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An easy on cruise industry
Analysis of cruise industry
An easy on cruise industry
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Recommended: An easy on cruise industry
2016
CRUISE LINE INTERNATIONAL ASSOCIATION
KEZANG WANGMO
[CLIA – CRUISE LINE INTERNATIONA ASSOCIATION]
PROJECT AND ASSIGNMENT
ATHM 2ND YEAR
BTA- 11 INTRODUCTION
Established in 1975. Cruise lines international association is the world’s largest cruise industry trade association, providing a unified voice and leading authority of the global cruise community. CLIA supports policies and practices that foster a safe, healthy and sustainable cruise ship environment and is dedicated to promote the cruise travel experience.
HISTORY
The earliest ocean-going vessels were not primarily concerned with passengers, but rather with the cargo that they could carry. Black Ball Line in New York in 1818, was the first shipping company to offer
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CLIA represents the interests of three critically important members.
KEY PEOPLE OF CLIA
Cindy D Aoust - - President and CEO
Tom Fischetti -- Chief Financial Officer (CFO)
Bud Darr – Senior Vice President, Technical and Regulatory Affairs
Mike McGarry – Senior Vice President, Public Affairs and Government Relations
Lorri Christou – Senior Vice President, Strategic Marketing and Communication
Pierfrancesco Vago, executive chairman of MSC Cruises, has been reappointed as chairman of CLIA Europe.
The unanimous decision was made by the CLIA Europe Board, which is in charge of providing strategic direction to Europe's cruise industry association.
Vago was first appointed to lead the European branch in November 2013 and has recently completed his two-year term.
The association's bylaws allow a chairman to be re-elected for an extra one-year term.
The Board has also voted to make Kyriako’s Anastassiadis, CEO of Celestyal Cruises, a permanent member of CLIA Europe's Executive Committee.
Anastassiadis will take on the role of representing the views and interests of the smaller CLIA Europe
In 1850, the side wheeler “Columbia”, which commenced regular services between Astoria and Portland in 1850, was the first steamship to ply Columbia as a common carrier. Half a dozen steamships soon joined her on interior waters, and their numbers greatly increased after the gold discoveries of the 1860s (Schwantes, 181).
The industry started a major growth phase in the late 1960s and early 1970s achieving more than 2,100 percent growth. The early goal of the cruise industry was to develop a mass market since cruising was until then an activity for the elite. A way to achieve this was through economies of scale as larger ships were able to accommodate more customers as well as to create additional opportunities for onboard sources of revenue. The global growth rate of the cruise industry has been enduring and stable, at around 7% per year in spite of economic cycles of growth and recession. For instance, the financial crisis of 2008-2009 has not impacted the demand for cruises. This underlines that the industry has been so far fundamentally supply based; the ships are built and the customers are found to fill them through various marketing and discounting strategies.
For its part, the Commission enjoys a powerful role but is widel... ... middle of paper ... ... s no elected head of state to give democratically controlled direction to the EU and concerns gain plausibility from the open role played by non-elected officials in Brussels, and the geographical and cultural distance between those regulators and the average European ‘person in the street’. The recent enlargement has at least altered the democratic legitimacy in a positive way. Each country has only one commissioner now and it is further on its way towards a constitution and a fairer weighted vote.
“Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.” William Pollard’s, a 20th century physicist, words show us the power of being proactive, and igniting change to strengthen a company’s productive climate (Sellers, Boone, Harper, 2011). Acme Airlines flight attendants lacked incentive to improve the quality of their work, as a result of distrustful management and overall frustration within the company. Acme took successful steps to rebuild their FA program into a more relationship oriented work environment. Through an understanding of effective leadership, we will use the
...: Reassessing Legitimacy in the European Union. Journal of Common Market Studies, 40 (4), pp. 603-24.
