"The COVID-19 pandemic has had an unprecedented impact on the aviation industry, with theairline sector facing the greatest crisis in its history. As countries around the world imposedborder controls and travel restrictions to prevent the spread of the virus, airlines faced asudden and precipitous fall in the demand for air travel. In response, the SIA Group had tosignificantly reduce capacity to cut operating costs and ground a large part of its fleet. Theimpact on the Group has been exacerbated by the absence of a domestic market to fall backon.Source: Singapore Airlines Annual Report (FY2019/20 p.8)Show how SIA managed to achieve strong cargo revenues despite the plunge in passengerrevenues in the period FY2019/20 to FY2021/2022. You should highlight the key initiativesthat SIA took to cushion the impact of COVID-19 on demand for air travel. Give reasons tosupport your answer.

The COVID-19 pandemic has had a devastating impact on the aviation industry, with airlines…

Answered: "The COVID-19 pandemic has had an…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Zaid Store,one of the retailers from the kingdom, was well-prepared for this year's Covid-19 lockdowns, thanks to its existing omni-channel expertise. The Saudi retailer had already invested in digital infrastructure for online retailing and a a result was able to serve customers as they started to do much more of their shopping online during the coronavirus pandemic. During the lockdown, the UAE arm of the business noticed a sudden high demand for home delivery, and it was able to respond while at the same time offering a new range of services to customers who were now buying from home rather than in stores that were closed in many markets during the lockdown. "Omni-channel" means: OA. Buy from the online store as well as the offline store O B. Buy from the online store only OC. Neither from the online nor the offline stores OD. Buy from the offline store only
Fashion Fair Corp., the first mover in the “all-year discount” stores market, lost its market share to a late entrant, Brand Fair Inc. Brand Fair operates online discount stores, which is cost-efficient when compared to investing in a brick-and-mortar store. Fashion Fair has been unable to replicate the online store business model because of its existing contracts with suppliers and heavy investment in retail stores. This ultimately leads to the failure of the business. Which of the following can be attributed to Fashion Fair’s failure? 1. A) Incumbent inertia2. B) Use of tacit resources3. C) Free-rider effect4. D) Presence of low exit barriers Why is it A?
The Covid-19 pandemic so far has costed nearly two hundreds thousands lives, most of whom areelderly and patients with chronic illnesses. To contain the spreading of this highly infectiousdisease, governments have resorted to restriction of dine-in hours, closure of bars and pubs,quarantine of incoming passengers, lock-down of entire cities as in the case of London, bringingglobal economic activities to a standstill.The long, eagerly-awaited news of vaccines that can effectively combat the Covid-19 virus havefinally been confirmed. However, given the massive scale of the pandemic, inoculating even tenpercent of the world’s population would take 2-3 years.To make the best use of the limited supply of vaccines, the head of World Health Organizationasks his staff to develop a priority list and answer the following questions.Q: Should people who make society flourish through their economic productivity, such as the employees of Goldman Sachs, be put into the priority group?
The Covid-19 pandemic so far has costed nearly two hundreds thousands lives, most of whom areelderly and patients with chronic illnesses. To contain the spreading of this highly infectiousdisease, governments have resorted to restriction of dine-in hours, closure of bars and pubs,quarantine of incoming passengers, lock-down of entire cities as in the case of London, bringingglobal economic activities to a standstill.The long, eagerly-awaited news of vaccines that can effectively combat the Covid-19 virus havefinally been confirmed. However, given the massive scale of the pandemic, inoculating even tenpercent of the world’s population would take 2-3 years.To make the best use of the limited supply of vaccines, the head of World Health Organizationasks his staff to develop a priority list and answer the following questions.Q: From a justice as fairness perspective, who should be in the priority group?
COVID-19 Containment in Oman Using Technologies Oman has deployed some of the most sophisticated technological technology ever deployed in the Middle East to track the migration and spread of COVID-19 and to ensure patient compliance with isolation measures in an effort to contain the disease in the area. The platform, dubbed Tarassud Plus, integrates an artificial intelligence-driven mobile application with enhanced features such as up-to-date COVID-19 info, infection prevention tips, and best practices. Additionally, the application allows access to telephone hotlines and support personnel, enabling individuals to discuss their symptoms and be directed to suitable care centers. Once diagnosed, an application-attached medical tracking bracelet ensures that patients stay at home throughout their quarantine or isolation time. “As countries across the world recover from lockdowns, we must remain vigilant,” said Dr Jaffar Hussain, acting WHO delegate in Oman. “We can ensure the infection…
