INTRODUCTION Carnival has enjoyed an extended run as Big Kahuna of the cruise world. The assets of its parent company‚ Carnival Corporation‚ are enormous and growing: In addition to its own fleet of 20 ships‚ Carnival Corp. holds full ownership of Cunard‚ Seabourn‚ Costa‚ Windstar‚ and Holland America Line -- all told‚ more than 50% of the North American cruise industry. And‚ in April 2003‚ Carnival beat out Royal Caribbean to acquire P&O Princess‚ adding yet another major cruise brand to its cruise
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Carnival is celebrated everywhere in Brazil‚ but in Rio de Janeiro‚ the celebration becomes a fantastic spectacle during the summer months (February‚ and March) in the country. It is wild‚ wacky‚ frivolous‚ and most say‚ quite enjoyable. Passionate‚ exuberant Rio comes alive when Carnival begins. As the temperature heats up‚ so do days of seemingly endless parades‚ balls and parties in Cidade Maravilhosa‚ or the "Marvelous City"‚ as Rio is sometimes called. It has to do with people‚ with the color
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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finance‚ marketing‚ value analysis and many other aspects of daily life of a business. One interesting for corporate strategy planning approach has been proposed by Michael E. Porter who states that there are five forces that influence the long-term profitability of a market or some segment of it. Therefore‚ the corporation must assess their objectives and resources against these five forces driving industry competitions‚ which are described below: 1) Threat of entry of new competitors or the market
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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analysis of Carnival Cruise Corporation Table of Contents Introduction SWOT Analysis 3 Strengths 3 Weaknesses 5 Opportunities 6 Threats 7 Mission Statement of Carnival Corporation 8 References 9 SWOT Analysis Strengths * Carnival is the largest and most successful international cruise line and currently has 81 vessels working worldwide. * From the beginning of the Corporation Carnival‚ revenues and passenger interests and participation has increased exceedingly. Carnival has not
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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WHAT IS STRATEGY? BY MICHAEL PORTER! 1! ! ! What is Porter’s definition of Strategy? ! Porter claims that a competitive strategy refers to the fact of being different to the competition‚ choosing a different set activities to deliver a unique mix of value to the client. He affirms that the essence of strategy is in choosing to perform actions in a different way than the rivals do and differentiate themselves in the market aligning themselves at the same time with the needs and wants
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Jaypee Business School A constituent of Jaypee Institute of Information Technology (Declared Deemed to be University u/s 3 of UGC Act) A-10‚ Sector 62‚ Noida (UP) India 201 307 www.jbs.ac.in ECONOMICS OF STRATEGY - 13MCEC05 PORTER FIVE FORCE ANALYSIS – TEXTILE INDUSTRY SUBMITED BY Page Submission date – September 13‚ 2013 Word count – 3804 1 Five Forces Analysis Template 1) Factors Affecting Rivalry among Existing Competitors To what extent does pricing rivalry or non-price
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Markets they cater: Carnival Cruise Lines is the largest cruise corporation in the world right now Their ships are spread around the world in the following nations; North America‚ UK‚ Germany‚ New Zealand‚ Australia‚ Spain and Brazil although a majority of their business comes from the North American Market. In its advertising Carnival specifically targets young and often first time cruisers. In doing so the carnival cruise line has been able to brand itself as a “fun” cruise catering to those looking
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