Nobody downloaded yet

Key Developments in Airline and Automotive Industry and Respective Business Organization - Assignment Example

Comments (0) Cite this document
Summary
This assignment is aimed at applying the theoretical side of the study of operations management to a real-world company. The writer will examine and evaluate how the key industry developments are contributing to improving the effectiveness of the operations of businesses…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Key Developments in Airline and Automotive Industry and Respective Business Organization
Read TextPreview

Extract of sample "Key Developments in Airline and Automotive Industry and Respective Business Organization"

Download file to see previous pages It is about the various operations that are performed on the goods and services from the moment their production starts to the moment the customer receives it. Operations management consists of ten areas in which an operations manager has to make the right decisions so as to fit the company’s strategic vision with what the budget allows, and to achieve that competitive advantage too, all at the same time.
A strategy is the course of action that a company aims to take with respect to achieving a particular goal. The strategic fit would be when the company has very well integrated the firm’s mission as well as the strategies along with the internal capabilities that it has and the external environment that it has to survive in. thus, missions (what needs to be achieved), as well as the strategies (how it needs to be achieved), must be in alignment with what the company is capable of doing itself and how much the outside environment and externalities will allow it to perform. (Slack, 2005)
As far as operations management is concerned, the operations manager has to take decisions in ten critical areas. They are product design, quality management, process design, location selection, layout design, human resources, supply chain management, inventory, scheduling, and maintenance. When it comes to operations management, the operations manager has a wide variety of choices as to how to go about it. Operations management is all about increasing the productivity of the company, thus efficiency has to be present, along with effectiveness in the first place.
With the rise of competition, it can be said that new methods need to be found which will keep an air cargo company going and at least give him a place in the top cargo service providers of the country. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Key Developments in Airline and Automotive Industry and Respective Assignment, n.d.)
Key Developments in Airline and Automotive Industry and Respective Assignment. Retrieved from https://studentshare.org/business/1560826-operations-management-key-recent-developments-of-operations-design-and-practise-in-airline-and-automotive-car-industry
(Key Developments in Airline and Automotive Industry and Respective Assignment)
Key Developments in Airline and Automotive Industry and Respective Assignment. https://studentshare.org/business/1560826-operations-management-key-recent-developments-of-operations-design-and-practise-in-airline-and-automotive-car-industry.
“Key Developments in Airline and Automotive Industry and Respective Assignment”, n.d. https://studentshare.org/business/1560826-operations-management-key-recent-developments-of-operations-design-and-practise-in-airline-and-automotive-car-industry.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Key Developments in Airline and Automotive Industry and Respective Business Organization

Automotive Industry Analysis

... & Industry Analysis  Outline I. Historical Overview of the automotive industry II. Recent events that have significantly affected the structure of the industry III. Industry Analysis a. The degree of rivalry b. Threats of substitutes c. Barrier to entry d. Buyer and supplier power IV. Intra-Industry Analysis  V. The Future of the Industry  Historical Overview of the automotive industry Various innovations influence the evolution of the automotive industry such as fuel, vehicle machinery, manufacturing practices and societal transformation. Other influences outside the industry include changes in the markets, changes in business structures and suppliers. Tichy (20-23) describes that the major evolution in the automotive industry... and...
9 Pages(2250 words)Research Paper

Airline industry

...?The airline industry is one of the most powerful industries in the world. In this industry generated $712 billion in sales in the US and 986billion worldwide (Plunkett Research). The demand and supply of airline tickets varies a lot by season. In the good season which is Christmas and summer the demand for airline travels goes up. During this season since the supply cannot keep up with the demand the prices of air travel tickets goes up. During low season the airlines utilize a lower pricing strategy in order to attract more customers. As prices goes down the demand for air travel rises. During off season the supply of...
2 Pages(500 words)Coursework

Airline Industry

...considerable challenges for the organization (Datamonitor, 2006, p.19). Strategic issues in merger with Iberia Key issues Identification and Analysis The analysis of the airlines internal and external business environment of British Airways reveals certain areas that emerge as key issues for the organization’s sustainability in the market. These include firstly, finding out sources of funds during times of credit crunch in the market. This assumes significance considering the fact that airlines is a highly capital intensive industry and its expansion requires sufficient funds. Secondly the aspect of poor...
12 Pages(3000 words)Dissertation

