Increase the company profitability

Assignment Help Business Management
Reference no: EM132970240

Comprehension 

Maria is the new CEO of a cruise ship company. It has been just a week in her new role as the CEO, and she aims to increase the company's profitability and also make it future-ready. 

Maria has invited her mentors to share ideas and determine the steps that she can take in order to work towards this new vision for the company. 

Q2 Maria wants to know how she can understand what is truly happening in the market, industry and organisation. Of the methods below, which ones would help her achieve her objectives?

  1. Pay close attention to what the industry leaders, employees and customer forums have to say.
  2. Rely on her instinct and make decisions, as she can draw many learnings from her experience
  3. Keeping an eye only on the organisational dashboard so that any drastic changes affecting the organisation can be quickly sensed
  4. None of the above. 

Reference no: EM132970240

Questions Cloud

Assess role of individual differences and traits in leader : Analyze business situations using ethical reasoning skills and ethical theories
What is the cost of common stock : what is the cost of common stock for Carla Vista? (Round intermediate calculations to 4 decimal places, e.g. 0.1555 and final answer to 2 decimal places,
Find physical and chemical reactions in chemistry : What are the differences between physical and chemical reactions in chemistry?
What constitutes a good leader : From your reading, what constitutes a good leader? In what ways have you experienced a good leader?
Increase the company profitability : It has been just a week in her new role as the CEO, and she aims to increase the company's profitability and also make it future-ready.
Advantages and disadvantages of group decision-making : Making a sound group decision regarding complex organizational circumstances is a formidable challenge. Fortunately, several useful processes have been develope
What is organizational culture : 1) What is organizational culture? 2) How is it created or formed? What does it consist of? Discuss, providing relevant examples where appropriate.
Wharton khws investment competition : Why do you want to participate in Wharton KHWS investment competition?
Explain qualities of an effective leader : Explain qualities of an effective leader in different situations that evidence effective leadership qualities.

Reviews

Write a Review

Business Management Questions & Answers

  What is the injury in costochondritis

What anatomic problem most likely leads costochondritis? What is the injury in costochondritis? What would be acute inflammatory response look like?

  Research the topic of global warming

1. One quote from a 2015-16 news article arguing that there has been no global warming in the last few years (in spite of predictions); and 2. One quote from a 2015-16 news article arguing that there has been global warming in the last few years (in ..

  Which health care laws are still in practice

Which health care laws are still in practice? Why? What are the functions of a hospital? How have these functions evolved over the past twenty years?

  What are the main elements of eat2eat''s business model

What are the main elements of Eat2Eat's business model? Explain how does the company generate revenues?

  Litigation against the other party in the court of law

What would be the benefits of taking my contract disputes to arbitration instead of litigation against the other party in the court of law

  What are the main concerns for securing the mobile device

What are the main concerns for securing the mobile device and steps you would follow to meet search and seizure requirements to ensure data is not compromised

  Just a hidden feature that you never use

Do you find the Charms Bar beneficial or just a hidden feature that you never use?

  Explain how the networks can sustain long-term relationships

Illustrate how building and leveraging networks can help to identify and grow business opportunities. Explain how these networks can sustain long-term relationships.

  Calculate the value of the stock

Investors anticipate that the annual dividends will grow by 3% per year forever, and they require an 8% discount rate. Calculate the value of the stock.

  Development strategy has honda implemented

To compete in the fast-growing hybrid segment, Honda introduced the Civic Hybrid with unique styling and great fuel economy. The Civic Hybrid was based on the traditional Honda Civic. Which product development strategy has Honda implemented?

  Explain what cultural environment will staff of that company

Explain what cultural environment will staff of that company encounter in the workplace in each of the countries?

  What are pros and cons of lowering the cap

The cap on the reverse repo facility is at $2 Trillion, and given the Fed is about to lower the cap, what are pros and cons of lowering the cap?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd