Free Essay

Week 5 Case Analysis

In: Business and Management

Submitted By savyshopper91
Words 369
Pages 2
MGMT530 – Labadee Decision
Week 5 Case Analysis Template

The objectives for the assignment were to define the uncertainties using a risk profile and make the recommendation for a decision for the Labadee Case.
Students will have a wide variety of responses based on the limited information provided in the case.

Risk Profile Uncertainty 1: How will the guests react? | Outcome: | Chance | Consequences: | Guests react positively | 50 | Attract more guests that want to assist Royal Caribbean International in the aid efforts to the people of Haiti | Guests react negatively | 50 | Cancellation of their reservations | Uncertainty 2: How will Labadee be impacted? | Outcome: | Chance | Consequences: | Haiti is impacted positively | 70 | Community will maintain income and receive assistance from Royal Caribbean International and guests traveling | Haiti is impacted negatively | 30 | Community will lose income and Haiti will be worse off by Royal Caribbean not stopping at the port | Uncertainty 3: How will the media respond? | Outcome: | Chance | Consequences: | Good press | 20 | Royal Caribbean International continues to stop in Haiti | Bad press | 80 | Royal Caribbean International removes Labadee from the itinerary |
Decision Recommendation Decision Recommendation | Alternative Recommended | Summary Rationale | Continue stops to Labadee | Based on the outcomes weighed, I think it is in the best interest for Royal Caribbean International and Haiti that the ships continue make stops at Labadee. The stops to Haiti will help the community that depends heavily on the income from Royal Caribbean International to help themselves and their families recover from the disaster. If they abandon the stop, it will leave Haiti in worse condition as they will have lost their routine financial support. If they continue to make stops to Haiti, it could potentially attract more guests, and these guests might be willing to assist with disaster reliefs. If Royal Caribbean International abandons the stop to Labadee, then this could lead to bad press. They would look as if they only want to gain revenue and not assist the Haitian community. The press might not start out “good” when the cruise line decides to continue to keep Labadee in their itinerary, but once the press notices that by continuing the stop, they are actually helping the community suffering from disaster, the press may then be good. |

Similar Documents

Premium Essay

Life's Choices Case Analysis Week #5

...Life's Choices Case Analysis Week #5 Uncertainties and Decision Uncertainty becomes relevant to a decision problem when it is impossible to know which outcome will occur. This may be due to missing information, or because the outcome depends on other factors. Mark and Annie must have a method of dealing with uncertainty in their decision determine the expected value of potential outcomes. A decision tree is a method of assessing the preferred outcome where multiple sources of uncertainty may exist. As an analysis model that provides a graphical alter¬native to a decision by illustrating conditions and actions in sequence a decision tree can help Mark and Annie with their uncertainties. By looking at the decision to be made, chance or uncertain events and scenario, scenario outcomes, and probability outcomes, Mark and Annie may have an easier time making their choice. Trade-off becomes relevant whenever a decision problem involves multiple, possibly conflicting, objectives. In Mark and Annie's situation more than one objective is relevant. In some cases, an option may also be dominated if it only offers very small advantages but has significant disadvantages. By ranking objectives on a scale, one method of converting rankings to a similar scale is proportional scoring. Using this method, the best outcome is assigned a rating of 100, the worst a rating of 0, and all other outcomes are given a rating based on where they fall between those two scores. If the outcomes...

Words: 731 - Pages: 3

Free Essay

Mgmt 530 Week 5 Case Analysis Labadee Decision

...MGMT 530 Week 5 Case Analysis Labadee Decision To Buy This material Click below link http://www.uoptutors.com/mgmt-530/mgmt-530-week-5-case-analysis-labadee-decision In January 2010, the island nation of Haiti was devastated by an earthquake. Royal Caribbean International, a major cruise line, owns a private beach in Haiti, which is typically a port of call on several of their Caribbean cruise itineraries. The private port, known as Labadee, is about 80 miles away from Port au Prince. The beach was unaffected by the quake. In the days following the earthquake, the company wrestled with several issues as they determined whether to continue to stop in Labadee or temporarily abandon the port of call. Their objectives would be to 1) ensure guest satisfaction; 2) protect the brand; and 3) maximize profitability. Some of the consequences they considered as they tried to determine whether the cruise line should continue to make a stop in Haiti in the midst of this crisis are as follows. Will cruise passengers be interested in relaxing on a beach when hundreds of thousands are homeless and hungry just 80 miles away? Could this impact new reservations or cause people to cancel? Based on research and consulting with others, you believe there will be minimal impact. Because the community near the beach depends financially on the cruise line for income, would suspending the stop in Haiti make the country worse off? Based on your analysis, there is a high likelihood that the area...

Words: 446 - Pages: 2

Premium Essay

Bus 401 Entire Course

...consists of: BUS 401 Week 1 Assignment, Comparative Analysis.doc BUS 401 Week 1 Assignment, Ratio Analysis, Problem (4-10).xlsx BUS 401 Week 1 DQ 1, Goals of the Firm and Real Interest Rates.doc BUS 401 Week 1 DQ 2, Cash Flow and Ratio Analysis, Problem (3-2, 4-5(Mitchem Marble ).doc BUS 401 Week 1 Quiz.pdf BUS 401 Week 1, DQ 1, Corporate Income Tax and Real Interest Rates, Problem 1-2(Page 26), 2-2(Page 58).xlsx BUS 401 Week 1, DQ 2, Cash Flow and Ratio Analysis, Problem 3-2 (Page 85), 4-2(Page 122).doc BUS 401 Week 2 Assignment, Mini Case, Alternative Investments(Page 254).xlsx BUS 401 Week 2 DQ 1, Annuity and Capital Asset Pricing(Problems 5-6, 6-4).doc BUS 401 Week 2 DQ 2, Bond and Common Stock (problem 7-8, 7-10, 8-16).doc BUS 401 Week 2 Quiz Version a.pdf BUS 401 Week 2 Quiz Version b.pdf BUS 401 Week 2 Quiz Version c.pdf BUS 401 Week 2, Assignment, Mini Case.xlsx BUS 401 Week 3 Assignment, Weighted Average Cost(Mini Case Page 368).xlsx BUS 401 Week 3 DQ 1 NPV, PI and IRR, Problem 9-4 (Page 289), 10-4(Page 235).doc BUS 401 Week 3 DQ 2 Calculating Free Cash Flow, Problem 11-4(Spartan Stores).doc BUS 401 Week 3 DQ 2 Cost of Debt, Problem 11-10(Page 365).doc BUS 401 Week 3 Quiz Version a.pdf BUS 401 Week 3 Quiz Version b.pdf BUS 401 Week 3 Quiz Version c.pdf BUS 401 Week 4 Assignment, Break Even Analysis(Mini Case 2).xlsx BUS 401 Week 4 Assignment, Flotation Cost and Issue Size (13-2).xlsx BUS 401 Week 4 Quiz Version a.pdf BUS 401 Week 4 Quiz Version b.pdf ...

Words: 3672 - Pages: 15

Premium Essay

About Culture

...Strategy Course Description The course defines the objectives and strategies of international business. The course emphasizes economic analysis of international business strategy formulation. Topics covered include gains from trade, costs of trade, and the competitive strategy of the international business. The course considers alternative modes of market entry, including import and export through intermediaries, contracting with suppliers and distributors, strategic alliances and foreign direct investment (FDI). Case studies are used to illustrate the basic principles of multinational business management and strategy. The course introduces the “Strategy Star” analysis. The first week of the course is dedicated to introducing international business strategy and providing a review of the micro-economics concepts that will be employed during the course. The course then introduces the concept of the ‘Global Value Connection.” This concept is used to develop global competitive strategies that depend on doing business between countries. Weeks 2 and 3 present strategies for providing global added value. The course highlights the economic aspects of gains and costs of trade that are relevant to the international business manager. Weeks 4, 5, and 6 develop the different sets of country features around the “Global Strategy Star Analysis.” This provides a framework for understanding and building an international business, and achieving competitive advantage in the global...

Words: 2993 - Pages: 12

Premium Essay

Mooj

...BBA340 Cross Cultural Management Department of Marketing and Management Faculty of Business and Economics Unit Guide E2 Evening; Offered in Session 2, North Ryde 2012 Table of Content Table of Content General Information 2 3 Convenor and teaching staff Credit Points Prerequisites Corequisites Co-badged status Unit Description 3 3 3 3 3 3 Learning Outcomes Graduate Capabilities 4 5 Capable of Professional and Personal Judgement and Initiative Engaged and Ethical Local and Global citizens Discipline Specific Knowledge and Skills Critical, Analytical and Integrative Thinking Assessment Tasks 5 5 6 6 8 Case Study and Presentation Media Report Analysis Final Examination 8 9 10 Unit Schedule Delivery and Resources 12 14 Classes Prizes Required and Recommended Texts and/or Materials Teachnology Used and Required Learning and Teaching Activities Policies and Procedures 14 14 14 15 15 17 Academic Honesty Grades Grading Appeals and Final Examination Script Viewing Special Consideration Policy Student Support Student Enquiry Service Equity Support IT Help Research and Practice 17 17 17 17 18 18 18 18 19 Page 2 of 19 General Information Convenor and teaching staff Unit Convenor: Meena Chavan Email: meena.chavan@mq.edu.au Other Staff: Choon-Hwa Lim Email: choon-hwa.lim@mq.edu.au Credit Points 3 Prerequisites 42cp Corequisites N/A Co-badged status ...

Words: 4289 - Pages: 18

Premium Essay

Mgmt 410 All Assignments Week 1 to 7

...MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 To purchase this visit following link: http://www.activitymode.com/product/mgmt-410-all-assignments-week-1-to-7/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 MGMT 410 All Assignments Week 1 To 7 MGMT 410 Week 1 Strategic Linkages Assignment MGMT 410 Week 2 Case Study; Off-the-Job Behaviors MGMT 410 Week 3 Web Exercise; Understanding Job Analysis MGMT 410 Week 5 Simulation; JVA Corporation MGMT 410 Week 6 Case Study; A Perky Way to Productivity MGMT 410 Week 7 Case Study; Collective Bargaining at West University Activity mode aims to provide quality study notes and tutorials to the students of MGMT 410 All Assignments Week 1 To 7 in order to ace their studies. MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 To purchase this visit following link: http://www.activitymode.com/product/mgmt-410-all-assignments-week-1-to-7/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGMT 410 ALL ASSIGNMENTS WEEK 1 TO 7 MGMT 410 All Assignments Week 1 To 7 MGMT 410 Week 1 Strategic Linkages Assignment MGMT 410 Week 2 Case Study; Off-the-Job Behaviors MGMT 410 Week 3 Web Exercise; Understanding Job Analysis MGMT 410 Week 5 Simulation; JVA Corporation MGMT 410 Week 6 Case Study; A Perky Way to Productivity MGMT 410 Week 7 Case Study; Collective Bargaining at West University Activity mode aims to provide quality study notes and tutorials to the students of MGMT 410 All Assignments Week 1 To 7 in order to ace their studies...

Words: 793 - Pages: 4

Premium Essay

Priyanka

...Title MICRO ECONOMICS Courses with conceptual focus Course Planner 12526::Pooja Kansra Lectures 4.0 Tutorials Practicals Credits 1.0 0.0 5.0 TextBooks Sr No T-1 Title Microeconomics Theory and Applications Reference Books Sr No R-1 R-2 R-3 Other Reading Sr No OR-1 OR-2 OR-3 OR-4 OR-5 OR-6 OR-7 Journals articles as Compulsary reading (specific articles, complete reference) Kwang Ng,Yew,Why Is a Financial Crisis Important? The Significance of the Relaxation of the Assumption of Perfect Competition,International Journal of Business and Economics,2009,Vol.8,No.2,91-114 , Roman Indrest and Tommasso Valletti,Price Discrimination in input markets,The Rand Journal of Economics,Vol. 40,No.1,Spring 2009,1-19 , Cordtz,Dan,Car wars: A global report on Auto Industry,FInancial World,August 22,1989;158,17;ABI/INFORM Global , S.k.Mishra,A Brief History of Production Functions,The IUP Journal of Managerial Economics,November,2010,Vol. VIII,No. 4,pp.6-34 , Monika Jain,Paradox of Plenty,with Special Reference to Inelastic Demand for Apples,The IUP Journal of Managerial Economics,May,2011,Vol. IX,No. 2,pp.4455 , Cathy Locke Bee Staff Writer. The Sacramento Bee ,"EID report reveals household water use on rise An analysis of supply, demand recommends holding off on meters" http://search.proquest.com/docview/246565304?accountid=80692 , Yeung; Vincent Mok,Regional monopoly and interregional and intraregional competition :The parallel trade in coca cola between shanghai and Hangzhou in China,Economic Geography;...

Words: 3278 - Pages: 14

Premium Essay

Mngm340

...Week 1 Reading * Chapter 1: The Systems Development Environment * Chapter 2: The Sources of Software Problems and Exercises * Chapter 1, Problems/Exercises, Questions 1 and 8. * Chapter 2, Problems/Exercises, Questions 3 and 4. Submit your assignment (in a single MS Word document) to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions or watch this Tutorial Dropbox Tutorial. The dropbox for this assignment is called "Week 1: Problems and Exercises". See the Syllabus section "Due Dates for Assignments & Exams" for due date information. Course Project Company Overview Package Petrie's Electronics Case * Petrie's Electronics Case, Chapter 2, Questions 1, 2, and 4. See Course Project tabs underneath this week and the Course Home. Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions or watch this Tutorial Dropbox Tutorial. The dropbox for this assignment is called "Week 1: Petries' Electronics Cases Ch 2". See the Syllabus section "Due Dates for Assignments & Exams" for due date information. Week 2 Reading * Chapter 3: Managing the Information Systems Project * Chapter 4: Systems Planning and Selection Problems and Exercises * Chapter 3, Problems/Exercises, Questions 2 and 4. * Chapter 4, Problems/Exercises...

Words: 1057 - Pages: 5

Premium Essay

Critical Path

...Critical Path Analysis & PERT Charts Planning and scheduling more complex projects The benefit of using CPA over Gantt Charts is that Critical Path Analysis formally identifies tasks which must be completed on time for the whole project to be completed on time, and also identifies which tasks can be delayed for a while if resource needs to be reallocated to catch up on missed tasks. The disadvantage of CPA is that the relation of tasks to time is not as immediately obvious as with Gantt Charts. This can make them more difficult to understand for someone who is not familiar with the technique. A further benefit of Critical Path Analysis is that it helps you to identify the minimum length of time needed to complete a project. Where you need to run an accelerated project, it helps you to identify which project steps you should accelerate to complete the project within the available time. This helps you to minimize cost while still achieving your objective. As with Gantt Charts, the essential concept behind Critical Path Analysis is that you cannot start some activities until others are finished. These activities need to be completed in a sequence, with each stage being more-or-less completed before the next stage can begin. These are 'sequential' activities. Other activities are not dependent on completion of any other tasks. You can do these at any time before or after a particular stage is reached. These are non-dependent or 'parallel' tasks. Use the following steps to draw a...

Words: 1495 - Pages: 6

Premium Essay

Bus 519 Week 3 Assignment 1 – Assess Organizational Readiness

...BUS 519 WEEK 3 ASSIGNMENT 1 – ASSESS ORGANIZATIONAL READINESS To purchase this Click here: http://www.activitymode.com/product/bus-519-week-3-assignment-1-assess-organizational-readiness/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUS 519 WEEK 3 ASSIGNMENT 1 - ASSESS ORGANIZATIONAL READINESS Note: The assignments are a series of papers that are based on the same case, which is located in the Student Center of the course shell. The assignments are dependent upon one another. Review the assigned case study (attached) and complete this assignment. Write five to seven (5-7) page paper in which you: 1. Analyze how the Critical Success Factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis. 2. Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification for your response. 3. Develop at least three (3) project risk recommendations based on the analysis from criteria number 1 and 2 of this assignment. 4. Identify the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist (Figure A-2, Hillson & Simon text). 5. Use at least four (4) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Click Here to Buy this; http://www.activitymode.com/product/bus-519-week-3-assignment-1-assess-organizational-readiness Activity mode aims to...

