Premium Essay

Shristi

In: Business and Management

Submitted By nijanchess
Words 486
Pages 2
sHRishti
SpiceJet Flies into Turbulence

The aviation industry in India is facing turbulent weather in recent times. As the aviation industry is gearing up to tap the potential market of 99.5% of the country’s population 1, the news of one of the country’s prominent low cost carriers in trouble, for the second time in three years has raised a lot of eyebrows.

The recent rescheduling/cancellation of SpiceJet flights have left irate passengers stranded, as the air fares of other airlines have shot up to 3 times. The company is facing a serious financial crunch of Rs 2000 crores to pay its debtors and meet the salary bill. Everything in this industry seems to be a fixed cost! There is also news about DGCA withdrawing slots for flying. The cyclic effect of operating cash shortage can be an indication of turmoil in the aviation industry. Pilots sense trouble and bail out to the competitors, the left over tend to fly extra hours which makes the travelers’ fearful of pilot fatigue. It’s all the money game. Only the ‘moolah’ gets you the fuel which is used to fly the aircraft and therefore the question arises whether to have all the pilots in the cockpit or the fuel to run the carrier. The same problem arises when it comes to fees related to takeoff and landing and other fixed expenses. The next major concern is the other employees…the engineers, flight attendants and the ground staff. They need to be paid too. Rs. 2000 crores is nowhere in sight though the Government has just used its goodwill to get

1 sHRishti

Rs. 600 crores to keep the wings in the air and there is some news of the promoters willing to part their shares to other investors.

You are the CHRO of the airlines and the Chief Operating Officer has asked you to work something out with the pilots and the staff to differ their salary. You are aware that people are never in a mood to give up their…...

Similar Documents

Premium Essay

Research Proposal on Impulse Buying Behaviour

...Thesis Proposal | Factors affecting the levels of Impulse Buying Behavior | Shristi Shakya Term VI | Table of Contents Chapter 1 1 Introduction 1 Background 1 Objectives of the Research 2 Statement of problem 2 Research Questions 2 Hypothesis 3 Need of the study 3 Limitations of the research 3 Chapter 2 3 Review of Literature 3 Literature Review 3 Theoretical Framework 3 Chapter 3 3 Research Design and Methodology 3 Research Design 3 Description of Population and Samples 3 Instrumentation 3 Data Collection Procedure: 3 Statistical tools used 3 Measurement: Scaling, Reliability and Validity 3 Bibliography 3 Chapter 1 Introduction Background An impulse purchase or impulse buy is an unplanned decision to buy a product or service, made just before a purchase (Wikipedia). Impulse buying is a sudden, compelling, hedonically complex purchase behavior in which the rapidity of the impulse purchase decision precludes any thoughtful, deliberate consideration of alternatives (Kacen, 2002). The speed of purchase decision prevents from any thoughts, considerations and studying other options or alternatives. Rook (1995) defines an impulse buying as follows: when a consumer experiences a sudden, often powerful, and persistent urge to buy something immediately. The impulse to buy is hedonically complex and may stimulate emotional conflict. The research on impulse buying behavior has many practical benefits and by revealing the......

Words: 3478 - Pages: 14

Free Essay

Information System of British American Tobacco

...Assignment on Information System of British American Tobacco Bangladesh Prepared for: Course Instructor: Dr. Alamgir Hossain Course No: BUS 516 Prepared by: Name | ID | Israt Nadia Orin | 131 1472 060 | Tazeen Hussain | 131 0699 060 | Marjana Tabassum Anna | 132 0636 060 | Shristi Rana | 131 0733 660 | Date of Submission: 19-08-2013 School of Business North South University Table of Contents 1. Letter of transmittal ……………………………………………………………………………. 3 2. Acknowledgement …………………………………………………………………………… 4 3. Executive Summary ……………………………………………………………………………. 5 4. Chapter: 1 Organizational Overview ……………………………………………………………………… 6 1.1 Background of British American Tobacco Bangladesh ……………………. 6 1.2 Production Process Overview ……………………………………………………….. 6 Production Process Flow ………………………………………………………………… 7 1.3Green Leaf Threshing Plant ………………………………………………………………. 8 1.4 Primary Manufacturing Departments………………………………………………. 8 1.5Secondary Manufacturing Departments ……………………………………………. 8 1.6 Distribution and Consumer ………………………………………………………………. 8 5. Chapter: 2 Information System in BATB ……………………………………………………………… 9-15 5. Chapter 3 Limitations …………………………………………………………………….. 16-17 6. Chapter 4 Prospects ……………………………………………………………………………. 18 7. Chapter 5 Conclusion……………………………………………………………………………. 19 8. Bibliography …………………………………………………………………………………………. 20 19th August, 2013 The Course......

