I then had to go back and look at the prices and it actually helped me to see the increases and decreases in the value of the stock. I wasn't expecting to have such a drastic difference in each of my stocks values but it happened and i'm glad because it helped me to see the cause of a growing business on value and popularity, Through class i knew that company will split their stock once it got so high but when i look at amazon's prices i was shocked. I look further into it and found out that they have such a high value because they are a growing business taking over the buying and selling world. They can demand so much because they know their worth and are willing to capitalize on it. My other to stocks were not as high in price but not as good of an
China is an important regional power in the Asia-Pacific region, and it is also the fastest growing country in the world. Boeing Company sees China is an important partner for civil aviation; the company is willing to further expand the scale of production lines in China. After Boeing expanded its production lines in China, these production lines will greatly ease Boeing’s production pressure in the United States, and the most important point is it can shorten Boeing’s time to deliver aircraft to Asia-Pacific customers. For the environmental issues, Boeing Company will continue to develop new engines technology and new environmentally friendly fuels. In terms of aviation environmental issues, Boeing will continue to maintain the role of leader based on the environmentally friendly technologies.
Rolls Royce’s new engine designs offered exactly that and proved to be an ‘order qualifier’. The design was an advantage for all airline companies as they could consider entering exclusive deals with Rolls- Royce for their various airline models and could possibly benefit from generous discounts as a result of bulk orders. And this in turn would lead to repeated business for Rolls-Royce giving them a competitive advantage of being the preferred engine manufacturer. (Rolls-Royce: Britain 's lonely high-flier, Jan 8th 2009) Rolls-Royce’s innovative idea of ‘Power by the hour’ is a true example of an order winner. Most airline companies try and avoid responsibilities associated with projecting costs for maintenance and equipment break down.
In the case of Intuit, Steve Bennett refocused the company’s development strategy to make it more customer-driven. The focus on entering new markets and developing new products took advantage of the pre-existing entrepreneurial spirit of the company but at the same time added strategic focus, addressing the more laid-back culture of Intuit. This made the organisational culture change easier for employees to adapt to and his smart leveraging of the existing culture allowed the company to achieve double-digit revenue growth in his first year. (Groysberg, McLean & Nohria, 2006) James McNerney too enjoyed great success in 3M. 3M’s scientists were technically savvy and performance-oriented, and McNerney’s plans for process improvements sat well with them.
It helps in most of the concerns of customers, improving and maximizing customer satisfaction, and gain customer loyalty, which will lead to the growth of the industry and more profit. The airline industry thought of coming up with a strategy that helps in finding information about the availability and cost of the flight, booking flights online, checking-in online, collecting information about each customer’s preferences, finding out which customers are most profitable, building customer loyalty by rewarding them, and increasing sales. Nowadays, almost everyone around the world is using the internet for personal use and for business use. That is why many industries are using applications that open on smart phones and tablets to make it easier, faster, and more convenient for the customers. Moreover, airlines are using e-business applications and Customer relationship management strategy, such as e-CRM which helps in managing customer relationship through the Internet, and many airlines are doing this as a separate plan to their e-business
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. Essentially, Sear Canada Company is offering great deals whereby it has introduced a weekly reduction of prices which is promoted through flyers hence attracting huge number of customers towards their products. Typically, the introduction
Qwest Corporation was a communications company that was rapidly growing in the late 1990s. It would consistently meet its aggressive revenue targets and was a great company for its investors. After announcing that they would merge with US West, their stock price dropped significantly (from $34 to $26 per share.) In order to prevent any further drops in stock price, Qwest 's senior management exerted extraordinary pressure on subordinate managers and employees to meet or exceed the publically announced revenue targets. In addition, Qwest paid bonuses to management and employees only for periods when they achieved targeted revenue.
Which are to “Invest wisely, Earn Customer Loyalty, Strengthen and defend our Global Network, Be a good place for good people and to fly profitably.” (American Airlines Flight Plan 2020, 2012) They know they have to invest wisely because they need to have the adequate tools to get the job done and its visa versa they need special trained people in order to make the use of the equipment they have more efficient. American Airlines customer services is second to none that’s why they are the biggest Airlines in the United States, they please the customers in order to keep getting their business in the future. American Airline Don’t makes decision that pulls them away from their mission. They don’t get involved in actives that are not in the mission plan because it could decrease the value of the organization. This only hurts the future of the American Airlines
The earnings per share are relatively neutral and holding steady. This indicates that Boeing is consistently performing at a high level and continues to grow and gain market share through the space and security segment as well as the commercial plane segment. “Boeing posted an unexpected 3 percent improvement in second-quarter 2012 net income on strong sales of commercial airplanes, the results surprised Wall Street” (LaTimes 2012). Boeing continues to maintain its reputation among competitors like Lockheed Martin and remains lucrative to investors by operating a very diverse portfolio of not only commercial and defense aircrafts, but also offering aviation support services such as technical support, air traffic management, developing missile defense system, space and intelligence infrastructure and satellite launch vehicles (Boeing Website
For the customer metric, they measure the annual number of new customers, annual proportion of on-time flights to total flights, and customer satisfaction survey. The annual number of new customers is being measured because an increase in the number of customers can give the company an idea about their future and potential growth in the market. This also gives an idea about the customer satisfaction. The annual proportion of on-time flights to total flights is the basic indicator for airlines. Even if the company has a low-fare image, if their flights are late, customers still doesn’t prefer it.