Words: 799 - Pages: 4

Premium Essay

Fin 320 Entire Course

...FIN 320 Week 1 Individual Assignment Ethics Article Analysis FIN 320 Week 1 DQ 1 FIN 320 Week 1 DQ 2 FIN 320 Week 2 Assignments from the Readings FIN 320 Week 2 Team Assignment Financial Performance Case Study FIN 320 Week 2 DQ 1 FIN 320 Week 2 DQ 2 FIN 320 Week 3 Assignments from the Readings FIN 320 Week 3 Individual Assignment Working Capital Management Paper FIN 320 Week 3 DQ 1 FIN 320 Week 3 DQ 2 FIN 320 Week 4 Team Assignment Working Capital Case Study FIN 320 Week 4 Individual Assignment Utilizing the TVM Simulation Summary FIN 320 Week 4 Team Assignment Cost of Capital Memo FIN 320 Week 4 DQ 1 FIN 320 Week 4 DQ 2 FIN 320 Week 5 Individual Assignment International Risk Paper FIN 320 Week 5 Individual Assignment Financial Intermediaries Paper FIN 320 Week 5 Team Assignment Capital Investment Decisions Case Study and Presentation FIN 320 Week 5 DQ 1 FIN 320 Week 5 DQ 2 Activity mode aims to provide quality study notes and tutorials to the students of FIN 320 Entire Course in order to ace their studies. FIN 320 ENTIRE COURSE To purchase this Click here: http://www.activitymode.com/product/fin-320-entire-course/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIN 320 ENTIRE COURSE FIN 320 Week 1 Individual Assignment Ethics Article Analysis FIN 320 Week 1 DQ 1 FIN 320 Week 1 DQ 2 FIN 320 Week 2 Assignments from the Readings FIN 320 Week 2 Team Assignment Financial Performance Case Study FIN 320 Week 2 DQ 1 FIN 320 Week 2 DQ 2 FIN 320 Week 3 Assignments...

Words: 877 - Pages: 4

Premium Essay

Business

...2015-03-16 Case Assignment & Guiding Questions for Case Analysis Prof. Park Strategic Management Course Requirements & Grading Attendance/Class Contribution Mid-term(in class) Real Case Analysis (Final Group Project) * replace the final exam * Adjusted by peer evaluation Case Report and Presentation (Group Project) * Adjusted by peer evaluation 20% 30% 35% 15% Total 100% 1 2015-03-16 Case Report and Presentation (Group Project) • We will discuss around 10 business cases in this class. • Teams will be assigned to analyze the case and present the results in class. • For your analysis, there will be guideline questions to discuss. • Presentation time: around 15-20 minutes • # of presenters: one or two students • Each team need to bring 2‐3 questions and lead class discussion. (After your analysis, you may have some questions that you want to share with classmates) List of Cases and Presentation Schedule Case Related Topics Presentation Day 4th Week(Mar 23) 5th Week(Mar 30) Smartphone War b/w 1 Samsung and Apple 2/3 Apple 2010 4 Costco 5-Forces model Internal analysis Differentiation Strategy Cost Leadership 6th Week(Apr 6) 8th Week(Apr 20 or 21) 9th Week(Apr 27) 10th Week(May 4) 11th Week(May 11) 12th Week(May 18) 13th Week(May 26) 13th Week(May 26) 5 The Walt Disney Company Corporate-level Strategy 6 Samsung Sony JVC 7 Daimler Chrysler 8 Two‐Sided Markets 9 10 Strategic Alliance M&A Platform Open Innovation Open Innovation P&G's...