AO-Funded Aquaponics Project Launched In Barbados Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time, multiple sources of…
India is home to some of the world’s deadliest roads. However, international automobile makers do not provide standard safety features in entry-level cars sold in India that are required in other developed countries. India’s death toll on the roads has ranked top in the world for eight straight years, exceeding 130,000 fatalities a year. Despite this, automakers strip safety features such as air bags and antilock brakes out of the cars most people in India drive. They argue that Indian consumers cannot afford or are not willing to pay for safety features that could increase the cost of the car by 30 percent or more. Some manufacturers have begun to offer more safety features as standard in their models. But other producers are offering them only as an option, and some are not offering them at all to maintain price competitiveness. Discuss world organizations that assist companies in developing and abiding by global standards to protect consumers worldwide.
India is home to some of the world’s deadliest roads. However, international automobile makers do not provide standard safety features in entry-level cars sold in India that are required in other developed countries. India’s death toll on the roads has ranked top in the world for eight straight years, exceeding 130,000 fatalities a year. Despite this, automakers strip safety features such as air bags and antilock brakes out of the cars most people in India drive. They argue that Indian consumers cannot afford or are not willing to pay for safety features that could increase the cost of the car by 30 percent or more. Some manufacturers have begun to offer more safety features as standard in their models. But other producers are offering them only as an option, and some are not offering them at all to maintain price competitiveness. Is it right for manufacturers to include product safety features that are known to save lives in countries that require them but not to include such features…
In the first three months of 2017, five department stores—Macy’s, Kohl’s, Dillard’s, J.C. Penney and Nordstrom—collectively lost $4.6 billion in market value, per analysis from Bloomberg and Financial Times. Nordstrom was downgraded by J.P. Morgan after executives at the retailer said bricks-and-mortar sales hadn’t been so bad since 1972. Now in 2020-1: There is Covid. So, if you were a retail business leader, what are the implications? As a business leader in retail, what would you do next?
After reading Ivey Publishing's article "University of Chicago medicine: Transformation and sustainment of the supply chain and adapting to covid-19, What challenges did the outbreak of the COVID-19 pandemic present to the UCM supply chain? How was it able to meet those challenges?
AMC Entertainment is one of the largest movie theatre chains in the world. However, the company's business has been suffering. For starters, internet video streaming services such as Netflix are putting movie theatres to the test in terms of attracting people. Furthermore, the COVID-19 pandemic has harmed the theatre industry as people attempt to avoid crowded areas. As a result, numerous theatre stocks have fallen in value, perhaps attracting acquirers looking for bargains. AMC Entertainment or another theatre network might be beneficial to Amazon.com in a number of ways. It might help Amazon.com expand the reach of its series and movies, allowing the company to make more money from its production operation. Amazon could bundle complimentary theatre tickets with a Prime subscription, increasing the service's appeal, attracting more customers, and increasing subscription revenue. Prime members pay $119 per year to gain access to a variety of benefits, including free shipping on Amazon…
The investment required to bring South Africa’s rail network back to its design specification was “huge” according to head of Transnet Portia Derby. She also mentioned that Transnet needed to re-establish or upgrade its track signalling and substations, among other items. All inclusive, track upgrading came with a price tag of almost R100-billion that needed to be spent over the next seven years. She noted, however, that cable theft was a significant challenge, not only for Transnet, but also for Eskom, Telkom and municipalities. In addition, Derby noted that Transnet recently started working with the Passenger Rail Agency of South Africa to deal with the issue of cable theft. Meanwhile, Derby noted that, in South Africa, using rail for cargo transportation has fallen to about 3% of total cargo movements in the country. “I imagine that the same disastrous situation has also arisen in [the rest of the] SADC [region],” She pointed out, however, that rail gauge was not a big concern,…

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