The document discusses using Boolean algebra and qualitative comparative analysis (QCA) to analyze differences in business models across airline companies and their effects on financial success. It provides an example of using QCA to determine combinations of factors that lead to students being invited or not invited to a party. The document then discusses how QCA and multi-value QCA can be used to analyze innovation and imitation in airline business models and determine combinations of elements that result in different levels of operating margin.
What make airlines gain profits while the others fall in losses !!!
How LCC creates profits in a recession time ….
Is Airline Industry a profitable Industry !!!
What are various strategies in such cases…
And how to survive in this miss !!!!!!!
This virtual simulation program was developed to help airline management teams understand competitive market dynamics and improve problem solving and decision-making skills.
Find out more at: http://www.iata.org/airline-business-simulation
Many attractive investment projects – for instance in energy efficiency – are not carried out for various reasons (lack of capital, information, manpower…). Companies find it difficult to come up with a well-informed, satisfactory answer to the essential question: which projects are the most profitable in the long-term? What they need is a practical working method that is straightforward to use and produces reliable investment guidance. Life cycle costing is just such a method.
Life cycle costing (LCC) compares project cost estimates over the lifetime of a project. This application note shows how you can perform a rational LCC analysis by following a simple, 6-step procedure. The procedure uses common spreadsheet tools, so it’s time-efficient, and it teaches you how to derive numbers from a limited set of input variables, numbers that are good enough to make an informed decision.
Many attractive investment projects – for instance in energy efficiency – are not carried out for various reasons (lack of capital, information, manpower…). Companies find it difficult to come up with a well-informed, satisfactory answer to the essential question: which projects are the most profitable in the long-term? What they need is a practical working method that is straightforward to use and produces reliable investment guidance. Life cycle costing is just such a method.
Life cycle costing (LCC) compares project cost estimates over the lifetime of a project. This application note shows how you can perform a rational LCC analysis by following a simple, 6-step procedure. The procedure uses common spreadsheet tools, so it’s time-efficient, and it teaches you how to derive numbers from a limited set of input variables; numbers that are good enough to make an informed decision.
For more course tutorials visit
www.newtonhelp.com
Please check All Included Assignments Below
ACC 546 Individual Assignment Evaluating the Case Against Lehman Brothers
What make airlines gain profits while the others fall in losses !!!
How LCC creates profits in a recession time ….
Is Airline Industry a profitable Industry !!!
What are various strategies in such cases…
And how to survive in this miss !!!!!!!
This virtual simulation program was developed to help airline management teams understand competitive market dynamics and improve problem solving and decision-making skills.
Find out more at: http://www.iata.org/airline-business-simulation
Many attractive investment projects – for instance in energy efficiency – are not carried out for various reasons (lack of capital, information, manpower…). Companies find it difficult to come up with a well-informed, satisfactory answer to the essential question: which projects are the most profitable in the long-term? What they need is a practical working method that is straightforward to use and produces reliable investment guidance. Life cycle costing is just such a method.
Life cycle costing (LCC) compares project cost estimates over the lifetime of a project. This application note shows how you can perform a rational LCC analysis by following a simple, 6-step procedure. The procedure uses common spreadsheet tools, so it’s time-efficient, and it teaches you how to derive numbers from a limited set of input variables, numbers that are good enough to make an informed decision.
Many attractive investment projects – for instance in energy efficiency – are not carried out for various reasons (lack of capital, information, manpower…). Companies find it difficult to come up with a well-informed, satisfactory answer to the essential question: which projects are the most profitable in the long-term? What they need is a practical working method that is straightforward to use and produces reliable investment guidance. Life cycle costing is just such a method.
Life cycle costing (LCC) compares project cost estimates over the lifetime of a project. This application note shows how you can perform a rational LCC analysis by following a simple, 6-step procedure. The procedure uses common spreadsheet tools, so it’s time-efficient, and it teaches you how to derive numbers from a limited set of input variables; numbers that are good enough to make an informed decision.
For more course tutorials visit
www.newtonhelp.com
Please check All Included Assignments Below
ACC 546 Individual Assignment Evaluating the Case Against Lehman Brothers
ACC 546 Lessons in Excellence / acc546.comkopiko31
For more course tutorials visit
www.acc546.com
Please check All Included Assignments Below ACC 546 Individual Assignment Evaluating the Case Against Lehman Brothers ACC 546 Case 3.3 The Anonymous
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze
Air traffic forecast serves as an important quantitative basis for airport planning - in particular for capacity planning CAPEX ,as well as for aeronautical and non-aeronautical revenue planning. High level decisions and planning in airports relies heavilly on future airport activity.
