Ryanair Economic Analysis Essays

Ryanair Economic Analysis Essays Ryanair Economic Analysis Paper Ryanair Economic Analysis Paper Data for passengers on route to London Source: CA airline/airport statistics The numbers of passengers traveling by LLC airlines are also increasing ever since its entrants as shown in the statistics below: Total annual alarm passenger movements In 1 Source: Commission for Integrated Transport The LLC market is an oligopoly market as there are 3 major airlines which dominate approximately 70% of the market. The products are homogeneous, which is low cost IR travel though there are slight differentiation in terms of customer service, travel destinations and flexibility of travel times. The firms within the market engage in price wars where they cut prices to grab a larger market share. The firms maintain their customers loyalty by offering the low air fares and brand themselves through advertising. Some customers may stick to an airline provider for some reasons such as convenience, flexibility and brand loyalty. Therefore, when another firm sells at a higher price, it doesnt mean that the customer will switch airlines. However, it also isnt mean that the customers wont switch because are no restrictions or switching costs involved. A factor which may cause customers to switch is when the price difference is too high to tolerate. In this market there is a significant barrier to entry because of the high set up cost. It is also difficult to penetrate the market because of the 3 major firms which accounts for a huge market share. The LLC market also shows some characteristics of monopolistic competition because of there are many other LLC airlines. There are also no legal barriers to entry because there are legal restrictions to enter the market. Moreover, the governments show that they want to encourage competition in this industry when the Irish government rejected a takeover of Are Lingua by Ryan in 2009 (Reuters). Conduct Ryan conducts its business by cutting costs and lowering air fare prices. The company cuts cost through many ways such as using secondary airports, reducing the weight of their airplanes, reducing staff costs, removing bookings through travel agents and removing in-flight meals. The company commits to the basic service to their customer which is flying them from one place to another without delays. Any ore than that, the customers will be charged. Ryan charges the customers for various things such as in-flight meals, payment handling fees, wheelchair usage and online check-in (BBC 2009). The company also charges their staffs for training and interview sessions to reduce staff costs (Creator 2005). Since Ryan aims to provide the lowest air fare prices, they maximize airplanes capacity by removing business class and first class space. There are no pricing agreements arranged between other LLC operators, therefore, the prices of tickets varies. Non-price competition also exists in the LLC market. Ryan commits to provide customer service and flight punctuality. Performance The revenue of Ryan has been increasing from financial year 2000 to 2009. Although the revenue has been increasing, the company made a net loss of ?169 million in the financial year 2009. This was due to an increase in oil prices and has increased the operating expenses. The fuel bill rose by 59% as compared to the Atlanta year 2 Source: Orbits 200,000 E-Resource for Company Information Besides that, the number of passengers carried has also increased since financial year 2001 as shown in the graph below.

12-Years a Slave Assignment Example | Topics and Well Written Essays - 500 words

12-Years a Slave - Assignment Example He seems to be thinking hard about his present situation. The lighting of this particular picture is dull and unclear with the contrast being low. The colorization also, black and white, portrays a man who is sad, devastated and stressed because of his present situation. In the second birds-eye-view shot, a flashback, Northup appears to be contented with his state of being. He seems satisfied sharing bed with his wife and appears to be â€Å"at home." The picture colorization is bright and presents a situation where Northup is optimistic about the future. The difference in picture colorization presents different emotions and situations. The black and white picture color portrays a dull, unhappy mood while the colored picture presents a happy mood. In the first birds-eye-shot, Northup’s mood is depressed. Obviously, in his state as a slave, he is feeling lonely because his family is not with him. With his apparent state of being locked up and beaten, he also seems heart broken. In the second birds-eye-shot, Northup being with his family, the mood the pictures presents are warm. He is not only harmonious with his being but also calm and warm having his family around him. In the same setting, in the bed, Northup is even planning of the future with his wife. The shots and camera movements used in 12 years a slave are a variety. Sean Bobbitt the man behind the camera positioning of the film says most shots were taken when camera was handheld especially for the extended shots. With the handheld technique, Bobbitt explains that most people overuse the technique and at times do not bring out the intended results or does not tell the story effectively. A single camera was used in the shooting of 12 years a slave scenes. This is because, a single camera is more effective as it takes the whole idea unlike many cameras that will consume time during editing and make work difficult at the same time likely to compromise some information. Single camera

