Reference no: EM131519852
Please note: In Modules 1, 2, and 3 of this course, there are two Discussion Questions-one for Week 1 and the section DQ for Week 2 (in Module 4, there is only Discussion Question). Be sure that you respond to both Discussion Questions (i.e., Week 1 and Week 2). Also, be sure to respond to your classmates' postings.
Acme Airlines is an international carrier. The airlines transports passengers and/or freight all over the globe. The CEO of Acme Airlines, namely Wile E. Coyote, has asked you-a renowned Strategic Management expert-to draft a Mission statement for the company. In Week 1, your task is to come up with a Mission statement that:
- States the business that Acme Airlines is in;
- Is memorable (creative); and
- Is informative,
- but simple.
Do some research in the library on the airline industry. Open the Trident University IBIS World document and scroll to the bottom of the page. Click on the "Click Here" hyperlink at the bottom of the page. This will take you to IBIS World, an organization well known for conducting industry level research. Run a search on "International Airlines in the U.S." in the search window. This will lead you to a detailed and industry-specific report. After familiarizing yourself with the international airlines industry, write your Mission statement.
Be creative! Consider the specific target market of Acme Airlines (its passengers or the kind of freight it transports), and remember that Acme Airlines is competing with major airlines.
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Research on the department store industry
: Do some research either on Sears Holdings or on Macy's. Be sure that you visit IBIS World, and that you do some research on the Department Store industry.
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Record the necessary closing entries
: The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $220,000; Service Revenue, $850,000.
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What approach should the company follow to restore
: In your opinion, how fair was this approach to cutting pay when times got difficult at Aquapoint,) Explain your reasoning.
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Does attending a small college cause students to drink
: Parents around the country are withdrawing their children from small colleges. Does attending a small college cause students to drink
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Specific target market of acme airlines
: Consider the specific target market of Acme Airlines (its passengers or the kind of freight it transports), and remember that Acme Airlines is competing with ma
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Prepare the post-closing trial balance
: The year-end adjusted trial balance of Hilltoppers Corporation included the following account balances: Cash, $4,000; Equipment, $16,000.
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Perceived usefulness of the topics covered
: Please review the course as a whole. This is for your benefit, and also for ours; reviewing topics covered in this course will help you fix them in your mind.
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Discuss the accrual-basis accounting
: American Airlines collects cash on June 12 from the sale of a ticket to a customer. The flight occurs on August 16.
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Logistical functions of this organization
: Consider an organization you're familiar with. If you were benchmarking the logistical functions of this organization, what methodology would you use?
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