Emirates Airline Research Paper Example | Topics and Well Written Essays - 750 words

Emirates Airline - Research Paper Example However, no matter how strong an organization is, it must continually scan the external environment for various threats and opportunities that can highly affect the business for the coming years. In a SWOT analysis, opportunities are defined as external factors that can increase the profitability of a business. In the case of Emirates Air it can mean arrival of new technologies, unfulfilled customer need, loosening of regulations or socio-cultural change. One great opportunity for Emirates is to expand its services to regions such as other places in Africa. After expanding in Tanzania, it has captured the market because of its strength in customer service. This opens many opportunities to create more destinations in Africa. Another opportunity for Emirates Air is to strengthen its cargo services which can provide the company additional income. Since it was voted as â€Å"Best Air Cargo Carrier â€Å" at the 2010 IFW Awards, this presents an opportunity to create more business for the company to provide a total package for its clientele. Having a more efficient process could mean competitive pricing which is again one great opportunity for the carrier. Another great opportunity that Emirates Air is currently exploring is its active participation in the campaign for aviation liberalization. Liberalization of additional air traffic routes â€Å"could increase traffic by 63%. This could create 24.1 million additional jobs and generate an additional US$490 billion  Ã¢â‚¬Å"which is why Emirates Air is exploring this opportunity. Lastly, a very good opportunity that Emirates Air has started tapping is the use of green energy. Green energy has already slashed the cost of fuel prices and better green fuel alternatives coming up in the future would highly benefit this company since it had already constructed a carbon neutral warehouse (p.11, 2009-2010 Annual Report).In conclusion, there are many avenues of

Business Biography Essay Example | Topics and Well Written Essays - 1500 words

Business Biography - Essay Example At the tender age of 14, he focused and concentrated his efforts towards the development and growth of his first entrepreneurship venture, which was a web design company in the name of Flyte Design. The SME venture by this young first time entrepreneur went forward to win some of the reputed design awards of Canada. Besides Flyte Design, Tom Szaky also diverted his focus towards the establishment of three dot com companies, which ranged from an online home improvement site to an online fund raising school as well as online grade tracking software. In the year 2001, the serial entrepreneur moved to USA for the purpose of acquiring a degree from the reputed Princeton University. However, in 2002, he shifted his focus from academia to the development of TerraCycle Inc. It can be increasingly said that by the process of early venturing into social entrepreneurship through the formation of TerraCycle in the year 2002, he made it evident that he is an agent of change, who is focused on exp loiting opportunities that keeps on emerging in the social environment from time to time. However, besides being an entrepreneur, he was active member when it comes to community service. He took initiatives in the participation and organizing of various social activities, while increasingly raising and generating values for the stakeholders (CNBC, 2007). About the Business The main objective of TerraCycle is to focus on waste elimination through the process of application of evolutionary economics. Guided by this particular objective, the company focused on national level recycling chain for waste products that were difficult to reuse and recycle. The company focused on setting up a new principle of generating products of innovative nature as well as of high value from already disposed and utilized products by using organic means. The company recycles the waste for the purpose of product creation which focuses on fulfilling the needs of the clients and consumers, while increasingly enabling them to tackle their demand and subsequent elimination of relative and existing pain points (TerraCycle, n.d). The competitive advantage for this business was the fact that the business was started as an innovative venture and in an almost virgin market, in regards to its product portfolio, that Is being offered to the consumers. Hence it can be said that the business had the first movers’ advantage. As of today’s date, the company is focused on the process of value creation through the process of developing a variety of recycled product. The product variety comprises of a wide range of categories ranging from bags, garden accessories and fertilizers, gift accessories, home accessories, office accessories, school accessories. The product category also comprises of items of daily uses likes toys, pet bottles and even winter based essential products (TerraCycle, n.d ). On an overall note, TerraCycle produces over 250 different kinds of products, from a wide rang e of waste streams (Forbes, 2011). Industry Overview The United States, due to its focus on high level of consumption by the government as well as the consumers has become the largest market with the urgent need for waste management services. The waste management industry in the United States is a highly fragmented industry. The sector has grown tremendously over the last few years, till the year 2008. The slowdown all over the