Report Task Investigate the European airline Ryannair (see the case study in the textbook) and prepare a 2500-word report that demonstrates understanding and application of Strategic Position and...

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Report Task Investigate the European airline Ryannair (see the case study in the textbook) and prepare a 2500-word report that demonstrates understanding and application of Strategic Position and Strategic Choice as below: • Conduct a competitive-forces analysis to determine the attractiveness of the European airline industry and how Ryannair should manage the competitive-forces it faces. • Conduct a PESTEL analysis to develop a scenario analysis targeted at the year 2030. Explain which scenario represents the greatest threat to Ryannair and which one represents the greatest opportunity. • Conduct a VRIO analysis to determine the resources and capabilities of Ryannair. • Use the Strategic Position analysis above to inform the Strategic Choices Ryannair should adopt to improve its chances of being persistently profitable. Present and explain the recommended strategic choices in the Discussion section of the report.


MA722AssgntThree(3) MNG93210 Strategy and Case Analysis Assessment 2 Due Date: 9:00 am, Monday, April 13, 2020 Value: 40% (marked out of 40) Instructions: This assessment focuses on the student’s understanding and application of strategic concepts associated with Strategic Position and Strategic Choice (Parts I and II of the textbook). Report Task Investigate the European airline Ryannair (see the case study in the textbook) and prepare a 2500-word report that demonstrates understanding and application of Strategic Position and Strategic Choice as below: • Conduct a competitive-forces analysis to determine the attractiveness of the European airline industry and how Ryannair should manage the competitive-forces it faces. • Conduct a PESTEL analysis to develop a scenario analysis targeted at the year 2030. Explain which scenario represents the greatest threat to Ryannair and which one represents the greatest opportunity. • Conduct a VRIO analysis to determine the resources and capabilities of Ryannair. • Use the Strategic Position analysis above to inform the Strategic Choices Ryannair should adopt to improve its chances of being persistently profitable. Present and explain the recommended strategic choices in the Discussion section of the report. Report Structure: Note: Executive Summary, Table of Contents and Reference List do not contribute to the word count. Section Content Assignment Cover Sheet Assignment/student information. No page numbering. Title Page • This is developed by the individual student. Identify the unit name & code, assignment title, student name & ID, and the word count. • The title should provide insight into the focus of the report. • Note: The Title Page should not have any page numbering. Executive Summary • A brief overview of the importance of the topic and the aim and findings of the report. • Must be on a page by itself that is numbered in roman numerals. Table of Contents • Professional presentation using MSWord Insert Table of Contents function. • On a page by itself and numbered in roman numerals. Introduction • Provide topic orientation (what is the topic and why is it important), state the aim of the report, define any key terms and outline what will be presented in the report. • Page numbering commences. “Page 1” begins at the bottom right hand corner. Body (do not use the word “Body” as a heading) • Content • Theory • Analysis • Discussion • Context: Overview of the European airline industry and Ryannair. • Theory: Provide explanation and relevance of Strategic Position and Strategic Choice tools and concepts that will be applied in the report. • Analysis: Conduct competitive-forces, PESTEL, scenario and VRIO analyses as outlined in the assessment task. Provide diagrams to depict and summarise main findings of the analyses. • Discussion: Interpret and use findings of preceding analysis to recommend strategic choices for Ryannair. Conclusions • Restate the aim of report and its significance. • Summarise main findings/evaluation. • State limitations of report. Recommendations • List in dot point short sentences the strategies for profitability List of References • Present List of References on a separate page and correctly apply Harvard referencing style. Appendices • Any additional information, if required. Report Format: • Perspective – Use 3rd-person perspective when writing. • Font style – Times New Roman, 12pt, justified, 1½ line spacing. • Margins – top and bottom to be 