• Aviation market in Australia continued to be volatile‚ characterized by relatively flat growth‚ low margins and financial pressure. • High rivalty among competitors - Virgin Blue took about a third of the domestic market from Qantas‚ but Qantas fought back by launching Jetstar. Social • Population in Australia is a growing‚ but also aging. The Generation Y represents about 4.5
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apply planning and organizing these two management functions in Qantas‚ in order to help Qantas to deal with the changing environment. 1.2 Scope This report is based on the case study of Qantas. Planning and organizing are the management functions that are the focus in this report. 1.3 Assumptions All the recommendations are made by under the assumption that the company’s financial status is stable and has the personal capability to enforce new strategies. 1.4 Methodology The referenced information
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MGSM860 Strategic Management - Minor Individual Assignment Virgin Australia will become a majority foreign-owned airline after the federal government allowed the cashed up Middle Eastern carrier Etihad to raise its stake to 10 per cent from 4.99 per cent. It will take the combined ownership of Virgin’s three biggest shareholders - Sir Richard Branson’s Virgin Group‚ Air New Zealand and Etihad to 55 per cent. The two airlines have a code-sharing arrangement; the companies offer 24 flights per week
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and Australia. For this reason‚ Qantas Airways has been selected. Qantas is widely regarded as the world ’s leading long distance airline and one of the strongest brands in Australia.Further‚ this report highlights the cultural differences between two countries using the Hofstede and Trompensaars cultural dimension. These cultural differences must be incorporated in the business strategies of Qantas. It is discussed further in the report that what challenges that Qantas will face when they will move
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the airline industry in New Zealand‚ with the main airlines dominating the market‚ which are Air New Zealand and Qantas. The report will provide the main issues about other low carrier airlines entering the industry affecting the main airlines profits‚ which led to the agreement between Air New Zealand and Qantas to still achieve those profits. Also another factor is fuel prices‚ which is a major cost for airlines especially
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Capabilities Capabilities are valuable‚ rare‚ costly to imitate and non substitutable are core competencies. Core competencies are sources of competitive advantage for the firm over its rivals. A sustained competitive advantage is achieved only when the competitors cannot duplicate the benefits of a firm’s strategy or when they lack the resources to attempt imitation. Sustainable competitive advantage results only when all four criteria are satisfied. For a capability to be a core competence
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Service Definition and Categories Qantas Group Qantas Group Jetstar Jetstar Jetstar Australia Jetstar Australia Jetstar Asia Jetstar Asia Jetstar NZ Jetstar NZ Jetstar Pacific Jetstar Pacific For our marketing plan‚ we’ll focus on Jetstar Australia domestic operation. Product Category | Key Product | % of Revenue | Short Haul | JetStar Domestic | 57 | Long Haul | JetStar International | 43 | Customer Definition Jetstar is a low cost carrier that caters for people
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realising that they are sacrificing the comforts provided by a full service airline. Their basic needs and wants ultimately come down to the lowest cost flight‚ secondary to that is service. Jetstar are targeting the right customers as it’s owner Qantas caters for the full service category. They do have fierce competition in that category mainly Virgin Blue then Tiger Air. Virgin Blue probably has a better reputation for providing better service at relatively the same price. This is a potential weakness
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2. Product line………………………………………………. 3. Market analysis…………………………………………… 3.1 Target market analysis 3.2 Market share 3.3 size and growth 4. Market mix strategy analysis…………………………….. 5. Competitor analysis………………………………………. 5.1 Analyze Qantas 5.2 Analyze Tiger 6. Macro environment analysis……………………………… 7. SWOT……………………………………………………. 8. Issue identification…………………………………….….. 8.1 Market risk issue 8.2 Profit issue 9. Conclusion……………………………………………….... 10. Reference lists……………………………………………
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Exam cases: Kodak Virgin Australia Post Pre-seen exam information Semester 2 2012 Global Strategy and Leadership © CPA Australia Ltd 2012 Case Scenario 1 Kodak case facts Eastman Kodak Company (Kodak) was founded in the late 19th century by amateur photographer George Eastman in Rochester‚ New York. With the slogan ‘you press the button‚ we do the rest‚’ Kodak gave consumers the first simple camera in 1888‚ making a cumbersome and complicated process easy to use and readily
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