Water supply Personal Statement Example | Topics and Well Written Essays - 750 words

Water supply - Personal Statement Example Although most people take it for granted, the availability of an abundant water supply has become an increasingly important and contentious issue.This essay will argue that water resources should and will become an increasingly important global issue Drinking water was temporarily privatized in Bolivia, access to water resources affect demands in the Israeli-Palestinian peace negotiations, and issues of water sustainability have begun to find themselves inserted into broader discussions dealing with human rights and national security.This essay will argue that water resources should and will become an increasingly important global issue; more particularly, water issues will assume global significance because life on Earth is water-dependent, because human population growth and industrial growth are leading to water scarcity, and because increasing competition for water cannot ethically be resolved by market forces alone.As an initial matter, all life on Earth is dependent on water. T here is no more fundamental resource or need. In addition to providing basic physiological sustenance, water is also used as a raw material for agricultural production and for many industrial processes. Both population changes and migration rates have been shown to correlate with historical changes in access to water and water availability. Water is, in short, an issue of life and death. Significantly, migration patterns have flattened in recent times and there is less opportunity for groups or for larger communities to simply move to an area with better water resources. Sri Lanka, to be sure, cannot simply migrate in total to Thailand in times of water crisis. There are immigration constraints and old methods of migration are no longer an answer to water shortages. Whole countries can become trapped inside of their geographical borders and forced to find alternative solutions. Particularly worrisome is that there are no real substitutes for water. This is true both in the context of human population growth and in terms of agriculture and industrial use. The increasing demand for this increasingly scarce resource forces competition. How this competition manifests itself, either peacefully or violently, ought to be of concern to all nations. We see that old border disputes between Israel and Lebanon are now burdened with additional conflicts regarding access to water. China builds the world's largest dam, and downstream countries, such as Thailand and Laos, protest that their rivers are drying up in critical agricultural seasons. We have seen how aggressively that countries will fight for oil; simply imagine how aggressive countries might become in a conflict over water. The potential for serious conflict is real. In the final analysis, there are ways to address these water scarcity issues. First, there needs to be a global consensus that issues of water scarcity are of fundamental importance. These issues should be declared a priority because water for human consumption ought to be an enforced human right, because the use of water for agriculture and industrial processes is a commercial necessity, and because the potential for conflict is great. An old saying suggests that "blood is thicker than water"; in this context, however, I would suggest rather confidently that water is more necessary than oil. As a result, scarcity issues ought to be addressed and resolved at a global level. In ten years, I am of the firm opinion that my chosen field of study will be far more interdisciplinary. By this, I mean to suggest that traditional engineering programs will be far more diverse and require far more critical thinking; the ability to synthesize and apply theories from traditionally separate fields, such as mechanical engineering and medicine, will be encouraged and required. This essay will present the emerging field of biomedical engineering as an example of the future of engineering programs. To begin, it must be acknowledged that many advances in medical science

Essay on Project Governance Example | Topics and Well Written Essays - 1250 words

