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.
Nobody downloaded yet

Market Solution - Essay Example

Comments (0)
Summary
Market Solution Name University Market Solution Identification of the problem Classic Airlines is one of the most successful airlines operating today and happens to be the fifth best airlines operating around the globe. The success of the company can be measured through the fleet of 375 aircrafts that are operational in more than 240 regions at a daily average of more than 2300 flights…
Download full paper
GRAB THE BEST PAPER

Extract of sample
Market Solution

Download file to see previous pages... Recently, the organization experienced a drop in the share prices by 10%. The organization is said to be suffering from low employee satisfaction as reported by popular media such as the Wall Street. The organization has even started experiencing a decrease in customer loyalty as the organization has seen a decline in the enrollment of the customers in the Reward program of the organization. The airlines witnessed a 20% decline in the customers enrolling in the reward program and they have started shifting towards the competitors of the airlines. The airline is even suffering from the issue of an increase in the operating costs due to increased labor and fuel cost. The organization can alter its problematic situation and can earn higher profits. Its problems can help it grow and attain success; they need to carefully handle the entire problematic situation. While dealing with the issue of decline in customers, the airline needs to distinguish between its essential customers and everyday customers. They need to provide more personalized services to certain customers which will help the airlines to gain attention in the market. The customers will further help the airline in increasing their customer base. Satisfied customers will pass on satisfactory messages to other consumers which will result in an increase in the customers for the airline and will further help in decreasing the overall marketing costs. One of the major changes that the airline needs to make is to change its current reward program. They can enhance their reward program by creating a program or changing their current program after analyzing the programs that are created by their competitors. Altering the current reward program of the airlines will enhance customer satisfaction and consumers will start giving preference to the airline’s reward program. The airline even needs to focus on how to decrease their operational costs. One such method is the introduction of winglet which will result in decreased consumption of fuels by the aircrafts. Several problems related to the airline have been identified by the different stakeholders of the company. Stakeholder issues need to be considered while solving the issues of the company because these stakeholders lead to the success and failure of the organization. The stockholders of the organization are of the opinion that the share prices of the organization have declined very sharply and this is hampering their investments. They believe that the share prices of the organization can be increased if the organization starts satisfying customers and customer loyalty is one of the essential things that need to be created in the market for the success of the company. The management is of the idea that the organization is not completely fulfilling the needs of the consumers and once these needs are fulfilled, consumers will start becoming loyal to the organization. Employees of the organization are mainly concerned about the negative reviews of the organization in the popular media. The employee union of the organization is concerned about job losses, decrease in salaries of the workers, dissatisfied workforce and they want to ensure that workers are compensated equally according to their hard work and performance. Similarly, the government and the officials ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Classic Airlines Marketing Solution
However, the approach is similar as finding a solution is applicable in both. Ideally, it will not be wise to close down a business because of the problems encountered. In order to solve a problem, it is crucial to apply the relevant problem solving skills in order to overturn the outcomes (Blais, 2012).
6 Pages(1500 words)Essay
Market
Perhaps his success can partly be attributed to the cult of personality around him and partly because of his wife. His wife Eva Duarte rose from being a singer into becoming Peron’s mistress while serving as a military officer. Peron married her before rising to presidency.
5 Pages(1250 words)Essay
Security Solution
Although the company has been in the market for a long time with great enjoyments of big shares, its privacy has been disclosed to intruders who has caused it harm of losing customers confidence. The company’s strategies and its functional information have been intruded up by some of its core competitors.
3 Pages(750 words)Essay
Problem Solution Global Communications
Some decisions affect one or two aspects of the organization, while others are life threatening towards survival of the organization. Katrina Heinz, the chief executive officer of Global Communications (GC) was hired to six month earlier to increase company's revenues and profits.
14 Pages(3500 words)Essay
Carbon Market
Sadly, this practice is not working efficiently. The reason for the unsuccessful plan is that the price of the carbon dioxide was soaring at the beginning and now it has plummeted. The initial price for 30 euro and now it is around 10. This hardly represents any motivation for the companies to invest in low-carbon technologies.
3 Pages(750 words)Essay
Deficiency in the Neo-Classical Labour Market Model and Possible Solution
More cannot be manufactured, and there are also a variance in available skills, experience and education levels. Labourers can also only work so many hours in a day, and have a choice in how long they want to work at what price. This is where the Neo-Classical theory stems from, as philosophers realized that the labour market function differently from other markets as there are more variables influencing the supply and demand.
4 Pages(1000 words)Essay
Solution
Li, 2006). China's prevention program provides important lessons to individuals, community providers, health insurance, and research as one company has provided health management services for its employees since 1987 and, through controlling factors like hypertension, fat intake, and smoking, has saved nearly $ 40 million every year.
9 Pages(2250 words)Essay
Can the market solve the ozone problem
Many of those who would be affected by a tremendous hole in the ozone layer are not present here to protest. That is why one might be less sanguine about the possibility of a market
8 Pages(2000 words)Essay
Market Solution
It has been able to keep up with profits regardless of the various problems it has encountered. During the past year, a ten percent downfall in share prices
9 Pages(2250 words)Essay
Solution
2014). “Content marketing is a marketing technique of creating and distributing valuable, relevant and consistent content to attract and acquire a clearly defined audience – with the objective of driving
3 Pages(750 words)Essay
Let us find you another Essay on topic Market Solution for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us