partnership with the German flag carrier Lufthansa. The airline project was started in February‚ 1993 by S K Modi‚ Ashutosh Dayal Sharma and Kanwar K S Jamwal and on 5 May 1993 took the first flight from New Delhi to Mumbai. The airline actually started operations within three months of its conception – a record of kinds in itself. It maintained very high standards in flight safety‚ ground maintenance and on-time performance‚ owing to a strong support from Lufthansa AG. ModiLuft was the only
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Course : GDM 2nd Sem Sub : Corporate Law Q.1. In the following statements only one is correct statement. Explain Briefly? i) ii) iii) An invitation to negotiate is a good offer. A quasi-contract is not a contract at all. An agreement to agree is a valid contract. Ans : i) Incorrect : - Its not an offer only an indication of a willingness to consider any offers and counter offers. ii) Correct : A quasi contract is a fictional contract created by courts for equilable‚ not contractual
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Analysis of the External Environment of Business The Technological Environment The external business environment consists of four elements‚ they are as follows: Political‚ Economic‚ Social and technological. It would be impossible to analyse the whole environment in one essay‚ I have therefore decided to focus my essay on the technological environment. I have chosen this area to focus on because as Palmer and Hartley point out‚ it is one area that is forcing immense change in the external business
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CSuggested answers to questionnaire Questions 1. Air India comes directly under the Ministry of Civil Aviation‚ Government of India. The Board of directors and CMD have to work under the guidance of bureaucrats and politicians. What in your opinion have been the influence and effect of such a leadership on the strategic management and decisions taken on Air India over a period of time?( learning outcome 1.1 Explain the link between strategic management and leadership) Answer 1 Leadership
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This is a case about three different companies dedicated to the manufacturing of aircrafts. Those three major companies are: Boeing‚ Airbus Industry and McDonnell Douglas; each of one was struggling to produce enough aircraft to satisfy a seemingly unquenchable need for passenger and freight transport around the world‚ developed in this form many kinds of aircrafts in different models and styles. Airbus is a consortium of European aircraft manufacturers formed in 1970; Boeing Company was founded
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Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) In the economic field of agency theory‚ which one of the following is viewed as an agent with the principals who are most importantly the firm’s shareholders? A) managers B) employees C) attorneys D) suppliers 2) The cash manager at AmFlex Company needs to buy 1‚000‚000 British pounds to pay a British supplier. A currency broker quotes him a bid-ask
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1. ¿Por qué Air Berlin quiere hacer una IPO? The decision of Air Berlin to launch an IPO is based on three main reasons that go along with the company’s corporate strategy. The company wants to raise gross proceeds of €350 million in order to fund the growth of its aircraft fleet‚ to pay off debt and to invest in sustainable growth. Hereby‚ 50% of net proceeds (total: €290 million) will be invested into purchasing 55 new aircrafts. Air Berlin wishes to expand its fleet by Airbus 320 airplanes
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Frequent Flyer Program (FFP) Is a loyalty program offered by many airlines. Typically‚ airline customers enrolled in the program accumulate frequent flyer miles (kilometers‚ points‚ segments) corresponding to the distance flown on that airline or its partners. There are other ways to accumulate miles. In recent years‚ more miles were awarded for using co-branded credit and debit cards than for air travel. Acquired miles can be redeemed for free air travel; for other goods or services; or for increased
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Established in the Queensland outback in 1920‚ Qantas has become Australia’s biggest household and worldwide carrier. Enlisted initially as the Queensland and Northern Territory Aerial Services Limited (QANTAS)‚ Qantas is generally viewed as the world’s driving long separation aircraft and one of the most grounded brands in Australia. The Qantas Group’s primary business is the transportation of clients utilizing two corresponding aircraft brands - Qantas and Jetstar. They likewise work auxiliary
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Introduction: Price discrimination or price differentiation exists when sales of identical goods or services are transacted at different prices from the same provider. In a theoretical market with perfect information‚ perfect substitutes‚ and no transaction costs or prohibition on secondary exchange (or re-selling) to prevent arbitrage‚ price discrimination can only be a feature of monopolistic and oligopolistic markets‚ where market power can be exercised. However‚ product heterogeneity‚ market
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