On Project Governance - Essay Example Uncoordinated project governance can result to financial loss, delayed completion and collapse of an entire project. Consequently, the project implementers uptake thorough planning and organization of customized ERP system (Abdallah & Albadri 2011). An ERP is a deliberate organizational tool that guides a firm’s vision. ERP systems combine internal information related to finance, management and production. At Microsoft ERP facilitates the exchange of information in business functions. Background Information ERP is an integrated system for small organizations designed to promote excellent practices in business. ERP software’s have varied applications based on the technical aptitude and the definite needs. Each section centers on a definite area such as distribution, marketing, inventory control or HR management. Additionally, ERP is fully integrated to supervise progress and inform business intelligence (Dinsmore & Rocha, 2012). The ERP guides in the decision making of a n organization by guiding project governance. Thus, a well-coordinated ERP system is vital to successful project governance. It provides the most efficient way to conduct business processes. For that reason, systems vary in utility and convenience. Literature Review ERP systems are central business transformers rather than mere IT systems. They align with organizational goals to better provision of services and promote efficiency (Remenyi, 2005). Hence, an ERP has the aptitude to transform project government and may shift the focus of core activities. According to Muller (2009), the need to achieve operational efficiency through consistent implementation emphasizes on the need to form mergers and networks to promote interdependence in the unpredictable market. This heightens the need to establish architectural project governance that promotes growth. Nikookar et al. (2010) asserts that ERP is of competitive advantage to firms globally. It is a dynamic force for inspiring the course of globalization. Resultantly, firms are adopting ERP to guide in better administration and production. Therefore, organizations aspiring to attain standard levels need to invest in efficient ERP systems. This generates a competitive growth oriented atmosphere because it is easier to monitor minor changes. Successful attainment of efficiency is a continuous process that has become the prime credibility measure to modern enterprises (Konsynski & Tiwana, 2004). Companies that successfully adapt with the ERP systems save on time previously spent on documentation, training, and accounting. Therefore, long-term feasibility benefits firm that adapt to the consumer’s preferences. Development stage Microsoft is an organization that develops fully customized ERP systems (Shankar & Bellefroid, 2011). The senior manager and the executive usually guide other stakeholders in coming up with the ERP software’s. Executives at Microsoft engage in the planning and implementation of the system. Primarily, before developing the systems, management conducts research to find the needs of the

Comparison Between Sculpture in Kuwait and Australia Essay -- Art

Comparison between Sculpture in Kuwait and Australia Research Objectives There have been significant differences between the sculptures in Kuwait and those in Australia. The research will evaluate the weaknesses in Kuwait sculptures in terms of funds accessible, available galleries and the public awareness on this artistic works. In addition, the research will evaluate ways of strengthening the sculptures in Kuwait. Synopsis The difference between contemporary and traditional art can be demonstrated by analyzing the sculptures in Kuwait. This is because the available sculptures have been neglected and the artists remain unappreciated despite their amazing talent and dedication. This paper will analyze the galleries in Kuwait, the art schools, funds allocated and the existing sculptures, and compare these factors with those in Australia. The differences to be realized after the analysis will be used to develop a strategy aimed at improving the sculptures and other artworks in Kuwait. Background Information The sculptures available in Kuwait have been long forgotten, especially those in public places. The sculpture in Rumaithiya is one example of sculptures that have been neglected, as demonstrated by the rust and cracks in the sculpture (Modeen 2009). For a very long time, many people have ignored artworks and sculptures across Kuwait. The government has also not been vibrant enough to promote sculpture making. This has made individuals to take to other jobs, hence reducing the number of artists willing to engage in sculpture making. The artists who have concentrated in sculpture making have been reducing in numbers given that in this era developed computer software is being used to generate virtual designs. Graphic design ... ...ill take another seven days after which the renowned artists and sculptors will be contacted. Depending on their schedules, the study will give each individual an allowance of ten days, and since the artists will be three, one month will be used to conduct the interviews. Works Cited Art Kuwait 2011, Spatial sound sculpture – new generation of art, viewed 29 August 2011, Drury, N 1993, New sculpture: Profiles in contemporary Australian sculpture, Craftsman House, Sydney. Lumley, A 1990, Sydney's sculpture, Longman Cheshire, Sydney. Modeen, T 2009, Public sculpture in Kuwait – Rumaithiya, viewed 29 August 2011, Sturgeon, G 1991, Contemporary Australian sculpture, Craftsman House, Sydney.