Vesnic-Alujevic & Nacarino, 2012. The EU and its democratic deficit: problems and (possible) solutions. European View, Vol. 11, pp. 63–70. [Online]
The Board of Directors is consisted of 11 members: James M. Elliot, the Chairman of the Board, 3 inside members and 7 outside members. The economy is stable and profitable, but that also means a lot of competition in the market. This poses a great opportunity for the company to grow and gain more of the market share. The only foreseeable real threat that the company will face is new competitors in the market.
There are nine members without deputies serving on the Electrolux Board, with election taking place at the Annual General Meeting (Annual Report 2015, 2016). The Swedish employee organizations under the Swedish labor law appoints three members with deputies. An election of the Chairman of the Board occurs at the Annual General Meeting. The Board of Directors is responsible for managing Electrolux’s operations and ensuring long-term return on capital for the owners. The Board is governed externally by the Swedish Companies Act, as the company’s shares are listed on Nasdaq Stockholm, the Swedish Code of Corporate Governance, as well as other relevant Swedish and foreign laws and regulations. There are multiple internal regulations that govern the Board which include the Articles of Association of Electrolux, the working procedures established by the board, policies for information, finance, credit, accounting and processes for internal control and risk management. Certain rules govern the business activities of Electrolux based on the Articles of Association which must be in compliance. Electrolux is a Swedish limited liability company, and the Articles of Association are filed with the Swedish Companies Registration Office after adoption by the general meeting of shareholders. In addition, there is an Electrolux Code of Ethics, Policy on Corruption and Bribery and a Workplace Code of Conduct, for which the board must ensure
A second strategy that has been rejected is one concerned with the consumer awareness of SGC. Currently, SGC is only advertising to travel agencies. Coupled with segmentation, SGC’s current advertising strategy has hurt SGC in the sense that consumer awareness is considerably low. Only a small portion of the population even knows that Sea Goddess exists. SGC is only targeting those who travel frequently. They may want to target the portion of the population that wants to travel, but is unsure of where to go or what to do. In order for SGC to reach the consumer, new efforts must be made in the advertising plan. Mere travel agency recommendations are not going to be enough to keep SGC alive in the marketplace. Other vehicles are going to be necessary to spread SGC’s message about the luxuries and benefits of this extraordinary cruise. At the present time, only a small number of all travel agencies have the sufficient knowledge that it takes to make an informative sell to the consumer. It may be profitable for SGC to employ some hi...
Lelieveldt, H. and Princen, S. 2011The politics of the European Union. Cambridge: Cambridge University Press.
The process of EU enlargement has developed through the different rounds of enlargement. Applicant member states are required to adopt a total version of the acquis communautaire, as opposed to older member states who had more time to adapt and could opt-out in some cases. Political steadiness has become an increasingly important factor to consider in recent enlargement rounds. Starting in 1994, after the demise of communism, former soviet nations sought to link their economic futures with the EU. Communism had isolated them from the world and they decided to jump into the EU bandwagon, especially for its presence in the international market in today’s globalized economy. Inside Europe, the wealth d...
“From time to time it is worth reminding ourselves why twenty-seven European nation states have come together voluntarily to form the partnership that is the European Union.” 1
Steering the ship to international markets is the Lazarides family and business head Grace Harding, who ditched her employee engagement business to join Ocean Basket in 2012 to manage and grow the
The board membership, irrespective of executive or non executive membership, is very crucial in the governance and management of the company. However, as the duties and responsibilities of directors vary according to their type of directorship; the rewards should also match the responsibilities carried out and be in line with the performance shown over period of time.
The Euro evolved over a period of forty years. The European Economic Committee was established in 1958 with the intent to allow for free movement of labor and capital, abolition of trusts and cartels, development of joint and reciprocal policies on labor, and social welfare. The development of a common price level for agricultural products was accomplished along with the elimination of internal tariffs among member countries. The European Free Trade Association was a customs union and trading block formed in 1960. The goals of the EFTA were to establish free trade among members while seeking a broader economic union. In 1993 the European Union was formed. The European Union is responsible for cooperation on justice, and affairs dealing with home and abroad.