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Pages:
5 pages/β‰ˆ1375 words
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Check Instructions
Style:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
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Date:
Total cost:
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Topic:

Proposal to Assist Akron Company to Save Money and be More Productive

Term Paper Instructions:

Term Project
Your term project will consist of the following hypothetical scenario:
Akron Manufacturing is a moderately sized tool and die company located in Akron, Ohio. The company has been using the airlines to transport their high level executives to their three satellite locations in Aurora, IL, Renton, WA, and Opa Locka, FL. Each week, seven company executives must visit these three satellite locations. Problems are starting to add up as the CEO and his associates have noticed that not only is the cost adding up (approximately $75,000 per month in first class airline tickets) but productivity is significantly decreased because the executives have to make airport connections, transport from ORD, SEA, and MIA to the actual business locations, and many times cannot travel out and back the same day due to the airlines' schedule. This also adds to travel expenses as hotels, food, and ground transportation have to be figured into the expense equation (approximately $15,000 additional dollars per month). The CEO has had enough. Since he has no prior aviation experience, he has asked you to draft a proposal that would make sense. He needs all of your expertise to help his company to be more productive and hopefully save money.
The CEO wants to make sure he knows as much as possible before committing to anything. Make sure that you address such important areas as:
What type of aircraft do you think would best serve the travel needs of the company?
What on-demand aviation method will best suit the situation?
What are the costs? (acquisition, monthly, training, maintenance, hangar, crew, insurance, fuel, etc) Assume the aircraft will fly 80 hours per month.
How do the overall costs compare to the airlines?
You are to write a business proposal. Your goal is to impress the CEO with your aviation and business knowledge. You are free to choose the style and format of the proposal. Keep in mind that you will be graded for sound recommendation based on concrete research, and professional presentation. Feel free to use pictures, graphs, charts etc...just do not over do it with the pictures. The term project is due by 11:59 P.M. EST Wednesday of Week 4 and should be a minimum of five (5) pages.

Term Paper Sample Content Preview:

Proposal to Assist Akron Company to Save Money and be More Productive
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Proposal to Assist Akron Company to Save Money and be More Productive
Situation summary
Akron is a moderately sized tool and dies company located in Akron, Ohio. The company's operation requires seven executives to visit the three satellite locations of the organization. The company uses airlines to transport high-level executives to satellite locations. However, this has led to an increase in the operation cost and productivity of the company because the executives have to make airport connections from ORD, SEA, and MIA to the actual business location. The airline schedule does not allow the executives to travel out and back, thus adding other expenses such as ground transportation, food, and hotel accommodation.
Akron Manufacturing is experiencing a burden of the weekly air transport cost of the executives. Every week, about seven of the executives have to visit three satellites of the company using the company's prescribed airlines. This has been a costly approach to Akron Manufacturing in terms of time constraints and airline charges with an estimated transport costing $75,000 per month in the first-class jets. Hotel, food, and accommodation cost $15,000. This constitutes a proposal tendered to assist Akron Company to be more productive and hopefully reduce its expenditure.
The best aircraft to serve the needs of the company.
They were making the company travel saving might look like a challenge, especially when most employees in the organization are flying out in different locations. However, there are ways in which the organization can keep the costs down without affecting the services and safety of the executives. Akron can reduce the overall expenditure by tightening up the corporate travel policy. Airline tickets can be expensive, so the CEO should be smart about the airline ticket to book. This is by being flexible on the travel dates and the airlines to use, and by booking economy flights. Using the CWTs innovative travel management software, the company can search for the most competitive rates and best price rate affairs. Also, the organization can set realistic transport and food allowance for the executives. The CEO should advise the employees to choose a cost-effective method.
The best aircraft to serve the need of the company is AirAsia Airline Company. The most important advantage of AirAsia is that it is a low-cost airline with popular prices. The airline much cheaper and does not work with intermediaries. Also, AirAsia offers both national and international flights. The company's traditional trademark is now creating a low-cost mark with the success that offers personal customer service. More so, the company provides different services in line with the goal of benefiting all customers worldwide. AirAsia has made some modifications that are essential to capitalize when they meet the recognition criteria. This includes retro-fitting sharklets and winglets, an enhancement to engines or airframe, refurbishing the cabin, retro-fitting Wi-Fi, as well as other technologies on the existing airplane, and installing inflight entertainment. Also, the company reviews the upgr...
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