Organic Food and Wild Oats Essay

Strong revenue growth Focused growth strategy Wide product portfolioWeak international operations Conservative international policy Increasing rental expenses OpportunitiesThreats Higher demand for organic products Expansion in the UK Growth in private label productsIncreasing competition Labeling and other regulations Slowdown in the US economy StrengthsWeaknesses Strong revenue growth Focused growth strategy Wide product portfolioWeak international operations Conservative international policy Increasing rental expenses OpportunitiesThreats Higher demand for organic products. Expansion in the UK Growth in private label productsIncreasing competition Labeling and other regulations Slowdown in the US economy AI Global Management. 8-26-14. INSTRUCTOR: Who wasn’t here last week? I’m looking at Michelle. So you are the only one that wasn’t here last week? Mrs. Johnson were you here last week. I’m going to pass out the assignments for next week for you. STUDENT: The PowerPoint one. INSTRUCTOR: Whole foods. So what you had to do just to remind everybody you have to take a look at those two companies, and do some research, did find out strategically what really happened? STUDENT: Do you have extra copies? I wasn’t here last week. INSTRUCTOR: I thought I asked who wasn’t here last week? Okay. We have to strategically do some research on both of these companies. You have your case study in front of you very thorough. You have to find out what kind of decision was made that created really an issue for Wild Oats — because initially when this company was put together, they were killing Whole Foods. They were Whole Foods before Whole Foods existed. They were doing wonderful. Growing, expanding in the same type of market. I know both cases, so I know a lot of answers, but all of a sudden some decision was made in their minds relatively strategic, but it turned out to be some pretty bad decisions. How many of you has heard of Wild Oats. All of us have heard of Whole Foods because they are in existence. So you have to run this as if you are the CEO of both take both sides. Compare and contrast and take a look at Wild Oats, and what happened to them. Take a look at the great decision, and then things started going south relatively quickly for them. Yet Whole Foods was the underdog. Now Whole Foods is doing. Well, I guess. Manufacture moving forward.

Ray Bradburys Fahrenheit 451 A World Without Books

â€Å"There is more than one way to burn a book. And the world is full of people running about with lit matches† (Wikiquote, â€Å"Ray Bradbury†). Author Ray Bradbury made this observation in 1979 and his thought has only become more true as time has gone on. Bradbury warns of the possibility of this happening in his novel, Fahrenheit 451. The message of Fahrenheit 451 is more important than ever because today’s book editors, movie critics, and plays have intentionally and unintentionally removed Bradbury’s original intent of the novel. This hasn’t only happened to Fahrenheit 451, but many other books have been dumbed down to meet the standards of today’s unsophisticated readers. When Fahrenheit 451 came out in 1953, Bradbury had created a new†¦show more content†¦Today’s regular viewers and critics tend to look past all of the great things Truffaut did with what he had and instead choose to heavily criticize it for it’s shortcomings. ...a gimmicky approach to the emptiness of life without books cannot convey what books mean or what they’re for: homage to literature and wisdom cannot be paid through a trick shortcut to profundity; the skimpy science-fiction script cannot create characters or observation that would make us understand imaginatively what book deprivation might be like. (8) Continuing the trend of loyalty to Bradbury’s original work, fans who saw the plays of Fahrenheit 451 found much enjoyment and satisfaction in their likeness to the novel. Bradbury himself actually wrote the play and was influenced by Truffaut’s work in the movie. Although the play was released in the United States, it was much more well received in the United Kingdom (8). The crowd was very receptive of the changes Bradbury made to the story and the characters in it. â€Å"Fire chief Beatty is a much enhanced character on the stage. Presented initially as Guy Montags nemesis, but ultimately being a key toShow MoreRelatedSociety In Fahrenheit 4511647 Words   |  7 Pagesmoment may be headed for destruction. In Ray Bradbury’s novel Fahrenheit 451, the characters live in a society that is truly awful, but the author shows us that our society could be headed down that path. However, in the story, the beliefs of the main character Guy Montag change drastically , from beginning the novel as an oblivious citizen to ending it by trying to change his society for the better. Guy lives in a society in which the government outlaws books because they cause people to ponder ideasRead MoreSociety In Fahrenheit 4511661 Words   |  7 Pagesdestruction, similar to the destruction in Ray Bradbury’s novel Fahrenheit 451. 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