Introduction Quality can be the core of success that sets expectations for performance. It is the factor that makes one organization more productive and run efficiently. There are various ways organizations can implement quality by synthesizing strategic planning and management initiatives. Any organization that doesn’t respect quality as a strategic principle will fail (Dew). Strategy…
Business
Agribusiness Politics in America
Planting Seeds of Profit Political Parties & Interest Groups I. INTRODUCTION The Shaping of an Industry For two months in 1904, writer Upton Sinclair wandered the Chicago stockyards carefully noting the dead rats being shoveled into sausage-grinding machines, the bribed inspectors looking the other way as diseased cows were being slaughtered for beef, and the…
The Media Cartel and its Disregard for Public Good
Less than 100 years ago, America was a different place. Not only were the laws of business and social order different, but the news was one organization that people could count on to tell the truth and expose wrongful practices in business and government. The so-called “muckrakers” of the era had a negative nickname, but…
Speaking, Listening, and Interpretation in Negotiation
“Let us move from the era of confrontation to the era of negotiation.” -Richard M. Nixon, 37th President of the United States Three of the most important aspects of communication in negotiation are listening, speaking, and how information is interpreted. Carolyn Lee writes, “Effective communication skills are essential for negotiators. The gathering of support, selling of…
US Airways Financial Analysis
Working Capital Analysis US Airways: Working Capital: (Year: 2001) Current Ratio: (Year 2001) (Dollars in millions) Current Assets $ 1,775 Current Assets $1,775 = 0.58 Less current Liabilities -3,026 Current Liabilities $3,026 Working Capital $1,231 Working Capital: (Year 2000) Current Ratio (Year 2000) Current Assets $ 2,592 Current Assets $2,592 = 0.88 Less current Liabilities…
US Airways Courses of Action
Alternative Actions Plane Efficiency US Airways has seen many recurrences of its planes not being used to their fullest capacity. For example, US Airways has Boeing 767-200ERs that hold, on average, 203 passengers and it also has Boeing 737-300s that hold an average of 126 passengers (16). If US Airways is planning on sending out…
US Airways Critical Issues
International Expansion US Airways expanded into the international market to take advantage of an increase in foreign travel to and from the United States. To provide for this expansion, US Airways purchased new wide-bodied aircrafts, upgraded the Philadelphia international terminal, and expanded international destinations (23). However, after September 11 international travel statistics changed. There was…
US Airways SPACE Matrix
Internal Strategic Position External Strategic Position Financial Strengths Rating Environmental Stability Rating Assets 5 Fuel Fluctuation -5 Liquidity 2 Consumer Confidence -6 Governmental Aid 6 Price Elasticity -2 Working Capital 1 Barrier to Enter Market -3 Cash Flow 1 Government Regulations -3 Financial Stability 1 Total Score 16 Total Score -19 Average Score 2.67 Average…
US Airways EFE Matrix
External Factor Evaluation Matrix For US Airways Key External Factors Weight Rating Weighted score Opportunities 1. Point to point flight patterns 0.20 1 0.20 2. Guarenteed money after bankruptcy 0.06 3 0.18 3. Partnership 0.07 4 0.28 4. Governmental aid 0.10 4 0.40 5. Increase consumer confidence 0.02 3 0.06 6. Stronger economy 0.02 3…
US Airways IFE Matrix
Internal Factor Evaluation Matrix for US Airways Key Internal Factors Weight Rating Weighted Score Internal Strengths 1. Variety of planes / excessive assets 0.11 4 0.44 2. East Coast dominance 0.04 3 0.12 3. Financial recognition of instability 0.01 3 0.03 4. Customer satisfaction 0.07 4 0.28 5. Competition 0.04 3 0.12 6. New C.E.O.…