Corporate strategy case study Essay Example | Topics and Well Written Essays - 3500 words

Corporate strategy case study - Essay Example In those days, cross-Channel travel was not dominated by the leisure business as it is today. It was used for military action and primarily for trade. Even at that time, around 100 years ago there was no dearth of proposals. Many people especially the French suggested highly sophisticated and technical ideas for the new link. However, because this was before invention of railways these tunnels were not surprisingly road tunnels. The Treaty of Canterbury which set the original ambitious objectives for the Tunnel stated that the Tunnel should "greatly improve communications between the United Kingdom and France and give fresh impetus to relations between the two countries, contribute to the development of relations and exchanges between the Member states of the European Communities and more generally between European States."2 2007 marked the completion of 13 years of an epic tale that has continued to shock, delight and confuse many. This is the story of the Euro tunnel which was a dream come true for many and many knew back then that it would be history in the making. The company is currently on a route to restructuring and revitalisation of the Eurotunnel. 2004 saw the company sink in its profits and revenues. Richard Shirrefs, chief executive of Eurotunnel, said that the cross-channel rail industry was working on a "failed business model" and that you can't have a 25bn infrastructure which is not generating enough traffic - this is a big structural problem' The Eurotunnel has disappointed its shareholders and owners. The debt crises have been alarming and the fact that the Eurotunnel has not been able to generate traffic is also hard on shareholders. Since debts amount to over 6 billion pounds it is difficult to see what the future of the company will look like. 4 Industry and Competitor Analysis The Eurotunnel is part of the Cross Channel Rail Industry. This industry is currently plagued with a lot of problems. One of these is overcapitalisation. There is a pound 10 billion Eurotunnel investment and pound 15 billion public investment. Secondly it has also been under utilised. It is suffering from under utilisation of expensive infrastructure and financial losses. The high access charge paid by vehicles using the Eurotunnel is limiting traffic. It is a highly fragmented channel because of a possibility of rail; ferry or air travels on this route and in conflict. Competition is set to soar by 2010. However, great opportunities abound this new invention. This is because it has been found that people prefer travelling by rail than plane across the channel. On the other hand there is a huge global opportunity for the cross channel rail industry as people find this medium increasingly convenient and fast. Current Strategy It was observed that the Eurotunnel has lost 25% of volume since 2000 and approximately 5 points of decline in market share. Secondly, the company has lost share even in the truck market with a fall in revenue as well as average yield per truck. Initially the Eurotunnel believed in premium pricing and established that if it keeps prices above its competition it will create a premium image and will thereby able to reap profits accordingly. This backfired. The competitors' low pricing strategy

MIH 514 - Cross Cultural Health Perspectives (Mod 1 CBT) Essay

MIH 514 - Cross Cultural Health Perspectives (Mod 1 CBT) - Essay Example From the cultural standpoint, one cannot but helping that Sharia laws are being used in this country to subvert all kinds of cultures except Islamic ones. Moreover, only selective laws to address professed activities against the culture are being used. For instance, action against corruption which is banned under Sharia is not enforced by the government. This could get exasperated if they were enforce Shariah laws not only for local population but also for other â€Å"non-Muslims† the expatriates and foreign visitors to this country. â€Å"The laws should be extended to non-Muslims, too, he said, a move that would place Aceh in the same ranks as Saudi Arabia† (Asia pacific: Indonesian province embraces Islamic law, 2006, para.4). The main external force, to my mind is the exertion of the dominant culture in the evolutionary pattern of this culture, and perhaps the low tolerance to cultures not akin to the reigning Islamic culture and Sharia laws. While it is necessary for local governments to enforce law and order to maintain the cultural identify and moral integrity of Islamic precepts, it is also necessary that the cultural aspects of other religions need also be respected, especially if does not do any harm to the administration. Besides the aspects of having a global multicultural work force of illegal and legal expatriates, refugees, asylum seekers, employment (multinational corporations and migrant workers) are also contributing, in no small measure, to the enforcement of laws that stem from external forces, mainly law enforcement. It would be injudicious to believe that one’s group is superior to others, especially in multi cultural settings such as the one witnessed in the Acehian context. While country specific laws are needed to keep the place safe, it should not be overstretched to accommodate and enforce corporeal punishment at the slightest non material offence. Drinking may be an offence under Islamic laws, and this could be kept within