Case study on credit card (plastic money):-

Case study on credit card (plastic money):-
The Significance Of Plastic Money To The Hospitality Industry: A Case Study Of Rainbow Towers Group Of Hotels
The study sought to investigate the significance of plastic money to the hospitality sector with the Rainbow Towers Group of Hotels as a case study.
Despite the fast progression in the adoption of plastic money especially in the tourism sector the world over, its usage in Zimbabwe has remained relatively low and it is with that in mind that the study sought to establish the significance of using plastic money in the hospitality sector in Zimbabwe. The study also assessed consumer preferences as far as payment methods are concerned and also established the various uses of plastic money while on holidays in Zimbabwe all in an effort to draw insight for policy makers and players in the hospitality sector boost competitiveness.
The study adopted a qualitative approach informed by semi-structured questionnaires to collect primary data. Using purposive sampling technique, the study used a sample of 100 tourists selected from Harare's Rainbow Towers hotels; 50 from Rainbow Towers Hotel and Conference Centre and another 50 from New Ambassador Hotel. The study had a response rate of 67%. This study found out that plastic money is significant in the hospitality sector of Zimbabwe as its use stimulates tourist activity as consumers transact with great ease and convenience. As a result increased tourist activity attracts more foreign currency inflows and spending, thereby impacting positively on the economy as a whole. However, the use of plastic money in Zimbabwe's hotels is constrained by limited facilities such as the Point of Sale and ATM devices.
The majority of respondents in the study preferred to use plastic money for making payments when on holiday, while the minority preferred other methods of transacting such as using the traditional cash. The study also found out that plastic money was most used to buy goods and services which include food and for shopping. The use of plastic money also proved to be popular in entertainment and activities followed by online reservations.
SWOT ANALYSIS
  • STRENGTH:
1.Profitability
2.Low maintenance
3.Credit card use irresistible.
4.Customers not price-sensitive to credit card rates.
5.Credit card regulation
  • WEAKNESSES:
1.Greed
2.Little customer loyalty
  • OPPORTUNITIES:
1.Overseas markets
2.Technological innovations
  • THREATS:
1.Credit card companies
CONCLUSION:
However, it was least popular in buying air tickets. The study recommended awareness campaigns to promote the usage of plastic money as a safe and convenient method of transacting. It encouraged players in Zimbabwe's hospitality sector to take advantage of such technological innovations in order to maximize revenue and remain competitive. Also the study recommended the branded loyalty card system as a way of attracting and retaining customers with the overall objective of maximising sales in the sector.


Loan Case Study – David
Profile
Age – 35
Occupation – Self Employed Carpenter, ABN for last 5 yrs.
Income – Averaging $1,800 per week
Assets – $460K Home; $25K Ute; $12K Tools of Trade
Liabilities – $220K Mortgage; $15K Car Loan; $20K Personal Loan; $25K Credit Card; $20K Credit Card; $10K Credit Card; $10K Store Card; $5K Interest Free Card
Credit Impairment –$15K credit default registered 2010 (unpaid); $2500 Utilities default registered 2011 (unpaid), $1170 court judgment registered 2009, $800 Telco default registered 2013. Discharged Part IX in 2012, entered 2011.
Background
David went through a divorce in 2010, he has taken over all marital debts and in addition he has accumulated a $20K personal loan which was used to pay legal fees when the divorce was finalised. David entered into a part IX payment arrangement with his creditors in March 2010 as a result of financial and emotional turmoil surrounding his divorce. He has since been discharged from the payment arrangement in March 2011.
Solution
David will qualify for the Low Doc Easy loan as all his credit defaults and Part IX payment arrangements were entered into more than 3 yrs ago. The product ignores telco defaults < $1000. Our loan products do not credit score and do not have a limit on the number of debts that can be consolidated. David will need to declared his income from his self employed business activities and provide either 6 months business bank statements OR 6 months BAS OR his accountant may complete the Accountants Letter template we provide.
Mutual fund groups /pages-

Nisha Jain [MBA FA]
Manager Fintech
Aircrews Aviation Pvt Ltd
http://www.AircrewsAviation.com
nishajain.aircrews@gmail.com
aircrews.nishajain@gmail.com









at 1 comment:
Labels:

Order Plan Athrill Airlines

Order Plan
Athrill Airlines Inc 
1800 Airport Drive San
Marcos TX 78666 USA

21ST MAY 2020

Mr Mike Trump
CEO
Churchill Aviation Inc
Sky Bridge house,
Dublin airport

Dear Mike,
We would like to purchase 17 aircrafts on lease for 4 years and if required we can extend the period of lease according to the profitability and success of our business. we hope to receive this order by next Friday i.e. 29th MAY 2020. You have to ship the following aircraft on the address mentioned above with your employee to make our pilot understand about the functions of the same. Please send the confirmation mail on receiving the order. 

