Preview

Key Success Factor

Good Essays
Open Document
Open Document
825 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Key Success Factor
INDIVIDUAL ASSIGNMENT TWO

SPECIFIC INSTRUCTIONS

This assignment is based on AirAsia, one of the Malaysia’s low cost airlines. The case study below provides some basic background information. You are however encouraged to source more information about the low-cost airline concept, the Malaysia airline industry and AirAsia’s key competitors, Tiger Airways, Jetstar and Firefly.

Ten marks (10) will be allocated for the technical quality of the assignment and students will be penalized if the answers exceed the maximum length requirements.

QUESTION 1

Identify and briefly describe four (4) trends in the macro environment that will have an influence on the low cost airline industry.

(20 marks)

Structure your answer using the following table format:

| TRENDS |DESCRIPTION OF TRENDS |IMPACT ON INDUSTRY |
|1. | | |
|2. | | |
|3. | | |
|4. | | |

Note: Economic, social, international and technological factors are labels to classify a trend. High inflation is an example of an economic trend, demand for ‘green products’ is an example of an environmental trend and the empowerment of woman is an example of a social cultural trend. Please do not use the terms: technological, economic, social cultural, demographic or international as names of trends. Define the specific trend: i.e. state that consumers have more disposable income instead of just stating economic trend.

Maximum length: 400 words

QUESTION 2

You May Also Find These Documents Helpful

  • Good Essays

    Week 4 Problems

    • 881 Words
    • 4 Pages

    6. Consider that following short-run production function (where L = variable input, Q = output):…

    • 881 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. Discuss the trends in the U.S. airline industry and how these trends might impact a company’s strategy.…

    • 552 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    As technology rapidly develops in the 21st century, so are goods and services in the competitive market. The airline industry in Asia is one of those undergoing ¡§a tidal wave of changes¡¨, causing a drastic alteration in the business landscape. Some of these changes were not heard of before,…

    • 2522 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Factors of Success

    • 1332 Words
    • 6 Pages

    Success is a term that many use as a way to describe ideals. Living in a world that exalts the extraordinary, praises the leaders, and puts the best up on a pedestal, it is not hard to guess why achieving success is what the human race strives to do. Youth look up to the exceptional people in their life, media grasps stories of thriving individuals, and the world idolizes those who stand out. People endeavor great struggles and hardships to obtain that blissful feeling of reward and individuals are taught from day one to do whatever it takes to thrive. The book Outliers by Malcolm Gladwell is a story of success and how it is achieved. Though having many different theories on success, the story focuses on the sociological phenomena of the importance of all the factors it takes to truly be an accomplished individual. Malcolm Gladwell uses different anecdotes and real life examples in his book Outliers to illustrate how success is not just solely ambition and other intrinsic factors, but a function of broader points influenced by innate, societal, and cultural factors.…

    • 1332 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Critical Success Factors

    • 1971 Words
    • 8 Pages

    Michel Ruel P.E. President, TOP Control Inc 4734 Sonseeahray Drive 49, Bel-Air St, #103 Hubertus, WI 53033 Levis Qc G6W 6K9 USA Canada mruel@topcontrol.com…

    • 1971 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    How to Write a Cv

    • 609 Words
    • 3 Pages

    Grade point or marks earned in Language courses in School Final/O level/ SSC/ GCSE/ Equivalent Exam…

    • 609 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Case Easyjet

    • 651 Words
    • 3 Pages

    Q2: Discuss factors that have affected the nature of costs in the airline industry since 2000. How have these factors affected pricing decisions?…

    • 651 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business model is a low cost carrier, it require the operation to be lean, simple and efficient. The several key that AirAsia have been employed toward this effect, including: • • • • • • Safety First High Aircraft Utilization Low Fare, No Frills Streamline Operation Lean Distribution System Point to Point Network…

    • 4244 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Critical Success Factors

    • 423 Words
    • 3 Pages

    Strategic Relevance of OTISLINE can be better understood by analyzing the business background, Industry and the Critical Success Factors of OTIS.…

    • 423 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Briefly describe the trends in the global airline industry. Firstly, cost pressures on airlines continue to be high. The industry is facing many challenges on the cost side. For instance, jet fuel costs, which are directly correlated with oil prices, continue to rise.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Bargaining power of customer-High- Customers are the main factor which influences the industry to either make a loss or profit. Nowadays, customers are much more knowledgeable and comparative compared to previous. Thus, they are very sensitive to the hike and drop of prices, regardless the product or service. In this assignment, AirAsia always provides the lowest price to customers, but the act of comparing between airlines still exist. AirAsia is not the only one providing an airline service thus, for a customer to switch between airline services is simple. For example, customer may still choose MAS, Tiger Airway or even Firefly.…

    • 763 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Air Asia

    • 846 Words
    • 4 Pages

    The competition is one of the major challenges that Air Asia is facing. Other airlines (in this case Malaysia Airlines) are lowering the price even though targeted market is different. With the increase of fuel price and higher labor cost, Air Asia has to keep the ambition of being low cost but high quality and innovative airlines. One of Air Asia mission is to be globally recognized as ASEAN brand.…

    • 846 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    keys to success

    • 428 Words
    • 2 Pages

    There are three key foundations to successful online learning: organization, time management and communication. All three of these elements play a role in both my career field and for my online learning. After reading through articles based on these topics, the same underlying theme is apparent and I will discuss how this is used in my career.…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Key to Success

    • 455 Words
    • 2 Pages

    Q: “What is the most important thing you learned in your journey in life? Explain.”…

    • 455 Words
    • 2 Pages
    Good Essays
  • Good Essays

    success factors

    • 810 Words
    • 3 Pages

    As a leader, are you maximizing your growth potential will be determined by how comfortable or stretched do you feel in your current role? People act and work differently based on their culture, thinking, upbringing, personality, competency, and of course genes etc. At the same time education and practice continue to have an impact on intellect. Myth: IQ for an individual is fixed. Most experts now agree that it is not the case and genes require input from environment to develop properly for development of IQ.…

    • 810 Words
    • 3 Pages
    Good Essays