Demand - Demand is a buyers willingness towards a product and the ability to pay for a specific quantity of product, this specify how much product or quantity is desired by the customer. Example - Demand for apple product has increased after the launch of iphone 6 * What is Privatizing and who did it first, when and for what? Privatizing is a nationalized company becoming a private company, this means the process of transferring the ownership from the public sector (Government owned) to private sector. BAA (British Airport Authority)is the first to do privatization in 1987 * What is Deregulation and who did it first, when and for what? Deregulation is the government removing or reducing the rules applied Texas and California dis it first in 1978 and for the public desire for effective competition and lower prices * Explain briefly what happen to Europe in 1987 and who did it first? What? Why? BAA did the privatization first in 1987 * Explain the national carrier of Sri Lanka from Air Ceylon, Airlanka to SriLankan? ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

* Give an example of Privatized business? Australia privatized its airport for over 2 billion or 200 $ for every inhabitant * Give an example of Deregulated business? Abolition of the CAB and the removal of government intervention in the management of the airline. * Explain the privatize concept in short answer? Refers to transfer of ownership from a government agencies to privet investors * Explain the deregulation concept in short answer? Deregulation is the elimination of government processes that review business dissections * Explain Residual Income with an example? Residual income is the different between revenues and costs * What is CAB? Civil Aeronautics Board

* Explain two types of airline venturing in aviation with examples? ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

* What are the advantages and disadvantage of deregulation? ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

* What are the advantages and disadvantage of privatizing?
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* What are transfer hubs? Why we need them? Transfer hub is an airport that an airlines uses to transfer large number of passengers between flights * What is flexible design of airport? Flexibility on the airside of the airport comes mainly from having enough land to be able to extend runways and taxiways * Explain a good and a bad transfer hub with an example? Good - good transfer operation will...
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