2.54cm. Left and right to be 2.54cm. No page borders. • Spelling – specify Australian English language/grammar when running spell-check. • Writing – Grammar and expression must conform to the standards of a professional academic report. MNG93002: Assessment 2 Marking Criteria Assessment criteria Fail Pass Credit Distinction High Distinction KNOWLEDGE 25% Substandard (poor, limited, confused) knowledge of case study industry, Strategic Position tools and Strategic Choice concepts. Scant evidence of wide reading and research. Satisfactory knowledge of case study industry, Strategic Position tools and Strategic Choice concepts. Limited evidence of wide reading and research. Sound knowledge of case study industry, Strategic Position tools and Strategic Choice concepts. Some evidence of wide reading and research. Superior knowledge of case study industry, Strategic Position tools and Strategic Choice concepts. Clear evidence of wide reading and research. Superlative knowledge of case study industry, Strategic Position tools and Strategic Choice concepts. Substantial evidence of wide reading and research. APPLICATION 25% Substandard synthesis of knowledge in addressing task. Limited/incoherent PESTEL, Scenario, Five Forces and VRIO analyses that does not relate to and/or inform discussion. Scant application of strategic concepts. Satisfactory synthesis of knowledge in addressing task. PESTEL, Scenario, Five Forces and VRIO analyses is adequate and partially applied to discussion. Limited application of strategic concepts. Sound synthesis of knowledge in addressing task. PESTEL, Scenario, Five Forces and VRIO analyses is sound and appropriately applied to discussion. Some application of strategic concepts. Superior synthesis of knowledge in addressing task. PESTEL, Scenario, Five Forces and VRIO analyses is sound, informed and clearly applied to discussion. Clear application of strategic concepts. Superlative synthesis of knowledge in addressing task. PESTEL, Scenario, Five Forces and VRIO analyses is sound, informed, cogent and clearly applied to discussion. Substantial application of strategic concepts. JUDGEMENT 20% Substandard evaluation of case study industry evidence, key PESTEL drivers and five forces analysis. Strategic recommendations are either not provided, incoherent and/or unsupported by analysis. Satisfactory evaluation of case study industry evidence, key PESTEL drivers and five forces analysis. Strategic recommendations are coherent and partially supported by analysis. Sound evaluation of case study industry evidence, key PESTEL drivers and five forces analysis. Strategic recommendations are coherent, useful and appropriately supported by analysis. Superior evaluation of case study industry evidence, key PESTEL drivers and five forces analysis. Strategic recommendations are coherent, feasible and clearly supported by analysis. Superlative evaluation of case study industry evidence, key PESTEL drivers and five forces analysis. Strategic recommendations are coherent, feasible, thoughtful and manifestly supported by analysis. COMMUNICATION 20% Substandard writing skills demonstrating little clarity, coherence and cogency. Extensive grammar, spelling, punctuation and formatting errors and poor report format and presentation. Satisfactory writing skills demonstrating adequate clarity, coherence and cogency. Frequent grammar, spelling, punctuation and formatting errors and satisfactory report presentation. Sound writing skills demonstrating moderate clarity, coherence and cogency. Minimal grammar, spelling, punctuation and formatting errors and competent report presentation. Superior writing skills demonstrating consistent clarity, coherence and cogency. Minor grammar, spelling, punctuation and formatting errors and high- quality report presentation. Superlative writing skills demonstrating sustained clarity, coherence and cogency. No grammar, spelling, punctuation and formatting errors. Professional quality report presentation. REFERENCING 10% Substandard sourcing of material and formatting in Harvard style. Less than 5 credible sources. Satisfactory sourcing of material and formatting in Harvard style. At least 5 credible sources. Sound sourcing of material and formatting in Harvard style At least 7 credible sources. Superior sourcing of material and formatting in Harvard style. At least 9 credible sources. Superlative sourcing of material and formatting in Harvard style. More than 10 credible sources.
Answered Same DayApr 02, 2021MNG93210Southern Cross University

Answer To: Report Task Investigate the European airline Ryannair (see the case study in the textbook) and...

