Post on 20-Feb-2016
description
BUSINESS OF TRAVEL & TOURISM
By Shannon, Karolina, Raya &Anna
INTRODUCTION OF THE GROUP
• Raya Metodieva - (aims of Ryanair)
• Karolina Danielewicz - ( How do organisations achieve competitive advantage)
• Shannon Doherty - (Sources of funding)
• Anna Cupal - (Cash Flow forecast)
INTRODUCTION TO THE PRESENTATION
Our presentation is about Ryanair and Claridge’s. In the presentation we will be talking about the types of ownership in the companies, the source of funding, what the company aims are, how they achieve competitive advantage and their cash flow forecast.
INTRODUCTION TO THE COMPANIES
The companies that we will be talking about are Ryanair & Claridge's .
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COMPANY AIMS
Many companies have their own and different aims and
objectives and they all have it for the same reason.
The main aim a company can have is to make profit – keeps
the business running; benefits owners and indicates
shareholders how well a company is performing.
RYANAIR
Ryanair is an Irish low-cost airline.
Set up by the Ryan family
Offer the lowest price at all time on all routes
Respond quickly to passenger complaints and provide prompt refunds.
Speed up check-in.
Provide Passenger Information
Good customer service
CLARIDJE’S AIMS
The Claridge's team aim to achieve the highest standards of
services at all times.
Provide excellent customer service.
To make profit
To be seen as environmentally friendly
To be competitive
SOURCE OF INCOME
RYANAIR’S SOURCE OF FUNDING
CLARIDGE’S SOURCE OF FUNDING
H OW D O O R G A N I S AT I O N S A C H I E V E C O M P E T I T I V E A D VA N TA G E ?
• Training and development of staff
• Advertising
• Locational Advantage
• Sales techniques
• Innovative pricing policies • New and Inactive product and services
• Providing added value • Total quality management