Digital Marketing

BUSINESS IN SOCIETY - A2 (Template Version)

Provide background context about the company: Year of establishment/ History of the company The primary service The position of the company in the market (Market share, data about the number of flights annually, etc.)

Table of Contents
expand_more expand_less

DETAILED INSTRUCTION

  1. ASSESSMENT RECAP

 

  • PowerPoint presentation: 2500 words (excluding list of references) submitted as a PDF file displaying both the slide and the elaboration.
  • Analyse a company's response to re-establishing their business after a major disruption and present an analysis focusing on the human aspects of their decisions. 
  • Why they made certain decisions, what they could have done differently
  • Lessons learned for other companies facing disruptions to their business model.

 

Structure:

  1. About Qantas 
  2. Company's Response
  3. Human Resource Management 
  4. Customer Service Issue 
  5. Recommendations for HRM
  6. Recommendations for Customer Service
  7. Lessoned learned & Conclusion

 

  1. KEYWORDS EXPLANATION 

 

  • Stakeholders: Individuals or groups with an interest in or impacted by a company's actions, including both internal (e.g., employees, shareholders) and external parties (e.g., customers, communities, government).
  • Corporate Social Responsibility (CSR): A company's commitment to manage the social, environmental, and economic effects of its operations responsibly, extending its accountability beyond shareholders to all stakeholders.
  • Resource Dependence Theory: Suggests organizations rely on external resources (e.g., labor, materials), influencing their strategies and interactions with the environment to secure needed resources and achieve goals.
  • Employee Retention: Strategies employed by organizations to keep employees engaged and prevent turnover, valuing them as key assets rather than expendable resources.
  • Layoff: The process of permanently dismissing employees due to economic downturns or organizational restructuring, posing challenges in terms of lost talent and broken employment ties, yet sometimes deemed necessary for long-term survival.

 

  1. DETAILED OUTLINE

  1. Introduction
  • Provide background context about the company:
  • Year of establishment/ History of the company 
  • The primary service 
  • The position of the company in the market (Market share, data about the number of flights annually, etc.)

Example: 

  • In 2022, Qantas commands a 61% market share in the Australian domestic market (source
  • Before Covid-19:  In 2019 Qantas held the greatest share of airline passengers for the year at 17.4 percent in Australia. Australia - share of airline passengers carried 2019 | Statista
    • Qantas Group had a better performance than the global and regional trends, rising from 80.6% to 84.2% (Qantas Group, 2019). Qantas’s return on investment has consistently been above 10%. This indicate that Qantas Group has a good ability to balance passenger demand and supply. The Qantas Group includes Qantas Airways which operates as a full-service carrier, and JetStar Airways which presents a low-cost model.
  • The disruption the company faced to their business model due to Covid-19 
  • The decrease in customers: During 2019-2021, Qantas witnessed a sharp down trend from 55,813 to 15,866 (source)
  • Total revenue loss from COVID reached $16 billion as the full year impact of minimal international travel and multiple waves of domestic border restrictions continued to hit travel demand. The statutory loss before tax – which includes one-off costs such as redundancies and aircraft write downs – was $2.35 billion. Source

Charge your account to get a detailed instruction for the assignment