For this assessment, assume SOUTHWEST AIRLINES just made you president. As the n
ID: 381840 • Letter: F
Question
For this assessment, assume SOUTHWEST AIRLINES just made you president. As the new president, create an organized and well-written report 4-6 paragraph for SOUTHWEST AIRLINES stakeholders that includes the following subheadings and content:
Financial Objectives: Any airline is concerned with safely getting people from one point to another and doing so in a way that is profitable. Detail how SOUTHWEST AIRLINES plans to accomplish this by listing four of SOUTHWEST AIRLINES new financial goals.
Identify at least four specific financial goals, all geared toward increasing profitability through bringing in revenue or reducing expenses. Describe the rationale behind your goals.
Consider the market standing, productivity, facilities, stockholders (if applicable), worker performance, profitability, innovation, and social responsibility.
Explanation / Answer
Report on SOUTHWEST AIRLINES
Financial Objectives:
The financial objectives of the Airline company are as follows:
The company have the certain financial objects to achieve in coming years. The acquisition of new companies in order to enhance the technological innovations and it would enhance the productivity. They want to develop market for the boosting the revenue growth. It can be done by providing best quality and safe services to the customers. They want to become a leader in the society by reducing the price of the services among all the airline service provider. They have the financial objective to invests in the capital market so as to get the returns from there. This will help in boosting the company revenue.
The market standing of the Airline service provider companies are very huge as the time plays an important role in developing it. The company is providing the quality services so there would be some positive sounds to the business.
The productivity would be enhancing when the services provided to the customer in the safe manner and it would surely work for the enhancing the customer base. The facilities they provide are within the low-cost budget so most of the people can able to afford it. As this is the service sector, so the company looks for the continue innovations in the services they provide with the technology enhancement. They do educate the customers for the same.
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