Monday, April 29, 2019
Analysis on British Airways Essay Example | Topics and Well Written Essays - 1000 words
Analysis on British Airways - Essay ExamplePolitical factors is an another(prenominal) crucial neck that is considered by the company to get word the country has a stable government as political eye socket usually has a great influence on consumers spending power and calling regulation. or so of the political factors British Airways consider are the stability of the government, the influence of the government on taxation and persuasion of the government on the marketing ethics. Since there are other competitors in the line of reasoning transport industry, British Airways has taken into consideration that their customers have a high bargaining power. repayable to this reason, they ensure that the fare rate are friendly as their customers can always batter to purchase the substitute services from other airline companies. However, due to the high capital required to blend in an airline, British Airways is not under a very severe threat as compared to other business ventures th at would require low capital to be started. On the other hand, the organization has to ensure it spends heavily on advertising since there are a number of other companies offer the same services of air transport. For this case, it has to keep on advertising and offering competitive fare rates and other promotional activities to pledge them that their services will continue customary in the market. Another factor that has guaranteed the services of British Airways that they will continue to prevail in the origination market in their product services. They have ensured that the services are quality.... Since there are other competitors in the air transport industry, British airways has taken into consideration that their customers have a high bargaining power. Due to this reason they ensure that the fare rates are friendly as their customers can always switch to purchase the substitute services from other airline companies. However, due to the high capital required to start an air line, British airways is not under a very severe threat as compared to other business ventures that would require low capital to be started. On the other hand, the organization has to ensure it spends heavily on advertising since there are a number of other companies offering the same services of air transport. For this case, it has to keep on advertising and offering competitive fare rates and other promotion activities to guarantee them that their services will continue prevailing in the market. 1Another factor that has guaranteed the services of British Airways that they will continue to prevail in the world market in their product services. They have ensure that they services are quality and their guarantee safety for their passengers. Being on of the oldest airline in the world, it has a brand name that has increased their goodwill in the market. British Airways do not operate on fixed rates on their fares through the years and for this case, they usually have seasonal pricing whereby they aim more during the peak season and low rates during low seasons. They also ensure that they charge minify rates for customers who pay a return tatter unlike if one pays for one ways ticket and another one when returning which is expensive. 2British Airways has ensured that their services are within the reach of their clients since they
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