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety
Financial Analysis for Management Consultants & AnalystsAsen Gyczew
During many consulting projects, you will have to do a lot of financial analysis and draw conclusions about specific companies or industries. This is especially true during due diligence projects, strategic projects and turn-arounds. Financial analyses will help you decide which option is better, what investments you should take, estimate potential improvements or estimate the impact on the profit and the balance sheet. On top of that, during consulting projects, you have to do everything 3x faster and with little data. Therefore, I will teach you in this course how to do fast and efficiently financial analyses and how to draw conclusions from them
In the course you will learn the following things:
1. How to do financial analyses in Excel fast and efficiently
2. How to draw conclusions from the analyses
3. How to analyze financial statements in Excel
4. How to use financial indicators
5. How to model a business in Excel
6. How to analyze business units of the firm
7. How to carry out analyses related to M&A
8. How to evaluate potential investment in Excel
9. How to estimate the value of the firm using simple methods
For more check the following course: http://bit.ly/FinancialAnalysisExcel
6
Case 11
Czpö"
2,
Chicago Valve Company
Capital Budgeting
Directed
Although he was hired as a financial analyst after completing his MBA, Richard Houston's first
assignment at Chicago Valve was with the firm's marketing department. Historically, the major
focus of Chicago Valve's sales effort was on demonstrating the reliability and technological
superiority of the firm's product line. However, many of Chicago Valve's traditional customers
have embarked on cost-cutting programs in recent years. As a result, Chicago Valve's marketing
director asked Houston's boss, the financial VP, to lend Houston to marketing to help them
develop some analytical procedures that the sales force can use to demonstrate the financial
benefits of buying Chicago Valve's products.
Chicago Valve manufactures valve systems that are used in a wide variety of applications,
including sewage treatment systems, petroleum refining, and pipeline transmission. The complete
systems include sophisticated pumps, sensors, valves, and control units that continuously monitor
the flow rate and the pressure along a line and automatically adjust the pump to meet pre-setpressure specifications. Most of Chicago Valve's systems are made up of standard components,and most complete systems are priced from $100 000 to $250 000. Because of the somewhattechnical nature of the products, the majority of Chicago Valve's sales people have a backgroundin engineering.
As he began to think about his assignment, Houston quickly came to the conclusion that thebest way to "sell" a system to a cost-conscious customer would be to conduct a capital budgetinganalysis which would demonstrate the cost effectiveness of the system. Further, Houstonconcluded that the best way to begin was with an analysis for one of Chicago Valve's actualcustomers.
From discussions with the firm's sales people, Houston concluded that a proposed sale toLone Star Petroleum, Inc. was perfect to use as an illustration. Lone Star is considering thepurchase of one of Chicago Valve's standard petroleum valve systems, which costs $200,000,including taxes and delivery. It would cost Lone Star another $12,500 to install the equipment, andthis expense would be added to the invoice price of the equipment to determine the depreciablebasis of the system. A MACRS class-life of five years would be used, but the system has aneconomic life of eight years, and it will be used for that period. After eight years, the system willprobably be obsolete, so it will have a zero salvage value at that time. Current depreciation
allowances for 5-year class property are 0.20, 0.32, 0.19, 0.12, 0.11, and 0.06 in Years 1-6,
respectively.
This system would replace a valve system which has been used for about twenty years and
which has been fully depreciated. The costs for removing the current system are about equal to its
scrap value, so its current net market value is zero. The advantages of the new system are greater
reliability and lower human mon.
Page 1 of 7 Fin516 201830 Assessment 2 Value 30.docxkarlhennesey
Page 1 of 7
Fin516 201830 Assessment 2
Value: 30%
Due date: 17-April-2018
Submission method options: Turitin
Task – Answer all questions.
Question 1 45 marks
Corning Limited, one of the leading glass producers, is currently evaluating a potential new
product; a tough but light curved glass designed for unusually shaped tall buildings and office
blocks. The new product would cost more than their usual commercial exterior glasses and in
market research conducted by the company’s research department at a cost of $650,000 it
was judged superior to various competing products. Monica Andrews, the Chief Financial
Officer, must analyse this project, along with other potential investments, and then present
her findings to the company’s executive committee.
