StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Business policy-strategic management - Essay Example

Cite this document
Summary
The classic conservative approach will help it achieve its return on invested capital.
The airline seeks to expand routes abroad and intensify its…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.7% of users find it useful
Business policy-strategic management
Read Text Preview

Extract of sample "Business policy-strategic management"

Business Policy-Strategic Management Business Policy-Strategic Management: Southwest Airline Southwest airline seeks to improve its capacity management because it intends to reschedule deliveries of 30 Boeing 737-800s. The classic conservative approach will help it achieve its return on invested capital. The airline seeks to expand routes abroad and intensify its presence in the United States market. It is introducing an unparalleled brand refresh, which includes its aesthetic and tagline, following its long-term objective to target the international market (Morrison, 2014).

Southwest is currently teaming with AirTran to expand its organizational operations to neighboring countries. Internet ticketing is another long-term objective in the strategy of Southwest airline. It arranges its bookings online for its reliable customers to save time and the hassle involved in seat reservations. This long-term objective seeks to make it continue to run its resources efficiently and ensure a stringent approach based on qualitative customer participation and estimated future occurrences.

Southwest airlines seek to have extended operations (ETOPS) documentation to fly over water. They already have an airplane to achieve this goal, and just need appropriate documentation to start their services in Hawaii. The airline plans to adopt a new seating arrangement that has a new design and more row seats. This will help it generate additional revenue. The seating arrangement will be adopted in several airplanes, and customers are already showing their satisfaction in the new development.

Another long-term objective that involves safety is to provide Ramp Employees in its system with hands-free wireless headsets. This is in the quest to make it possible for pilots and the ground crew to communicate and synchronize the push back of planes from open space gates in an efficient manner.The airline seeks to improve its fuel efficiency in the coming years. It seeks to achieve this through power conservation on the ground, development of optimum cruising speeds in order to cut down emissions.

Next generation fuel-efficient jets seek to replace their traditional aircrafts (Panchuk, 2010). ReferencesMorrison, M. (2014). Southwest’s New Look Marks Change in Business Objectives. Skift Take.< http://skift.com/2014/09/08/southwests-new-look-marks-change-in-business-objectives/> Panchuk, K. (2010). Southwest Airlines to Stick With No Hidden Fees Strategy. Dallas Business Journal. < http://www.bizjournals.com/dallas/stories/2010/05/17/daily25.html>

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business policy-strategic management Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/management/1695831-business-policy-strategic-management
(Business Policy-Strategic Management Essay Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/management/1695831-business-policy-strategic-management.
“Business Policy-Strategic Management Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1695831-business-policy-strategic-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business policy-strategic management

Mintzbergs 5 Ps for Strategy

Psychologists refer to this as the cognitive make-up of the organization, anthropologists refer to this as the cultural aspect and management theories discuss this in terms of the 'driving force'.... Possibly, here one can relate to Hambrick & Mason (1983) who suggest that most strategies in any organization are conceived in the mind of the top management, who then proceed to ensure percolation through the rank and file; their conceived strategies form the future of the organization's growth trajectory....
11 Pages (2750 words) Literature review

Strategic Management and Business Policy

The present paper "Strategic management and Business Policy" deals with the issues of modern business.... Project management tools such as PERT can be used.... According to the text, in the current era of globalization, the business environment is so rapidly changing that it is difficult for the managers to foresee the change.... hellip; According to David Fred(2007), organizations have to continuously take efforts to equip themselves to cope with the ever-changing business environment....
6 Pages (1500 words) Assignment

Strategic Analysis for Tesco Plc UK

The growth strategy of the company is a long-term strategy based on four key parts: growth in the Core UK business to expand by growing internationally to be as strong in non-food as in food and to follow customers into new retailing services.... pecifically the PEST or PESTLE analysis is a useful tool for understanding risks associated with market growth or decline, and as such the position, potential and direction for a business or organization.... The business relationship of Tesco is with nearly 2,000 own-brand primary suppliers in 98 countries....
12 Pages (3000 words) Essay

Strategic Management and Business Policy

This essay will describe the strategic management approach for a successful organization.... hellip; There have been many thoughts about quality management, and how they are dealt with.... With such an innovative idea which Henry Ford implemented, through the use f the 'classical scientific management theory', Henry Ford became one f the biggest entrepreneurs in the history f car manufacturing.... He has completed postdoctoral work in management at Harvard Business School, the University f Michigan, and Michigan State University....
10 Pages (2500 words) Essay

Business Policy and Strategic Management

This paper “Business Policy and Strategic management” is being carried out to evaluate and present four grand strategic alternatives: stability, expansion, retrenchment and any combination of these three.... The takeover is a common way for acquisition and maybe defining as "the attempt (often spring as a surprise) of one firm to acquire ownership or control over another firm against the wishes of the later management (and perhaps some of its stockholders)....
5 Pages (1250 words) Research Paper

Wal-Mart for a Strategic Management and Business Policy

The paper "Wal-Mart for a Strategic management and Business Policy" discusses the strategic management and business policy of Wal-Mart and suggest the better 'business strategies' that will be good for their business and economy.... They should develop a mechanism by which management controls the processes for directing, development, scheming, organizing, and controlling program operations.... They should create a financial control that comprises the comparison of what they have really accomplished with what they have premeditated in their budget and as such it is individual business task amongst a lot of and encompasses but one facet of the wider practice of management control (Thompson et al, 1995)....
4 Pages (1000 words) Research Paper

Strategic Management and Business Policy

The three characteristics of a strategic decision include the rare ones which are usually not regular in ID Lecturer Strategic management and Business Policy Since the decisions become difficult to make when organizations grow far and wide, it is always imperative to understand the basics of the strategic decision which solves the quandaries of quite a few people.... This was one consequential strategic decision that was taken by the boss so that the productivity could increase and thus the organization could achieve more success with the changing business times....
1 Pages (250 words) Essay

Strategic Audit of Mohawk Industries

rdquo;Thus, the Mohawk segment concentrates on carpets, rugs, and floor covers in general, the Dal-Tile segment focuses on the ceramic and porcelain floor covers and tiles business, and the Unilin segment focuses on laminate covering and expansion of the company to other types of house or building-related businesses but usually wood or wood-related or fiberboards....
22 Pages (5500 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.
Contact Us