Global Marketing - Automotive Industry

...industry 1.0 Introduction Toyota Motor Corporation, a Japanese multi-national, is currently the largest automotive company in the world by ratio of production output, comparative revenues and market capitalisation (OICA 2013). In 2013, Toyota sustained revenues of 22.06 trillion yen (Toyota 2013). The company produced, globally, 9.9 million different automobiles (Toyota 2013) which surpassed the total output of main competitors including General Motors and Ford. Toyota currently maintains ownership of the Lexus and Scion brand, a business strategy designed to diversify the company and cater to a wider variety of global target market consumers. Toyota maintains production facilities in 27...
16 Pages(4000 words)Essay

Airline Industry

...the industry make out as being significant, as well as exclusively positioning the corporation to meet up those requirements. In this case Lufthansa will also be satisfied for its individuality by way of a best price. The following are the responses to identified threats and opportunities in the international airlines industry environment . There are ten organizations in the international airline industry that are at the forefront, and Lufthansa is one of them. Lufthansa is the world's number one cargo transporter also one of the most important traveler carriers. During 1994, the programmed traveler marketplace was worth an...
13 Pages(3250 words)Essay

Automotive Industry Marketing

...MARKETING of the industry Car industry or automotive industry is one of the oldest industries in the world. It has a long history that starts with the discovery of wheel in Mesopotamia and the consequent construction of John Macadam's roads. It was made a dream with the invention of the engine which actually revolutionized the industry. The industry is involved in the design, development, manufacture, marketing and sale of motor vehicles. The industry is involved in the production and sales of more that 70milino cars in the world. There are major places in the industry...
5 Pages(1250 words)Essay

Airline Industry

...and the strategic planning for airport plans are prepared keeping in mind the future vision of the airport industry. It determines strategies, goals and objectives for the development or success of the organisation together with the type of products and services it provides and assists in achieving the vision and objectives of the industry. The airport’s simple strategic planning “formula” for product differentiation is: “Low Cost × High Service = Excellent Customer Value.” The setting of strategic planning process in the airline industry is influenced by product differentiation. The implementation of strategic planning needs the opinion of stakeholders...
13 Pages(3250 words)Essay

Key Developments within the Global Airline Industry

...Key developments within the global airline industry Introduction Globalisation has led to integrated and interdependent economic economy that has led to increased interdependence among national economies and institutions. Globalisation has been facilitated by the rapid technological advancements, reduction in the barriers to goods and investment flows between nations. Some aspects of technological advancements include electronic commerce, commercial jet travels, telecommunications and high power computing. The last 30 years has seen high development of the global airline industry whereby more than 2000...
10 Pages(2500 words)Essay

Airline Industry

...industry has changed, thereby promoting competition. PESTLE Analysis: Factors THE EUROPEAN AIRLINE INDUSTRY: PESTLE FACTORS Political A highly political industry affected by the presence of bilateral agreements, increased deregulation and consensus on open-sky policies. Issues pertaining to the link between terrorism and the airline industry The ‘buy and sell’ concept vis-à-vis the financial power of small vs. big airlines (Captain & Sickles, 1997). Social Dynamic class of customers The ever-dynamic fashions and tastes of holiday seasons The increased rate of the female business traveler...
4 Pages(1000 words)Assignment

Australian Automotive Industry

...depression in 1930s the Australian Automotive Industry has evolved to become one of the major players in the car manufacturing globally and presently Australia is amongst the only 15 countries which are able to transform a concept of developing cars to its actual production. The automotive sector is a major source of employment and investment in research and development. With companies like Toyota, Ford, Holden and Mitsubishi having their production sites in Australia and more than 200 component firms producing components for the car manufacturing industry the Australian Automotive Industry is all set...
12 Pages(3000 words)Assignment
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 Assignment on topic Key Developments in Airline and Automotive Industry and Respective Business Organization for FREE!

Contact Us