The estimated pre-tax profit was $2.6 billion with a 15% return on invested capital. There had been a 48% increase in operating profit to $2.7 billion, during the first nine months of the year 2013. This…
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Thus, Delta has emphasized upon capacity discipline and returns on capital. In addition, it has persistently undertaken innovative actions that have distinguished it from the other airlines (Flightglobal).
In addition, the chief executive of Delta, Anderson has consistently been undertaking bold and innovative moves. One of these is the merger with Northwest Airlines. This took place in the year 2008, and brought about what could probably be the last major merger in the US airline industry, namely the merger of American Airlines with US Airways (Flightglobal).
Furthermore, Delta has announced capital deployment to the tune of $12.5 billion. This includes the first stock dividend among US carriers, after a decade; acquisition of an oil refinery; and the purchase of equity in Aeromexico, Gol, and Virgin Atlantic. This capital deployment plan spans a five year period. During this period $10 billion are to be invested in the carrier, $3 billion in reducing debt, and $1 billion is to be returned to the shareholders (Flightglobal).
The latter amount is to be returned via stock buybacks and the payment of dividend. This has been regarded by many as having the capacity to endanger Delta, due to the traditional volatility of the airline industry. However, Anderson has largely ignored these pessimistic opinions (Flightglobal).
Anderson has maintained that despite the airlines industry being volatile, there have been several instances where companies have performed with great success. According to him, the global economy tends to volatile. However, several industries have succeeded, despite this volatility. Anderson reiterates that the individual action taken to buffer and render the enterprise successful plays a more important role than the volatility of the market (Flightglobal).
One of the principal strategies adopted by Delta to minimize volatility is debt reduction. The capital program being implemented by Delta,
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In their introductory messages, both the chairman and president of Toyota address several challenges and opportunities faced by the company. While going through their introductory messages, it seems that the chairman of the company considers implications of the Great East Japan Earthquake as one of the biggest external threats to the Toyota.
Toyota’s top management is always in touch with the workplace by observing day to day operations and suggesting appropriate changes with intent to create a share understanding within the workplace. The increasing profitability seems to be another potential strength of the organization, because it creates a range of opportunities for the company in the world market.
Their first car models were sold back in 1936, priced about 400 yen cheaper than Ford models. This from the very beginning, there was an emphasis on quality, low price and innovative techniques. These very principles plus customer convenience and ergonomic design form the backbone of production in the Toyota plants all the world over.
This resulted to the argument that they should restructure the management in order for all those involved to benefit. The technology which is referred to as the new JIT (Just in Time) is regarded by many as one that would require a lot of capital in order to effectively install and maintain it as the company was initially used to the old technologies that were less demanding and did not require expertise (Johnson et al, 2008).
Marketing channel teams are responsible for performing a number of tasks which includes: promotion of products, ordering, risk sharing, payment collection, collection of information, title taking and transfer, and financing of inventories (Kotler & Keller, 2005).
Furthermore, the likes of Netflix and VoD have eliminated the need for movie viewers to go to cinema halls, since they can watch movies at the comfort of their homes, at a much lower cost. These developments have proved to be a real problem for Veraz as they reduce its potential revenue sources, but the company has adapted to this problem by adopting 3D, which is actually getting people back to cinema halls.
An alliance describes a voluntary association which promotes the common interests of the members. Hence, strategic alliance refers to a voluntary form of grouping where firms come together for a common objective within a
On the other hand, inflation also raises the total costs of everything hence making retaliatory prices to increase. The cost of benefits is likely to rise due to their very structure (Tovstiga, 2013). Therefore, profit improvement and cost
In addition, during my college years, I ensured that I gain the necessary experience, an aspect that enabled me to maintain a 2.1 in the subject throughout the year.
Besides my performance in school, I have a working experience. For instance, I have been
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