Words: 799 - Pages: 4

Premium Essay

Micro Economic

...Lovely Professional University,Punjab Format For Instruction Plan [for Courses with Lectures and Tutorials ] Course No. ECO111 Course Title: MICRO ECONOMICS L: 4 T: 1 P: 0 Cr: 5 Course Planner :- 13612 :: Chander Shekhar Dogra TextBook 1. Geetika, Ghosh Piyali, Purba Roy Choudhury, Managerial Economics, Tata McGraw Hill, New Delhi, 2008 Other Specific Books 2. 3. 4. Other Readings Ahuja, H.L,”Modern Microeconomics Theory and Applications,” Sultan Chand, 2008 Misra and Puri, Economic Environment of Business, 4th Edition, 2007. Samuelson, P.A. and W.D. Nordhaus (1998), Economics, Tata McGraw Hill, New Delhi 2008 Dominick Salvatore, Managerial Economics, Oxford University Press, Sixth Edition Sr. No. Jouranls atricles as compulsary readings (specific articles, Complete reference) 5 6 7 8 Competition and the cartel crusade, Alan Moran. Review - Institute of Public Affairs. Melbourne:Jan 2008. Vol. 59, Iss. 4, p. 57-59 Supply and Demand Irena Asmundson. Finance & Development. Washington:Jun 2010. Vol. 47, Iss. 2, p. 48-49 Impact of Anti dumping measures on Indian Industry by Swati Jain, Sudhir K. Jain, Decision, Vol 35, No 1, January-June, 2008, p 3. The New Global Opportunity by Michael Elliot, Fortune, July 5, 2010, Vol 162, No 1, Relevant Websites Sr. No. Web adress (only if relevant to the courses) Salient Features 9 10 11 www.ecommerce-guide.com www.bloomberg.co.uk www.mit.edu Excellent source of reference...

Words: 2227 - Pages: 9

Premium Essay

Information

...RSM 322 2015 F -2016W | Case Writing Guidance and Detailed Syllabus | D.L. Losell | Table of Contents 1. Required Reading for Topics page 2 2. Cases for Presentation page 4 3. How to prepare a case page 5 4. How to present a case page 9 5. How a case will be evaluated page 11 6. Note on use of historical hindsight page 12 RSM 322 Required Reading for Topics A. Review of the syllabus, responsibility centers and an introduction to case analysis Chapter 5 Part A :Responsibility Accounting E book reading: Sample case – BW Manufacturing company Case Writing Package 2015/16 ( See course web page) B. Introduction to Case Analysis, the importance of cash flow and income, and the relationship between strategy and cost management Chapter 4: Organizational Architecture E Book Readings #1 Cash Budgeting/ Cash management #2 Statement of Cash Flows #3 Note on Cash Flow Statement Handout # 1 on Strategy C Control in an Engineered Cost Centre Chapter 14 : Part A Management Accounting in a Changing Environment, Integrative Framework Chapter 14 Part B Organizational Innovations and Managerial Accounting, Sections 1 – 3 (TQM, JIT ) Handout #2 on Variance Analysis ( Mix and Yield variances) Handout #3 on Theory of Constraints and Tach Time ...

Words: 2633 - Pages: 11

Premium Essay

Syllabus

...policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Get Ready for Class • Familiarize yourself with the textbook used in this course. Course Materials All electronic materials are available on your student website. Week1 Legal Forms of Business and Alternative Dispute Resolution Tasks • Review the Week 1 Study Guide. • Review the Knowledge Check Faculty and Student Guide. Oct, 14 - Oct, 20 Objectives/Competencies 1.1 Differentiate among the legal forms of business. 1.2 Differentiate among nonjudicial methods of alternative dispute resolution. Required Learning Activities • Business Law, Ch. 3 • Business Law, Ch. 34 • Business Law, Ch. 35 • Business Law, Ch. 36 • Business Law, Ch. 39 • Business Law, Ch. 40 • Week One Electronic Reserve...

Words: 2154 - Pages: 9