The project will require construction of a new plant that would have an annual capacity of
75,000 tons and will cost an estimated $18,500,000 to build. The estimated purchase cost of
machinery is $13,500,000 but shipping costs to move the machinery to the plant would total
$425,000 and the estimated installation charge is another $575,000.The land on which the
plant will be built has been vacant since it was bought three years ago at a cost of $750,000,
which has already been paid and expensed for tax purposes.
The company expects its new plant to produce 65,000 tons of glass per year and the
management of Corning anticipates they can sell the product at $350 per ton allowing the
company to gain 10% market share in the first year of operation. Fixed costs are expected to
average $12,500,000 annually while variable costs are estimated to be around $125 per ton.
The plant and machinery will be depreciated to zero on a straight-line basis over ten years,
with an estimated sale value of $1,000,000 after 10 years at the end of the project.
Corning requires 11.5% return on the project. The company tax rate is 30%.
Now assume that you are an assistant to Monica and she has asked you to analyse the project
and then to present your findings to her. Therefore,
a. Calculate the project’s incremental cash flow for each year and present in a tabular form.
15 marks
b. Using the incremental cash flows calculate the project’s:
i. Payback Period 1.5 marks
ii. Net Present Value 5 marks
iii. Profitability Index 2 marks
iv. Discounted Payback Period 1.5 marks
v. Internal Rate of Return using interpolation method 7 marks
c. Identify and discuss any further information that you may requ ...
Social media is used in nearly every industry today, B2C and B2B. It is changing the marketing mix and the messaging style. This research looks at how social media is used among airlines. There is a multitude of advertising but a limited amount of selling going on.
ACC 546 Lessons in Excellence / acc546.comkopiko31
For more course tutorials visit
www.acc546.com
Please check All Included Assignments Below ACC 546 Individual Assignment Evaluating the Case Against Lehman Brothers ACC 546 Case 3.3 The Anonymous
For more course tutorials visit
www.uopacc561.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze
Air traffic forecast serves as an important quantitative basis for airport planning - in particular for capacity planning CAPEX ,as well as for aeronautical and non-aeronautical revenue planning. High level decisions and planning in airports relies heavilly on future airport activity.
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios
FOR MORE CLASSES VISIT
www.acc561genius.com
Purpose of Assignment This activity helps students recognize the significant role accounting plays in providing financial information to management for decision making through the evaluation of financial statements. This experiential assignment requires students to use ratios to evaluate and analyze a company’s liquidity, solvency, and profitability. Two-Rivers Inc. (TRI) manufactures a variety
Financial Analysis for Management Consultants & AnalystsAsen Gyczew
During many consulting projects, you will have to do a lot of financial analysis and draw conclusions about specific companies or industries. This is especially true during due diligence projects, strategic projects and turn-arounds. Financial analyses will help you decide which option is better, what investments you should take, estimate potential improvements or estimate the impact on the profit and the balance sheet. On top of that, during consulting projects, you have to do everything 3x faster and with little data. Therefore, I will teach you in this course how to do fast and efficiently financial analyses and how to draw conclusions from them
In the course you will learn the following things:
1. How to do financial analyses in Excel fast and efficiently
2. How to draw conclusions from the analyses
3. How to analyze financial statements in Excel
4. How to use financial indicators
5. How to model a business in Excel
6. How to analyze business units of the firm
7. How to carry out analyses related to M&A
8. How to evaluate potential investment in Excel
9. How to estimate the value of the firm using simple methods
For more check the following course: http://bit.ly/FinancialAnalysisExcel
6
Case 11
Czpö"
2,
Chicago Valve Company
Capital Budgeting
Directed
Although he was hired as a financial analyst after completing his MBA, Richard Houston's first
assignment at Chicago Valve was with the firm's marketing department. Historically, the major
focus of Chicago Valve's sales effort was on demonstrating the reliability and technological
superiority of the firm's product line. However, many of Chicago Valve's traditional customers
have embarked on cost-cutting programs in recent years. As a result, Chicago Valve's marketing
director asked Houston's boss, the financial VP, to lend Houston to marketing to help them
develop some analytical procedures that the sales force can use to demonstrate the financial
benefits of buying Chicago Valve's products.
