According to reports, British Airways is renowned for its innovative service standards, employee and customer-centric approach. The leader of the airline industry has targeted a strong position for the services of the operators within the expanding market. The company has established dedicated business unit, which has been assigned the responsibility for the reinforcement of the organizational plan within the business group, the purpose of which is to consolidate the opportunities offered by the market. The service business has emerged as an important sector, because it has evolved commonality of airline services and convergence, and quality of service experience for the customers. The company has practiced different tactics, which were reinforced keeping in the view the financial strength of the company, and the number of registered customers. The British Airways reduced the airfares per customer through cost-optimized solution, and introduced affordable and attractive terminals. The marketing objective of the company has been to offer wide range of services at competitive rates, and incorporate quality of international standard into its service package. The company has planned to target the masses, instead of any particular class within the market. Previously, the company restricted its services only to the rich class, butt later on when the competition within the airline industry grew stronger (Hooley, 2004).
Proposed and Adopted Strategies
British Airways has targeted the local market, and has contradicted the public opinion that leading airways are class oriented and unaffordable for the local class, for this purpose the company has launched wide range of offers for every particular class within the society, for this purpose the company has launched different product strategies....
In this context, a question is being posed relative to the measures which could be taken in order to increase employees' on the job satisfaction and reduce the high turnover rates. The following strategies could be implemented in both Hong Kong vehicle companies, as well as within all companies facing the challenges of high employee turnover rates. Yet, what should be remembered is that the following suggestions are merely theoretical
The parallels are of Sheikh Mohammad are drawn with King Abdul Aziz of Saudi Arabia who used oil to build the foundation of modern Saudi Arabia. He can also be considered a CEO who is managing his emirate like a big company using the modern management principles. He is using the principles of modern participatory management as he does not confine himself to boardrooms or high power meetings and
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