Assignment #1 Introduction Air Canada was established in 1937, provides scheduled and charter air transport for passengers and cargo to 182 destinations worldwide. It is the largest airline of Canada by fleet size and passengers carried. Air Canada is governed by an eleven-member Board of Directors committed to meeting high standards of corporate governance in all aspects of the Corporation’s affairs. Our Mission – “Connecting Canada and the World” Our Vision – “Building loyalty through passion and innovation” PESTEL Analysis: Political Factors: "The 'Open Skies Agreement ' between governments of US and Canada in March 2007 came into action as it liberalized the air transportation services. Cargo and passenger services as well
However, in the long run, many employers will not be able to maintain to stay in business due to the significantly high wages. An increase in minimum wage would cause millions to lose their jobs and put them further in poverty. It would even make it harder for them to obtain jobs after the increase due to the increase of competition in the job market, and most importantly an increase in minimum wage would cause increase in the price level and it will reduce significantly consumption due to the lack of purchasing power that is cause by the higher inflation rate. The minimum wage should not increase because it is unsustainable economically. Another approach of help guide people out of poverty can be a push for an increase in education and knowledge capital instead of continuously increasing the minimum
The flight took off at 7am. The flight was long and boring, but luckily we grabbed some brochures beforehand about Canada, from the travel agency, to entertain ourselves. We learned that Canada is located in the northern hemisphere, in North America. The country borders with The United States of America. It is one of the biggest countries in the world when measuring by land mass, second only to Russia.
The first issue to Air Canada airline was fuel price went up which they couldn’t afford to manage it. The organization is concerned about the cost reduction in other parts of the business because there was no control on the fuel costs that increased for years. Cost reduction was a very important that
Having large corporations in a new country allows for employment opportunities. Firms from the United States benefit from opening up large companies in Canada because it creates a bridge into the British and Canadian economy as well as their own. An example of this would be in the 1950s close to 100,000 new jobs were created from American companies with wages higher than in the rest of the Canadian Economy (Peterson, W. 2001). With the new job opportunities people within Canada migrated towards these openings for the higher income. Therefore the job opportunities that have arose from the American companies has lead to the relocation of people to larger cities and thus accentuated the regionalism within Canada.
“We are too young to work at now”. This is the main stance of the millennial generation, as they are not yet ready to work. The aging population is the global issues, faced by almost every country, especially the European countries and in the North America. Whereas, in most of Asia and the South American regions the aging population is not an issue as they are enjoying high birth rates and high death rates. Canada is one of the countries who are faced with demographic change of aging population, which is an issue for these countries as the future economic well-being is dependent upon the future population (generation).
Therefore, Sear Canada improvised a strategy of slashing the prices of the popular items by 20% in order to counter its rivals. The move comes as a result of pressure to boost the sales of the products since there was a decline in the previous year sales. There was a decrease in the financial highlight of the company in the previous year which resulted reduction in revenue as well as total sales of the products. The cost strategy, which the Company is currently using, has enabled better profit margin than her competitors have thus resulting to efficient and cost- effective of the products(Anderson &Thisse, 2011). This strategy is aiming at creating future trust and good relationship with the customers given that in any organization the creation of more customers starts with value in pricing.
CENTREPORT CANADA- Doorway to International Trade and Business Headquartered in Winnipeg, Manitoba Centreport Canada was established in 2009 to fulfill the demand of expanding international trade between different countries. “Centreport Canada is the North America’s only inland port and foreign trade zone which provides doorway to tri modal transportation methods like (rail, air, and road)”. Centreport Canada is built adjacent to James Armstrong Richardson Airport which is known as Canada’s prime cargo airport. “Centreport Canada gives direct access to companies to national and international road, rail and sea corridors”. (Centreport Canada) http://www.centreportcanada.ca/about-us Centreport Canada offers lesser business cost and tax savings which attracts business from United States, Mexico, Europe and China in
Qantas is also the part of one world alliance. Qantas is one of the second oldest airlines which connect Australia to 81 destinations to 40 other countries worldwide. Qantas and its subsidiaries carry more than 30 million passengers per year to their destinations. ABOUT EXPEDIA Expedia is the one of the leading online travel agent company in the world. It is the American based parent brand which serves globally with the help of other online brands like hotels.com, hotwire.com, trivago, venere.com, car rentals.com, etc.
Marketing Mix – 4P’s E. Jerome McCarthy classified these tools into four broad groups, which are Product, Price, Place and Promotion. 4.1 Product – The main product of Caribbean Airline is its air transportation. The airline offers direct flights to various locations, such as Canada, USA and the Caribbean countries. The airline offers tickets to passengers that are affordable and create special packages, especially for Christmas and special holidays. Caribbean Airline offers as a part of its main service, snacks, hot and cold beverages and entertainment, customers can listen to music or watch a movie that help passes the time of the long flight.
The Liberal party reduces the annual contribution limit of TFSAs from $10,000 back to $5,500, the reason for this reduction is that it wants to encourage people to spend more money into the market to fight the lack of money circulation in the society which resulted from the downfall of the economy. The Liberal party also accepts huge amounts of refugees which stimulate the anger of many Canadians. The Canadian economy is at its recession now, many local people are still struggling while the government announces that they are going to spend a huge amount of money in improving lives for foreign people. The money could have been used to help ourselves to boost our economy but the government does not seem to be concerned about our own
Unpaid internship has an impact on the economy in a negative way as it increases the youth unemployment numbers, it also causes a downfall in the wages for the economy and at the same time it contributes to slow economic growth (Langille, 2013). Langille (2013) further suggests that students or unpaid interns are made false promises of gaining the essential knowledge and experience from their time invested in the company for free and also the potential of having a full time employment at the organization, however it is not certain that they would be hired, hence the company is avoiding paying taxes to the government, which is another impact the overall economy is facing. Furthermore, it also impacts the economy in a way that the new graduates or the interns suffer from lack of security and alienation from the labour market (Langille,