Chicago Valve manufactures valve systems that are used in a wide variety of applications,
including sewage treatment systems, petroleum refining, and pipeline transmission. The complete
systems include sophisticated pumps, sensors, valves, and control units that continuously monitor
the flow rate and the pressure along a line and automatically adjust the pump to meet pre-setpressure specifications. Most of Chicago Valve's systems are made up of standard components,and most complete systems are priced from $100 000 to $250 000. Because of the somewhattechnical nature of the products, the majority of Chicago Valve's sales people have a backgroundin engineering.
As he began to think about his assignment, Houston quickly came to the conclusion that thebest way to "sell" a system to a cost-conscious customer would be to conduct a capital budgetinganalysis which would demonstrate the cost effectiveness of the system. Further, Houstonconcluded that the best way to begin was with an analysis for one of Chicago Valve's actualcustomers.
From discussions with the firm's sales people, Houston concluded that a proposed sale toLone Star Petroleum, Inc. was perfect to use as an illustration. Lone Star is considering thepurchase of one of Chicago Valve's standard petroleum valve systems, which costs $200,000,including taxes and delivery. It would cost Lone Star another $12,500 to install the equipment, andthis expense would be added to the invoice price of the equipment to determine the depreciablebasis of the system. A MACRS class-life of five years would be used, but the system has aneconomic life of eight years, and it will be used for that period. After eight years, the system willprobably be obsolete, so it will have a zero salvage value at that time. Current depreciation
allowances for 5-year class property are 0.20, 0.32, 0.19, 0.12, 0.11, and 0.06 in Years 1-6,
respectively.
This system would replace a valve system which has been used for about twenty years and
which has been fully depreciated. The costs for removing the current system are about equal to its
scrap value, so its current net market value is zero. The advantages of the new system are greater
reliability and lower human mon.
Page 1 of 7 Fin516 201830 Assessment 2 Value 30.docxkarlhennesey
Page 1 of 7
Fin516 201830 Assessment 2
Value: 30%
Due date: 17-April-2018
Submission method options: Turitin
Task – Answer all questions.
Question 1 45 marks
Corning Limited, one of the leading glass producers, is currently evaluating a potential new
product; a tough but light curved glass designed for unusually shaped tall buildings and office
blocks. The new product would cost more than their usual commercial exterior glasses and in
market research conducted by the company’s research department at a cost of $650,000 it
was judged superior to various competing products. Monica Andrews, the Chief Financial
Officer, must analyse this project, along with other potential investments, and then present
her findings to the company’s executive committee.
The project will require construction of a new plant that would have an annual capacity of
75,000 tons and will cost an estimated $18,500,000 to build. The estimated purchase cost of
machinery is $13,500,000 but shipping costs to move the machinery to the plant would total
$425,000 and the estimated installation charge is another $575,000.The land on which the
plant will be built has been vacant since it was bought three years ago at a cost of $750,000,
which has already been paid and expensed for tax purposes.
The company expects its new plant to produce 65,000 tons of glass per year and the
management of Corning anticipates they can sell the product at $350 per ton allowing the
company to gain 10% market share in the first year of operation. Fixed costs are expected to
average $12,500,000 annually while variable costs are estimated to be around $125 per ton.
The plant and machinery will be depreciated to zero on a straight-line basis over ten years,
with an estimated sale value of $1,000,000 after 10 years at the end of the project.
Corning requires 11.5% return on the project. The company tax rate is 30%.
Now assume that you are an assistant to Monica and she has asked you to analyse the project
and then to present your findings to her. Therefore,
a. Calculate the project’s incremental cash flow for each year and present in a tabular form.
15 marks
b. Using the incremental cash flows calculate the project’s:
i. Payback Period 1.5 marks
ii. Net Present Value 5 marks
iii. Profitability Index 2 marks
iv. Discounted Payback Period 1.5 marks
v. Internal Rate of Return using interpolation method 7 marks
c. Identify and discuss any further information that you may requ ...