You can find the list of the aircrafts below.

List of Aircraft
ATR 42-600
ERJ145 Specifications
ATR42-300
Dornier DO-328
Fokker 50
Dornier 328 Executive
Saab 2000
Jetstream 41
Embraer ERJ 135
Dehavilland Dash 7
DE Havilland Canada Dash 8
CASA CN-235
Let L 410 – Turbolet
Viking DHC-6-400 (954)
Sikorsky S-92 in Norway
Gulfstream GII/SP in Arizona
D assault 900B Falcon   UK





Looking forward to your positive response.
Athrill Airlines Inc. 



Roshni Sachdev 
Director Fintech
Athrill Airlines Inc. USA













Disclaimer  :
Note : This is just an Aviation  Fictional Corporate Game not a Real One . As an MBA students Interns are playing different Roles Play. 
at No comments:
Labels:

FinTech Interns Information


Karuna Nayak (MBA FA)        

Manager Fintech ( Internship Incharge)  
Aircrews Aviation Pvt Ltd 
social media links:



FinTech Internship Incharge 

Roshni Sachdev [MBA FA]
Director Fintech
Athrill Airlines Inc. USA







at 1 comment:
Labels:

Important Questions on Corona

"कोरोना पर कुछ खास प्रश्न" 😗
"Some Important  Questions on Corona" 😗
https://bit.ly/2LQdE73
1. Where was Corona born?
Answer: In China…

 2. How did Corona spread around the world?
Answer: Traveling between countries ...

 3. How does the journey between countries?
Answer: By Airplane ...

 4. Where do  Airplane Lands ?
Answer: At the International Airport ...

 5. Where does Corona enter the country?
Answer: From the International Airports ...

 6. How many International Airports are there in the country?
Answer:  Aprox 20 ...

 7. Under whose supervision are these Airports?
Answer: AAI of Central Government…

 Now there are two Big Questions.

 1. Was it easy to lock down Only 20 Airports or the whole country?
Answer: Airport ...

 2. When did the news of Corona's havoc spread in China for the first time worldwide?
Answer: In January 2020...


 Now just think, if only our country had become Alert on Time, then today 130 crore people would not have come to Lock down.

 From February 2020 itself, if Our  Prime Minister kept every Indian coming from abroad in Strict Lock down, and immediately banned the Arrival of  All Foreign people, Including Mr Donald Trump 

 Today the whole country would have Breathes Peace in the Open…

 #As unemployment Increased,
#Business Stopped,
#Trouble and distress came upon the workers and the poor, 
#And the country suffered economic losses,

 All this would not happend ...  If 

 Taiwan did the same.
Without locking the Country Down.
This is a harsh truth, which is also keen on the Government and opening the eyes of  Blind PM Devotees.

"कोरोना पर कुछ खास प्रश्न" 😗
1. कोरोना कहाँ पैदा हुआ?
जवाब: चीन में...
2. कोरोना दुनिया भर में कैसे फैल गया?
जवाब: मुल्कों के बीच सफर करने से...
3. मुल्कों के बीच सफर कैसे होता है?
जवाब: हवाई जहाज़ से...
4. जहाज़ कहाँ उतारते है?
जवाब: एअरपोर्ट पर...
5. मतलब कोरोना देश में कहाँ से घुसा?
जवाब: एयरपोर्ट से...
6. देश में कितने इंटरनेशनल एयरपोर्ट है?
जवाब: 20 से ज़्यादा...
7. ये एयरपोर्ट्स किसकी निगरानी में है?
जवाब: केंद्र सरकार के...
अब हैं दो बड़े सवाल 😗
1. 20 एयरपोर्ट लॉक डाउन करना आसान था या सारा देश?
जवाब: एयरपोर्ट...
2. चीन में कोरोना के कहर की खबर दुनियाभर में पहली बार कब फैली?
जवाब: जनवरी में...