Arunavo answered on Apr 12 2021
152 Votes
STRATEGIC MANAGEMENT
MNG93210 STRATEGY AND CASE ANALYSIS:
ASSESSMENT 2
COMPETTIVE FORCE ANALYSIS OF RYANAIR
Executive Summary
In the article the detailed discussion will made regarding the strategies and the business policies of Ryanair. further the situation analysis of European airlines and Ryanair will conducted and then the strategic analysis will be conducted based on PESTEL analysis and VRIO analysis. After the analysis the recommendation will be further proposed.
Table of Contents
Introduction    4
Overview of European Union Airlines and Ryanair    
4
Strategic Position of Ryanair    5
Strategic Choices of Ryanair    6
Analysis for Ryanair    7
Recommended Strategies    9
Conclusion    9
Recommendation    10
References    11
Introduction
One of the most popular and mostly used medium of transportation is airlines. Many passengers take the service on regular basis to visit from one place to another. Hence observing the need and the increased rush for air travellers the competition in the airlines industry has also surged a lot and many companies are operating while providing best deal and flying experience to attract customers (Scotti and Volta, 2017). In this project the detailed discussion will be done regarding aviation industry and particularly the European airline industry and the most popular operator among them, the Ryanair. a detailed discussion will done regarding the strategies of Ryanair, the future expected scenario will be analysed through PESTEL and VRIO analysis, through which a proper recommendation will be propose as the airlines must able to operate with mitigating the challenges faced by the aviation sector.
Overview of European Union Airlines and Ryanair
Airlines industry has completely changed the way people use to travel. Earlier it used to take days and weeks to travel in different parts of world. With the evolution of transportation system the means for adoption for faster transportation system did arise and then the use of aircraft begun. With the improvement and development of airlines in different parts of the world, European airlines have also evolved in the global market and tried to establish their presence. The European airlines industry formed after the European Union (EU) internal market for aviation was established in 1992. This step had revolutionized the airline industry in Europe as they ensured that all kinds of facilities and the amenities for the passengers travelling through plane will be looked after even after they have completed their journey, they will be served based on different ways (Giang and Anh, 2016).
The formation of EU Internal Market for aviation has helped the airlines business a lot because it brought all the airline operators to come closer and do their business in mutually supporting the growth of European economy. This initiative had created further new job opportunities and improved the economic life of the citizens. Further discussed by Crippa et al. (2016) that around 25 years ago the airlines industry scenario was totally different with respect to the present scenario as there were very few airlines operators and that had lead to the airfares sky rocketing. This had led to very few persons availing the airline service and only a limited travellers who can able to afford those fare can only being able to travel. However in today’s scenario the situation has changed completely which happened because of the entry of number of companies in the airline industry which increased the competition and that led to the reduction in fare and increase in the services provided to the customers.
Ryanair, one of the most popular airliners associated with EU airlines. From the inception in 1985 the airliner has significantly progressed in the airline industry. However despite its successes, Ryanair has faced criticisms from passengers because of their policies for passengers which are very strict in nature. However the positive factor that attracts customers are the low cost airfares that Ryanair provides to their customers. To sustain the reputation Ryanair did listened to customer queries as because it was voted as the worst 100 companies of UK. This compelled the company to reform their strategies as in a competitive market no one is going to leave around any space for any one. Goncalves (2018) have added in the article some of the reforms that Ryanair implemented under the name of Always Getting Better (ABG) which is a three year plan. ABG focused on providing customers with a number of choices, improved travel experience and providing digital experience without and providing customers with the promise of providing low fare air experience. Ryanair is committed to provide the best air travel experience with an affordable fare and availability of number of touchdown destinations for the customers. The reliability and the promise of providing safe air travel experience at a very attractive price is what attracted the customers and they are still availing the services of Ryanair.
Strategic Position of Ryanair
For any company to run their business in the market they need to have some stargeies on which they will work upon to establish themselves in the market. Boamah (2019) discussed that companies must adopt some strategic decisions that will make them stand out from the competition with added advantage as to attract more customers. Therefore here are some strategies that Ryanair follows:
1. Ryanair’s unique selling point is the low cost airfares that it provides to their customers. This helped them in attracting the fare conscious travellers who wanted to travel at low cost however without compromising on...
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