TUI Travel PLC Market overview 2 business models: individualization and commoditization (best serve to changing needs). But How Does a Service Become a Commodity? Traditionally‚ services cannot be commoditized‚ as there are numerous variables that account for differences between the type and level of service offered by each provider. The commoditization of hotels started many years ago with the first rating systems. Companies like the American Automobile Association (AAA) and Mobil (now Forbes)
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TUI Porter’s Five force analysis of the tourism industry. Competitive rivalry Moderate Competitive Rivalry Global industry growth rate is 4.1% (UNWTO .2005 ) High fixed cost largely favours the incumbents Variation of sizes of incumbents The threats of Substitutes Low threats of substitutes Technologies (TV and Games ) could act as substitutes but cant replace travel. Low differentiation of product limits the substitutes. The bargaining power of the buyers
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TESA AG Catalogue * Introduction * The three options -Criteria of three options -Advantages and disadvantages of the three options * Final decision and conclusion Introduction TESA AG is a independent subsidiary of the Beiersdorf AG‚ which has ten production sites worldwide. The company provides over 6000 different kinds of adhesive tapes (of which 300 are consumer products) to its various customers from industrial and handcraft firms. TESA’s wide variety of products
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Case Study #1 Metallgesellschaft AG Metallgesellschaft Refining and Marketing (MGRM)‚ was a subsidiary of Metallgesellschaft AG in Germany. In the early 90’s‚ MGRM chose to being selling long term (5 and 10 year) fixed price contracts for gasoline‚ heating oil‚ and diesel fuel. These contracts were successfully marketed with MGRM contracted for 160 million barrels of oil as of Nov 1993. Due to the fact that the MGRM entered into long term commitments for fuel delivery with fixed pricing‚ this
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1. INTRODUCTION Ratios are invaluable profit tools in financial analysis that can provide information on valuing a company. In this report‚ I am going to focus on the financial statement of the travel and tour operator company ‘TUI TRAVEL PLC’. I will start with the background of the company and I will move on to measuring the financial performance of the company through a competitive analysis of the company’s financial statement for the financial years 2011‚ 2012 and the evaluation
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Chapter 7 . Financial Responsibility Centers In August 2002‚ a pricing dispute arose between the managers of some of the divisions of Zumwald AG. Mr. Rolf Fettinger‚ the company ’s managing director‚ had to decide whether to intervene in the dispute. THE COMPANY Zumwald AG‚ headquartered in Cologne‚ Germany‚ produced and sold a range of medical diagnostic imaging systems and biomedical test was equipment and instrumentation- The organized into six operating divisions. Total annual revenues
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Executive Summary The report will analyze the case study discussing the bribery scandal at Siemens AG. The case study raised the question of accountability of senior managers to the rampant corruption occurring in global divisions. Siemens AG is a German based company with executive offices in Munich. Siemens builds locomotives‚ traffic control systems and infrastructure. The company was brought up on charges of violation to the FCPA as a result of bribes of government officials. Outlining
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Running Head: Discuss the Financial Information of the Publicly Traded Company Game Stop Over the Past Several Years. TUI UNIVERSITY Module 1 SLP FIN501: Strategic Corporate Finance Dr. John Halstead July 21‚ 2014 This particular project involves the financial analysis a publicly traded company. I chose to focus on Game Stop‚ an American video game entertainment software retailer‚ based out of Grapevine‚ Texas. Game Stop (GME) is a corporation
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Zumwald AG‚ headquartered in Cologne‚ Germany‚ produced and sold a range of medical diagnostic imaging systems and biomedical test equipment and instrumentation. The company was organized into six operating divisions. Total annual revenues were slightly more than €3 billion. Zumwald manages ran the company on a highly decentralized basis. The managers of each division were allowed considerable autonomy if their performances were at least on plan. Performance was evaluated‚ and management bonuses
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Essay Title: "The Irish State need not be so heavily involved in health or education". Discuss with reference to one or both of these areas of welfare state activity. I have chosen to discuss whether or not I think that the Irish state need not be so involved in Health and Education in our country. I think that it is important that the state is involved with these issues within our country. Ireland is by definition a "welfare state"‚ that is‚ a system whereby the government undertakes to protect
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