External/Internal Factors Paper There are many external and internal factors that impact the planning functions of management. We must all be mindful of these factors because they could have an enormous impact on organizations productivity. The process of assessing the external and internal factors that an organization will face can be vital to the planning function of management. One must determine a set of issues and constraints and then list the assumptions that will impact the implementation
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SOUTHWEST AIRLINES CASE STUDY BY Aurelio Montelongo Jr. June 22‚ 2012 Southwest Airlines is in an environment whose conditions for most in this type of industry have been anything but profitable. So why is it that Southwest Airlines‚ who has been profitable in this volatile market been able to make money? Though Southwest did have a losing quarter it was not due to lack of fliers or its service to its customers‚ but an investment in its fuel hedging cost. As fuel dropped in price‚ Southwest
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Google: External/Internal Factors University of Phoenix Google‚ which was created in a dorm room at Stanford University by Larry Page and Sergey Brin‚ is considered the most recognizable and largest search engine in the world. What started as a company of three in 1998 out of a garage in Menlo Park‚ CA is now a worldwide company of over 20‚000 employees. Internal and external factors can have a direct impact on planning‚ organizing‚ leading‚ and controlling a business like Google. Management
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Wendy Galindo Southwest Airlines I. Introduction: Southwest airlines performance in recent years has been outstanding compared to the rest of the airline industry. The company has maintained a stable increase of income‚ having year over year profitability since 1973‚ despite the fact that industry where it competes is characterized by being vulnerable to the recent downward economics and an intense rivalry between competitors. Southwest is one of the US largest airline carriers in terms
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Running head: SOUTHWEST AIRLINES Southwest Airlines William F. White Grand Canyon University Introduction Southwest Airlines took their first flight in June 18‚ 1971. The company got underway more then four years earlier but had a number of tough lawsuits against them before they were able to get their first plane up in the air. Southwest Airlines began serving the Texas cities of Dallas‚ Houston and San Antonio. And then in 1979‚ Southwest Airlines finally made their first voyage outside
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Kelleher at Southwest Airlines “You shouldn’t get too heady about anything‚ because the greatest thing you do is not big in the universe. It’s not saying it doesn’t matter. It matters all the more. You’re fighting against nothingness. But you don’t give up. Therein lies the heroism.” -Kelleher (p.156) Although many have a great respect for Southwest Airlines and their disciplined business decisions. I have a greater respect for their “family like” environment and how they encourage their
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External and Internal Factors of Apple‚ Inc. � � External and Internal Factors of Apple‚ Inc. A successful company requires a firm foundation. Businesses or corporations need to have a strategy in place to help management in the event there is a problem; they have a solution already planned out. They know how to handle any issues that may arise within the company. Apple Corporation‚ Inc. is a wonderful example of a company that is built on a firm foundation. When a company is up-to-date on their
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Internal & External Factors The four functions of management are planning‚ organizing‚ leading‚ and controlling. Planning occurs within these functions of a business‚ and it helps to deliver strategic value. Organizing builds a dynamic organization and leading helps to mobilize people. Controlling is part of learning and changing as an organization grows. All four functions of management are key to effective management. Internal and external factors influence the decision-making process which in
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Southwest Airlines 2008 Introduction : While the airline industry in the USA has not made thriving financial headlines‚ Southwest Airlines has emerged as a successful organization. It has been able to make profit consistently and has sustained itself through difficult situations like recession‚ energy crisis‚ and September 11 terrorist attacks. Problem Statement : The problem under consideration here is: How can Southwest Airlines achieve a sustainable growth in future in spite of increasing
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One of the leading companies in phone‚ internet and cable television today is AT&T. Internal and external factors affect this company everyday yet the four functions of management still have to be carried out. The major five factors that affect the functions of management are globalization‚ technology‚ innovation‚ diversity‚ and ethics. However‚ managers can still use delegation to impact the factors of management. AT&T (American Telephone & Telegraph) is the largest supplier globally of telephone
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