Words: 3297 - Pages: 14

Premium Essay

Business Development Plan of Pratik Rai

...their computer or cell phone at their convenience. 3. Access to advice and consultation on fashion trends from our professionals EFS offer Fashion consulting service that is totally trendy and cost-effective to our client. With the online presence we have the ability to take our store experience and develop the same level of consultation and advice through our education and visual effects. 1.5 LEGAL STRUCTURE E-Fashion store will be established under The Company Act, 2063 as a partnership business. It is obliged to follow all the rules and regulations under the company act. 1.6 OWNERS The proposed business is partnership business. The startup owners of the business will be Mr. Shivaji Kusule, Ms. Sharmilli Shrestha and Ms. Shristi Shrestha. The business will start up with the equal capital of three partners and remaining funds will be made available from a bank loan. The collateral for the bank will be a personal property from the three partners. 1.7 FUTURE PLANS The EFS will primarily sell its products and services in the Kathmandu valley. Based on the future performance and position of our fashion store we have a plan to increase our focus outside the Kathmandu valley in near future. Our proposed future store will be at Pokhara, Biratnagar and Nepalgunj. In addition, we will look at other opportunities for our services. We will continue to survey our customers for desired products and services that will allow them to obtain their fashion goals and......

Words: 10568 - Pages: 43

Premium Essay

Icrier Retail Report

...material and accessories, home appliances, electronics under one roof; E-Zone: electronic durable; Electronic Bazaar: caters to the value segment; Collection I: home décor, home furnishing, home, home improvement to the lifestyle segment; Furniture Bazaar caters affordable furniture needs Future Logistics (100% PRIL subsidiary) Future Capital Limited (50:50 Joint venture Capital Land) Supply chain management to Future Retail and its subsidiaries Retail management services to retail malls in metro, mini-metro, tier 2 towns; FUTURE RETAIL Life Style Retail (Speciality stores & seamless mall) Value Retail (Hypermarkets &Discount stores) Pantaloon: consists of private labels: Pantaloon trousers, Bare jeans, John Miller, Shristi, Scotsville, Annabelle, Ajile, RIG, Euforia, JM Sport, Akkriti etc. Central: is a seamless mall with multiple national and international brands; aLL: caters plus size women ready to wear fashion clothes and accessories; Blue Sky: branded & private label accessories like, watches, sunglasses; Fashion station: fashion products to mass market; Gen M is mobile retail and M ports offers IT based applications; Depot: retailing books, toys, gift items; Health Village offers services in fitness, beauty, & health; Food Bazaar & Big Bazaar: caters a range of products: fresh food & vegetables, groceries, consumer durables, clothing; Shoe Factory: stand alone stores catering footwear; MBazaar: located with Big Bazaar is a mobile retail......

Words: 95472 - Pages: 382

Premium Essay

Women Entrepreneurs in Smes Bangladesh Perspective

...entrepreneur. People know her and she feels she is contributing through her income. She wants to expand her business to other fronts in future. She feels that women should take up entrepreneurship as a profession and should become self sufficient through their own income. Prepared by: MIDAS Page - 203 Study on Women Entrepreneurs in SMEs: Bangladesh Perspective CASE STUDY 9: LADIES TAILORS & BOUTIQUE SHOP – PIBHA Ayesha Akhter Liza had a struggling life. Her father had died and she didn’t have any brother or sister. Her mother depended upon her and the whole family expense was maintained by her. After SSC, she did a Tailoring Course from Jubo Unnayan Adhidapter. With her training she was offered a job in a Tailoring shop named Shristi. At home she made dresses and sold her products to various shops and boutiques in Rajshahi. In 2004, she started a shop at Sonadigha More, Shaheb Bazar, Rajshahi, operating her shop in partnership with another person. Among the products sold were here-piece dresses, Punjabis, fotuwas and a variety of dresses both for men and women. Investment: Initially her investment was Taka ten thousand and then she again paid Taka fifty thousand when she went into partnership and more products were included for sale in the shop. Later she took a loan from BRAC in order to increase her production of dresses for festivals. Social factors: She faced problems in her business as she was not always available in the shop due to her education since she......

Words: 136702 - Pages: 547

カンザキイオリ | 2 x SILIKON AUFKLEBER 3D GEL EMBLEM OPEL STICKERS AUTO MOTO TUNING LOGO | Lukas (HDrip) VO...