- Wednesday, November 12, 2008, 13:40
- Case studies
- 2,039 views
AirTran Airways
Case Study
BAM 479
February 27, 2007
Mission Statement
Innovative people dedicated to delivering the best flying experience to smart travelers. Every day.
Although simple and straightforward, AirTran’s mission statement is too broad and doesn’t address some key areas.
Revised Mission Statement
Innovative people dedicated to delivering and growing (growth) the best domestic (markets) flying (product) and working experience, in terms of safety and service (self-concept & ...
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- Tuesday, October 28, 2008, 15:14
- Strategic Management
- 4,160 views
Opportunities
1.The international heavy weight market is growing and is now larger than the U. S. heavyweight market
2.The European demand for Harley Davidson is the highest in the international market and represents the single largest motorcycle market in the world.
3.Interest rates are at historical lows.
4.Women and younger riders are increasing becoming interested in bikes.
5.Alliances with Ford Motor Company or other automobile manufacturers are possible.
6.Industry registrations of ...
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- Tuesday, October 21, 2008, 14:51
- Strategic Management
- 6,305 views
A summary step in conducting an internal strategic management audit is to construct an Internal Factor Evaluation (IFE) Matrix. This strategy formulation tool summarizes and evaluates the major strengths and weaknesses in the functional areas of a business, and it also provides a basis for identifying and evaluating relationships among those areas. Intuitive judgments are required in developing an IFE Matrix, so the appearance of ...
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- Tuesday, October 21, 2008, 14:32
- Strategic Management
- 9,345 views
The EFE matrix allows strategies to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information.
Steps in developing the EFE matrix:
Identify a list of KEY external factors (critical success factors).
Assign a weight to each factor, ranging from 0 (not important) to 1.0 (very important).
Assign a 1-4 rating to each critical success factor to indicate how effectively the firm’s current strategies ...
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