Social media is used in nearly every industry today, B2C and B2B. It is changing the marketing mix and the messaging style. This research looks at how social media is used among airlines. There is a multitude of advertising but a limited amount of selling going on.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
Future Airline Business Models
1. The airline industry and its behavior Airlines display heterogeneity in their business models, which affects their financial success 1
2. The airline industry and its behavior Airlines display heterogeneity in their business models, which affects their financial success Business model heterogeneity is based on innovative and imitative behavior displayed by airlines 1 2
3. The airline industry and its behavior Airlines display heterogeneity in their business models, which affects their financial success Business model heterogeneity is based on innovative and imitative behavior displayed by airlines If airlines are innovative and imitative, what business model elements should be changed 1 3 2
4. Airlines and their business models are merely puzzles Airline business models are comprised of elements … and have an outcome $
5. Airlines and their business models are merely puzzles Airline business models are comprised of elements Airlines are imitative and innovative … and have an outcome $
6. Airlines and their business models are merely puzzles Airline business models are comprised of elements Airlines are imitative and innovative Algebra can determine the unique combinations of business model elements … and have an outcome $
7. Airlines and their business models are merely puzzles Airline business models are comprised of elements Airlines are innovative and imitative Algebra can determine the unique combinations of business model elements … and have an outcome $ … that leads to a predetermined outcome $
8. A British mathematician from 1830 helps to analyze the airline industry Boolean algebra Boolean algebra is the algebra of logic or the algebra of sets Principle is the identification of patterns of causation
9. A British mathematician from 1830 helps to analyze the airline industry Boolean algebra Qualitative comparative approach Boolean algebra is the algebra of logic or the algebra of sets Principle is the identification of patterns of causation QCA is a method that identifies commonalities across cases that share a similar outcome using Boolean algebra
10. A British mathematician from 1830 helps to analyze the airline industry Boolean algebra Qualitative comparative approach Multi-value QCA Boolean algebra is the algebra of logic or the algebra of sets Principle is the identification of patterns of causation QCA is a method that identifies commonalities across cases that share a similar outcome using Boolean algebra Multi-value QCA allows a researcher to incorporate more richness in sets
11. QCA: An example Arranged a party for a class of 11 students 8 students were not invited (0) 3 students were invited (1) Both invited and non-invited students were described using 3 conditions (smart, athletic, and wears glasses)
12. QCA: An example Arranged a party for a class of 11 students 8 students were not invited (0) 3 students were invited (1) Both invited and non-invited students were described using 3 conditions (smart, athletic, and wears glasses) Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
13. QCA: An example The combinations of independent variables that leads to not being invited is: 0 = a + bC In other words Those not invited are either not smart, or not athletic and wear glasses Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
14. QCA: An example The combinations of independent variables that leads to not being invited is: 0 = a + bC In other words Those not invited are either not smart, or not athletic and wear glasses Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
15. QCA: An example The combinations of independent variables that leads to not being invited is: 0 = a + bC In other words Those not invited are either not smart, or not athletic and wear glasses Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
16. QCA: An example The combinations of independent variables that leads to not being invited is: 0 = a + bC In other words Those not invited are either not smart, or not athletic and wear glasses Those invited are smart and do not wear glasses, or are smart and athletic 1 = Ac + AB Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
17. QCA: An example The combinations of independent variables that leads to not being invited is: 0 = a + bC In other words Those not invited are either not smart, or not athletic and wear glasses Those invited are smart and do not wear glasses, or are smart and athletic 1 = Ac + AB These conditions were dichotomous Multi-value QCA allows a researcher to introduce fuzziness into the conditions Cases Smart Athletic Wears glasses Invited A B C 1 0 0 0 0 2 0 0 1 0 3 0 1 0 0 4 0 1 1 0 5 0 1 0 0 6 1 0 0 1 7 1 0 1 0 8 1 1 0 1 9 1 1 1 1 10 1 0 1 0 11 0 1 1 0
21. A number of analyses are performed to describe the airline industry FSC LCC REGIONAL 4 1 5 2 3 6 10 7 8 13 9 11 12 Strategic group Leading firms Innovation analyses Imitation analyses:
22. A number of analyses are performed to describe the airline industry FSC LCC REGIONAL 4 1 5 2 3 6 10 7 8 13 9 11 12 Strategic group Leading firms Innovation analyses Imitation analyses:
23. An LCC innovation truth table Each letter represents a business model element (e.g. FFP or fleet composition) This is the outcome, or dependent variable. In this case it is operating margin. 2’s are high margin, 1’s are low, and 0’s are negative
24. An LCC innovation truth table Here are the unique combinations of business model elements for LCCs that consistently result in a high operating margin
25.
26. A number of analyses are performed to describe the airline industry FSC LCC REGIONAL 4 1 5 2 3 6 10 7 8 13 9 11 12 Strategic group Leading firms Innovation analyses Imitation analyses:
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28. The remaining analyses follow a similar pattern FSC LCC REGIONAL 4 1 5 2 3 6 10 7 8 13 9 11 12 Strategic group Leading firms Innovation analyses Imitation analyses: