Easy Jet And The Recession - Essay Example

Comments (1) Cite this document
Summary
Theories are termed as perspectives through which people can make sense of global experiences (Stoner, et al. 1995, p. 31). Thus theory is a systematic grouping of concepts which are interdependent and principles which provides a framework to tie together a significant area of knowledge. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Easy Jet And The Recession
Read TextPreview

Extract of sample "Easy Jet And The Recession"

Download file to see previous pages Data which are scattered are not information until and unless the observers have the accurate knowledge of the theories that needs to explain the relationships. Therefore according to Homans (1958) theory can be defined as “in its lowest form a classification, a set of pigeon holes, a filing cabinet in which fact can accumulate. Nothing is more lost than a loose fact” (Homans 1958, p. 5). The principles of management are the fundamental truth which explains the relationships between the different set of variables which usually constitute of dependent variable and independent variable. Mangers often apply the theories with the practical life and help to solve problems in the future and present which might occur in the organisation. Thus it can be said that there are mainly three major reasons as to why managers needs to know about the management theories are firstly the theories provides focus for understanding the experiences and relevance. Secondly, with the help of theories mangers are able to communicate and has the capacity to move into a more complex relationships. Thirdly, with the help of theories mangers can learn about the ongoing into the world (Olum, 2004, p. 1-11). Management theories accounts for and helps to interpret the rapidly changing environment in the organisations. This paper aims to deals with different types of management theories such as scientific theory, behavioural school, management science, system approach, contingent approach, and dynamic engagement approach (Thenmozhi, n.d). Another important aspect in an organisation is the culture and this can be well explained with the help of competing value approach. According to Quinn and Rohrbaugh (1983) it is the most conceptual model of culture. This model of competing value approach can be one of the four types that has been categorised, which constitute of clan, market, hierarchy and adhocracy. The clan culture based on the framework emphasise goal, participation and shared values and also a sense of family. Market culture tends to emphasis environmental interaction, competition, as well as customer orientation. Adhocracy usually emphasis creativity, entrepreneurships and also adaptability and hierarchy constitute of rules and regulations, lines of concerned authority and efficiency (Smart, 2010, p.389). Figure 1: Competing Value Framework (Source: Rainey, 2009, p.164) The competing value framework tends to work closely with the management theories. Most of the organisation tends to apply all the factors included in the competing framework. The four factors are equally important for the effective working of the organisation. The model helps a manger to understand the working conditions of the environment and finally match the culture with respect to the operational climate. 2.0 The Organisation Easy jet is one of the successful low cost airlines in Europe, established in the year 1995. It is based in London Luton airport and operates domestic and international services to about 400 routes in Europe and carries about 40 million passengers in a year. The airline industry and the travel agencies are competing with each other in order to build up a strong online ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Easy Jet And The Recession Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/business/1398904-easyjet-and-the-recession
(Easy Jet And The Recession Essay Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.org/business/1398904-easyjet-and-the-recession.
“Easy Jet And The Recession Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/business/1398904-easyjet-and-the-recession.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
pl
plangosh added comment 9 months ago
Student rated this paper as
I never thought 2250 words essay could be written in such a free manner. I loved the idea of this essay. Will definitely use it for my own work!

CHECK THESE SAMPLES OF Easy Jet And The Recession

Longitudinal Strategic Development Study on easy Jet

...Executive, the airline has given an exceptionally tremendous performance which is considered as a tribute to the business and its people. During the recession easy jet could make profit of 43.7 million euro and an increase in revenue by 12.9% this was possible because of the factors like better network quality and lower cost. Thus easy jet would stick on its ground of being a low cost carrier and providing the people with safety (Easy jet, 2009). The company can also introduce new strategic polices which would help the airlines in a positive way and help it to generate revenue. Future: Strategic Decision for the Future...
15 Pages(3750 words)Essay

Easy Jet Airline Company

...Easy jet This is a study about Easy Jet Airline Company. The study will explore the strategies of the company that have made it more successful than its competitors. More specifically, this study will discuss the marketing strategy of Easy Jet Company and compare its pricing strategy with that of its competitors. Easy Jet is an airline company with its headquarters in London, Luton airport. In United Kingdom, Easy Jet is one of the largest airline companies, with a high number of passengers and operations both internationally and domestically. The company has more than...
5 Pages(1250 words)Term Paper

Easy Jet

...of competitors, their strategies, cost cutting ways and factors increasing sales are of paramount importance for EasyJet (Mayer 2003, pp. 9-11). Distributors of EasyJet mainly consist of Internet Booking System and Telephone reservation Systems. These two modes of distribution are easy, user-friendly and flexible for the customers. These modes can be accessed anywhere and with minimal time to process their request. These distribution modes are technologically equipped and hence less chance of error or frauds are present. Since 90 percent of EasyJet’s sales is acquired through internet Booking systems, the business is highly dependent on it. This distribution channel may harm the business’s reputation if some error occurs...
4 Pages(1000 words)Essay

Business Analysis of Easy Jet

...Business Analysis of Easy Jet Table of Contents 0.00 Executive Summary 1.1Introducion 1.1.1 The Mission, Vision and Objectives of Easy Jet 1.2External Analysis of Easy Jet-The PESTLE Framework 1.2.1Easy Jet and the Five Forces Framework 1.3 Internal Analysis of Easy Jet-The SWOT Matrix 1.3.1 Easy Jet and Porters Competitive Advantage/Core Competencies 1.3.2 Easy Jet and Porters Generic Strategy 1.4Conclusion and Recommendation Executive Summary Easy jet is one of the largest low-cost airlines in Europe competing actively with other key players like Easy jet, Ryan air, Flybe etc. With, the study initiated to provide a management and business analysis report to the board on how to develop... the...
15 Pages(2500 words)Research Paper

E-Marketing Review for Easy Jet

...E-MARKETING REVIEW FOR EASY JET Management Summary This is a report about the e-marketing management of the easyJet airline which is one of the airlines which has embraced the concept of online bookings. Under this arrangement, the company has been able to cut a portion of the market and its customer base has been rising since it started online bookings in 1998. The company has been able to commence other service and integrate them with its websites such that customers have more access to various services through one search engine. This has helped the company to grow and diversify its range of product. EasyJet was founded by Sir Stelios Haji-loannou in 1995 as a family business. Up to date, the family remains a major shareholder... in the...
16 Pages(4000 words)Case Study

EASY JET (ONE BUDGET AIRLINE)

...CONTENTS Page Q Is budget airline segment an attractive place to compete 2 Figure Porter's Five Forces 4 Q. 2. How can Easy Jetdeliver such low prices 6 Figure 2: Porter's Value Chain Model 7 Q. 3. How does Easy Jet create value for the customers 9 Figure 3: Consolidated cash flow statement (unaudited) 11 Q. 4.Should Stelios extend the Easy brand 13 Q.4.a. Will Stelios have the core competence to deliver the product successfully to the market 13 Q.4.b. What are the key success factors for each of these new businesses 14 Q.4.c. Will Stelios have the core competence to deliver the product successfully ...
10 Pages(2500 words)Essay

Direct Marketing Communications Campaign in Easy Jet

...DIRECT MARKETING COMMUNICATION CAMPAIGN IN EASY JET Introduction Communication is one of the most important aspects of any organization. Communication forms a core factor in the operation of any company as it enables a company to function well. Communication is very important since it forms a link between the organization and its customers. It forms the main channel through which the management of an organization communicates with the customers. Therefore communication is central to the function of an organization. Communication is not centered only on the communication of the company with the customers but also it affects the internal relations within the company. Internal communication in an organization is the stepping stone... taken the...
10 Pages(2500 words)Case Study

Easy Jet Airlines

...Easy Jet Airlines Introduction to Easy Jet Airlines Easy Jet airlines was launched in November 1995 and became the Europe’s leading low cost airlines by adopting an efficiency-driven operational model, creating brand awareness and maintaining high level of customer satisfaction. Stelios, founder and CEO of easyJet Airlines, was known for Commitment; fundamental coaching skills, ability to delegate tasks, Effective communication: influence and negotiation, Unanimous decision that the individual is a leader (projected by followers), Visionary and commences follower loyalty in accepting and achieving vision, Exceptional decision making...
6 Pages(1500 words)Essay

E-Marketing Review for Easy Jet

...EasyJet they would find that it is not easy. To build up relationships at numerous verticals i.e. the airport authority, the customers, the government agencies, etc won’t be a piece of cake for anyone. Moreover the prevailing economic situation in the world due to the subprime crisis and credit crisis the future economic outlook for the world or for UK does not look bright. Recently the International Monetary Fund or the IMF has warned that UK should brace or the worst kind of recession it has not seen for the next sixty years. IMF has also predicted that this year the UK economy would shrink by another 4.1%. (Worse recession in 60 years warns IMF - UK economy braced for "severe...
20 Pages(5000 words)Essay

SWOT analysis: Easy Jet airlines

...SWOT analysis: Easy Jet airlines al Affiliation) STRENGTHS: Easy jet has gained a reputation for providing the cheapest within the UK and Europe Easy jet has undertaken corporate social responsibility by embracing environmental conservation and its strategies are geared towards environmental protection The airline has gained significant market share in the airline industry. In 2014 more than 50million used the jet a 12% increase from the previous year. The airline has good advertising with its clients through the use of a very attractive website. For instance it offers online promotional alerts to its clients The...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Easy Jet And The Recession for FREE!

Contact Us