अब सोचिए, तब ही अगर हमारा देश सचेत हो जाता, तो आज 130 करोड़ लोगो को लॉक डाउन करने की नौबत ही ना आती l
फरवरी से ही अगर प्रधानमंत्री जी विदेशो से आने वाले हर भारतीय को लॉक डाउन में रखते, और विदेशी लोगो के आने पर तुरंत बैन लगा देते तो,
आज सारा देश खुले में चैन की सांस लेता...
जितनी बेरोज़गारी बढ़ी,
काम धंधे बंद हुए,
मजदूर और गरीबों पर आफत और संकट आया,
और देश का आर्थिक नुकसान हुआ,
ये सब ना होता... L
ताइवान ने ऐसा ही किया l
देश को बिना लॉक डाउन किये।

यह हे एक कटु सत्य जोकि सरकार पर तंज भी हे और अंध भक्तों की आँखें खोलना भी।





at 1 comment:
Labels:

Life is not Lockdown

Life is Not Lockdown 






https://bit.ly/2XgX4me
by
@Harshada Shinde  MBA FA
@Karuna Nayak
@Pooja Parab
at 1 comment:
Labels:

The Airline Industry is on Life Support Now

The Air Transport Industry is on Life Support !

 This will have a major impact on our lifestyle ...

 Indian Aviation is on Pink Slip
No one can Save Indian Aviation, not even the Government. Any amount by the Government or investors or in bank loans will be insufficient for these companies to survive. It can be just Air India. Unfortunately, We have such a Worst Govt ever without any vision for the Aviation Industry.  Promoters of Go Air India Ltd wrote a letter to their employees and said that they are waiting to hear from the Government on bailout Packages. They can wait, they will not hear anything.
Even though oil is available cheaper, the large value center of employee remuneration remains high and has low demand.
Indians look at the landscape in Aviation. Air India, being a Government is paid to them even if it is late. Vistara cut salary, but it was considered reasonable. The employees have a certain level of trust with the Indian promoters, the Indian Tata group. Go Air's condition is quite poor and Spice Jet is also not far behind.
Everyday religiously tweets and tons of freight are being Tweeted by the Civil Aviation Minister and the cargo is not out of the transport, even if it is a trick. SpiceJet is getting a lion's share in it and its proximity to electricity is no secret. But here is a situation where one cannot save anyone.
SpiceJet is not paying its Pilots, yet it threatens its Pilots and has disbanded some SJ Pilo WhatsApp groups made by Pilots. Pilots, Cabin Crews, AMEs all know what the situation is there. They know that if they lose jobs they are not going to get any.
So the human mind is conditioned in such a way that they like  to hold on to what they have. So a person who was taking 100  rupees for a job, he is suddenly being paid 50 rupees and still She / He will work, because he knows that he does not have 50 rupees. Other options available. In this environment, these companies know this clearly and will make the most possible use of it.
But the fact is, in this market, it is not going to survive you, it just delays your death.
Jet Airways is the biggest example of this type of human behavior that allows a company to live its life for six months. The Pilot and AME never laid their feet for 'fear', Jet extended his life by 6 months but eventually died. The loss was only to the Pilot and AME. Jet's case was not of CoVid19, it was a case of mismanagement.  Jet Airways I Ltd could have been saved, all Pilots and AME put their foot down and Goyal understood the changed scenario. The jet collapsed, but after extending its death from 6 to 8 months.
This fear will outweigh the time of the jet, as everyone in Aviation knows not only the blood-red but also the general economy. Most of these employees will have to invest some part of their savings in securities, mutual funds, apartments. There is no way that they will see the money coming from any of their investments and they will still have their EMI.
This human behavior will allow some Airlines to advance their lives for some time, but they will perish in market forces and the prime candidates for this to happen are GoAir and SpiceJet.
Air Asia India will probably have some cooperation with Vistara  otherwise their existence will also become doubtful as the Malaysian Government itself is thinking of merging AirAsia Airlines with the Malaysian Airlines.
Pay cuts in Indigo, it is not a change or a heart, it is a  change in business strategy IndiGo first said that it would cut the salary and later they reversed the decision and paid their employees. The lower the competition, the stronger the chances of survival.  
There were rumors that IndiGo is going to give bonuses to Pilots from other Airlines to join them as they need Pilots due to the pending delivery.
No saint management will ever employ anyone. Is this a strategy to take out key employees who are required to hold permits to Air Operators? No Airline can operate without a sufficient number of Test Pilots / DE / TRI etc. 
Indigo would be foolish to do so openly that it would turn hostility into enmity.
Indigo had a change of heart as it is the employees who will decide its future.
Now with this one step, IndiGo is positioning itself as the best employee in the Airline business. 
Today the size of IndiGo is its own Enemy
Now that the employees have been paid, they will stake their lives to survive them, but for Indigo, suddenly their size is their enemy. With 250 Aircraft, it is very heavy. Any Airline
should risk working with more than 50 Aircraft, but IndiGo is  going to start with 65, but it still means that more than 100
Aircraft are grounded and at least per Aircraft crew. 2 sets are going to be a cost center. 2 sets of crew and if you have support staff, it means taking out at least 5000 pink slips  (Pilots, AME, Cabin Crew, Engineers) of 'required staff' only for its 'survival' Will happen. The number of deductions will  be more than 5000.
IndiGo has only 400 Aircraft from Airbus. Indigo hopes that it will survive the virus and rule the Indian skies almost like a monopoly. But overall the economy is so badly hurt that people now have money left and not to spend. Nobody is in any hurry to fly fast. With a vaccine or a drug to treat, the economy will  take at least 5 years and is a very long time. What do you do on order to 400 Aircraft. Litigation, claims and indemnities  themselves can pull it down badly, even if it survives the virus. From this point of view, SpiceJet is better. Their pending orders of about 100 Airplanes are Boeing 737 Max which is unlikely to get FAA certification. So at least SpiceJet does not have to worry about a lawsuit taking money out of their pocket, they only have to worry about withdrawing money from Boeing !!!

