Under tough business environment‚ your low cost carrier (LCC) is in financial difficulty. As the CEO of this LCC‚ you however believe that if the airline manages to control the cost‚ your airline can survive. You therefore decide to reduce the operating expanse including the labour cost but you would avoid lay-offs. What cost reduction measures would you implement and why? In airline industry‚ the cost can break to two parts: fixed cost and variable cost. And there is
Premium Airline Low-cost carrier Outsourcing
1. If difficult situations arise‚ what is your initial reaction? Do you fight or flee? Do you stay calm or get agitated? Do you “own” your part of the situation or look to lay blame on anyone other than yourself? Consider how your initial reaction may affect your ability to resolve a situation effectively. If difficult situations arise‚ my initial reaction is to fight. I take the time to do reflect and think of the best way to deal with the difficult situation so I can move on. I stay calm and face
Premium English-language films Management Psychology
What do you consider to be your greatest achievement thus far? Please share this with us in about 500 words. My greatest achievement would probably be my good academic results during my three years of polytechnic studies. How and Why those three years of studies end up as my greatest achievement thus far are probably due to my academic results between the time in secondary school and the time in polytechnic. I also believe that those three years in polytechnic change my mentality towards studying
Premium High school Electronics College
1. What do you consider to be "inedible"? According to the textbook‚ the word inedible is poisonous or are not eaten because of strong belief or taboos. Food or things that I consider to be inedible would be poisonous animals‚ fungus‚ or an animal that died from a disease. 2. What do you consider to be "edible by animals‚ but not by me"? Animals love to eat any living things as long as they are below their food chain. Natural selection plays a very big part because every animal craves the excitement
Premium
as in other parts of the world. Newspapers in Education: -Articles from newspapers give facts about current affairs which may not be found in textbooks in their schools. -Students learn new or unfamiliar words‚ expressions and spelling which add up to their vocabulary. -Newspapers provide topics that students may use in their conversations with their friends. -The youth are educated on social‚ political and economic issues when they read articles in the newspapers. -Newspapers educate both
Free Education
13 Organizational Structure LEARNING OBJECTIVES After reading this chapter‚ you should be able to: 1. Describe three types of coordination in organizational structures. 2. Justify the optimal span of control in a given situation. 3. Discuss the advantages and disadvantages of centralization and formalization. 4. Distinguish organic from mechanistic organizational structures. 5. Identify and evaluate the six pure types of departmentalization. 6. Describe three variations of divisional structure
Premium Organizational structure
1. Maslow’s hierarchy of needs states that people will first attempt to fulfill basic needs such as physiological and safety needs‚ and then if those are satisfied‚ they will make efforts to satisfy other needs‚ such as social and esteem needs. According to this theory‚ only when their most basic needs have been satisfied will people be able to concentrate on satisfying higher-level needs. However‚ if their basic physiological and safety needs become threatened‚ they would then be likely to revert
Premium Maslow's hierarchy of needs
Organizational Behavior – field of study that investigates the impacts of individuals‚ groups‚ and structure of behavior within organizations. Its aim is to apply such knowledge toward improving organizational awareness * Frequently applied to: absenteeism‚ turnover‚ productivity‚ motivation‚ job satisfaction‚ working in groups * Often applied by manager to manage organizations more effectively * Not just for managers and employees‚ also for entrepreneurs and self-employed individuals
Premium Organizational studies Sociology Organization
of exploring the major challenges that Dynacorp was facing. These included the high costs‚ slow pace of providing the market with new products‚ and the need to increase value for customers. A consulting firm that was
Premium Organization Organizational structure Strategic management
Personality: What makes you the way you are? - Science News - The Independent At some point in your life‚ you ’ve probably filled in a personality questionnaire ("Do you see yourself as....?")‚ and wondered as you ticked the boxes if there can really be any validity to such a simplistic way of assessing people. Surely the scores just reflect your mood on the day‚ or what you want the investigator to think. Surely everyone gives the same answer‚ which is "it depends". Or even if the scores measure
Premium Big Five personality traits Personality psychology