 Pink slips are the biggest risk potential claims and IndiGo Pink Slip is a certainty, most of those people are unlikely to  get a second job and this poses a 'potential risk' to the Survival of these companies as every terminated employee has a  potential 'claim'. If these people get together, then these  claims together can suffice and if these people fight it  strategically, it could land a company under bankruptcy.

 SpiceJet and GoAir will also serve several tons pink slip. But  now there is a problem for Indigo. No employee will be able to personally fight for these potential claims. But this time, it  is a little different, people have nothing to lose and if there is even a slight chance of getting some money, they can come together and fight and there is no dearth of lawyers willing to  take small fees. Manage litigation. It is here that Indigo is at greater risk than any other. Even when lawyers take up these  cases, they do so with the hope of seeing the money in some  time, but with Go Air and SpiceJet on the verge of bankruptcy,  the lawyers may be behind them. Don't be anxious to leave  because they will land in the bankruptcy court and stay there for years. But, for Indigo, it is sitting on a mountain of cash  and is attractive to an advocate for it. If he gets an order  from the court, then payment is certain.

 If 5,000 people and even if 1000 come together in the fire of Indigo, Indigo will pay heavily because every profit made by
this group will also encourage 4000 potential claims and everyone will go after this company. It is here that Indigo decides to show his big heart so that when he fires his employees, they will say "this is a difficult time, but as the environment improves, we will hire you". It is the art of asking for 'time'. It is not the heart, it is a strategy.

 Companies bet on weak judicial system Airline companies bank on the fact that employees will not take  them to court, because personally none of them can fight their  battles. 

 The best available strategy for Airline companies Trying to keep Pilots 'on' will top that list. One fifth of the Pilot salary will also be ready to take home  and are still employed compared to sitting at home with   the  possibility of any other employment. In this market, each company can easily maintain 5 Pilots for the cost of one and it would be much more feasible to avoid the risk of potential
group claims.  It's not just the Covid19, it's the  AviaEconomy  On the pulse of society are the hands of doctors on the pulse of the patient, such as are in our hands. Indian Aviation was looking at a possible consolidation anyway, but the virus now  looks powerful enough to be completely wiped out. Right now the problem is not the  CovidVirus, it is the economy. The economy in general, is so badly affected that people have no money to spend, they only have money to survive. Mutual funds and equities are good as paper, and it is the owners of these papers who constitute the bulk of the customers.
Irresponsible behavior should pay its costs We have received a lot of e-mails from the Pilots and we have refused any free service. We still know how many Pilots jumped  the notice period The most pressing question was whether the law without leave  (LWP) was legal or the pay cut was legal.  Both answer that it is absolutely illegal.

 The company may have the right to terminate but has no authority to reduce Salaries or impose LWP. 

 A very SAD Era of 100 years old AVIATION  Industry 

 Virgin fires more than 3,000 people including 600 Pilots.
- Virgin Australia files for Bankruptcy.
- Air Mauritius goes into Administration.
- South African Airways Bankrupt.
- Finnair returns 12 planes and lays off 2,400 people.
- YOU grounds 22 planes and fires 4,100 people.
- Ryanair grounds 113 planes and gets rid of 900 pilots for the moment, 450 more in the coming months.
- Norwegian completely stops its long-haul activity!!!  The 787s are returned to the lessors.
- SAS returns 14 planes and fires 520 pilots... The Scandinavian states are studying a plan to liquidate Norwegian and SAS to rebuild a new company from their ashes.
- Ethiad cancels 18 orders for A350, grounds 10 A380 and 10 Boeing 787. Lays off 720 staff.
- Emirates grounds 38 A380s and cancels all orders for the Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire 
- Wizzair returns 32 A320s and lays off 1,200 people, including 200 pilots, another wave of 430 layoffs planned in the coming months.  Remaining employees will see their wages reduced by 30%.
- IAG (British Airways’ parent company) abandons the takeover of Air Europa (and will pay €40 million compensation for that).
- IAG (Iberia) grounds 56 planes.
- IAG (British Airways) grounds 34 planes.  Everyone over 58 to retire.
- Luxair reduces its fleet by 50% (and associated redundancies)
- CSA abolishes its long-haul sector and keeps only 5 medium-haul aircraft.
- Eurowings goes into Bankruptcy
- Brussels Airline reduces its fleet by 50% (and associated redundancies).
- Lufthansa plans to ground 72 aircraft (in 2 instalments).
- Hop is studying the possibility of reducing fleet and staff by 50%.
Additional info:
Currently, 60 new aircraft stored at Airbus with no buyers in sight (order cancellations) including 18 A350s.
They forecast a minimum of 8,000 grounded planes by September.  With an average of 5.8 crews per plane (medium and long haul combined), that would make more than 90,000 unemployed pilots worldwide.


















storm today india cyclone in delhi 1978 fani cyclone effect in delhi storm news latest new delhi weather news dust storm in north india hailstorm in delhi today hailstones in india hailstorm in muradnagar hailstorm in ghaziabad hailstorm in mumbai hail storm in haryana will it rain in delhi today delhi rain news in hindi rain in gurgaon rain in faridabad rain in noida is it raining in mumbai? snowfall in delhi 2019 ever happened snowfall in delhi temperature in delhi hailstorm in noida 2020 hailstorm in delhi-ncr today hailstorm in india hailstorm in hindi hailstorm meaning weather in noida today weather in bawana delhi tamprechr weather sector 14 dwarka, kakrola, delhi weather forecast for next week delhi doppler radar weather forecast in delhi for next 15 days hailstorm in india 2020 hail storm in india 2019 hailstorm in delhi tomorrow hailstorm in delhi 2020 hail india meaning #womenentrepreneurs, #womenentrepreneur, #successfulwomen, #successfull, #females, #buisnesswomen, #womenpreneurs, #womenpreneur, #marketing, #marketers, #life, #expereince, #expereinces, #opportunity, #opportunities, #careeradvice, #motivation, #motivationbooks, #successbooks, #successstory, #realstory, #sucesswomen, #Asianwomen, #successAsian, #successfulAsianwomen, #successfulAsians, #Corporate Trainer| #Parenting Coach #womenEntrepreneur, #successfulwomen, #successfull, #females, #buisnesswomen, #womenpreneurs, #womenpreneur, #marketing, #marketers, #life, #expereince, #expereinces, #opportunity, #opportunities, #careeradvice, #motivation, #motivationbooks, #successbooks, #successstory, #realstory, #sucesswomen, #Asianwomen, #successAsian, #successfulAsianwomen,
at 1 comment:
Labels: , , ,
Subscribe to: Posts (Atom)