CASE – Greyhound Coach Lines
Greyhound coach lines has been operating in South Africa (SA) for 37years until its closure due to financial constraints over the years was exacerbated by the COVID-19 travel restrictions. Around 800 staffs became unemployed after its closure.
Greyhound officially closed business on the 14th of February 2021 but after over a year, announced its return where it started operation again from the 13 of April 2022, assisting millions of passengers with transportation services across Southern Africa.
Greyhounds operating company, Unitrans passenger, a subsidiary of JSE-listed KAP Industrial Holdings was purchased by an investment entity that is owned by a private trust.
With lockdown restrictions completely eased, the travel and tourism sector has seen a massive improvement with more people travelling across provinces. Travellers had to look forward to key routes, with direct routes to their destination or via popular stops for its initial roll-out. Travel routes included:
Johannesburg to Durban (direct)
Johannesburg to Cape Town (via Bloemfontein); Pretoria to Cape Town (via Kimberly)
Cape Town to Mthatha (via Garden Route); Mthatha to Cape Town (via Garden Route)
Pretoria to Durban (via Empangeni); Cape Town to Durban (via Bloemfontein)
Johannesburg to East London (direct)
East London to Cape Town (via Queenstown).
Question
Undertake a Porter’s competitive advantage analysis using cost and differentiation strategy (10marks).
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Porter's competitive advantage analysis examines a company's position in the market based on its cost and differentiation strategies.
Here is a step-by-step analysis for Greyhound Coach Lines:
1. Cost Strategy: Greyhound can achieve cost advantage by reducing expenses and offering competitive prices to customers. Some cost-saving measures Greyhound can implement include efficient fleet management, fuel optimization, and streamlined operations. By keeping costs low, Greyhound can attract price-sensitive customers.
2. Differentiation Strategy: Greyhound can differentiate itself from competitors by offering unique features or services. For example, it can focus on providing comfortable seating, onboard amenities, or reliable schedules. By offering a superior customer experience, Greyhound can attract customers who value quality and convenience.
3. Competitive Advantage: To evaluate Greyhound's competitive advantage, we compare its cost strategy and differentiation strategy to those of its competitors. If Greyhound can achieve lower costs while providing unique and valuable services, it will have a competitive advantage in the market. This advantage can lead to increased market share, customer loyalty, and profitability.
4. Implementation: Greyhound should continuously analyze its cost structure and seek cost-saving opportunities. Additionally, it should invest in market research to identify customer needs and preferences. This information can guide the development of new services and improvements to existing ones.
In summary, Greyhound can gain a competitive advantage by implementing both cost and differentiation strategies. By reducing costs and offering unique services, Greyhound can attract and retain customers in the highly competitive travel and tourism sector.
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Related Questions
The amount financed is lowered by a _______ _______ before computing the annual lease payment.
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The amount financed is lowered by a down payment before computing the annual lease payment.
What is a lease payment?
In the world of finance, a lease payment is the equivalent of the monthly rent that is formally stipulated by a contract between two parties, allowing one participant the legal right to use the other person's fixed assets, such as their real estate holdings, manufacturing equipment, computers, and software, for a predetermined period of time.
In essence, the lease arrangement gives the lessor money in exchange for the lessor's limited right-to-use without transfer of ownership to the lessee.
The period of time that the lease payments would be made might vary from a month-to-month schedule, as is typically the case with SaaS business models, to an exceptionally lengthy timetable, such as 100 years, as is frequently the case with land-lease scenarios.
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in a multidivisional structure, each business that the firm engages in is managed through a
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In a multidivisional structure, each business that the firm engages in is managed through a separate division.
In a multidivisional structure, also known as a multi-divisional or M-form structure, a firm is organized into separate divisions, each responsible for managing a specific business or product line. Each division operates semi-autonomously, with its own set of functions, resources, and decision-making authority.
The purpose of adopting a multidivisional structure is to enhance efficiency, flexibility, and accountability within the organization. By dividing the firm into separate divisions, each division can focus on its specific business area, tailor its strategies and operations to the unique requirements of that area, and effectively respond to market demands.
The divisional structure allows for decentralized decision-making, with division managers overseeing the day-to-day operations and making business-specific decisions within their respective divisions. This structure promotes specialization, coordination, and the allocation of resources based on the needs and priorities of each business.
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What do you mean by traditional professional? explain with explain.
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pro·fes·sion
noun
1. a paid occupation, especially one that involves prolonged training and a formal qualification.
"his chosen profession of teaching"
synonyms:
career, occupation, calling, vocation, métier, line (of work), walk of life, job, business, trade, craft;
informalracket
"his chosen profession of teaching"
2. an open but often false declaration or claim.
"a profession of allegiance"
synonyms:
declaration, affirmation, statement, announcement, proclamation, assertion, avowal, vow, claim, protestation;
formal averment
"a profession of allegiance"
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Related Questions (More Answers Below)
People are living paycheck to paycheck why is that a problem
Answers
Becoming more efficient and minimizing start-up costs are ways to
A) Increasing net profit
B) Decreasing gross profit
C) Increasing gross profit
D) Decreasing net profit
Answers
Becoming more efficient and minimizing start-up costs are ways to Increase net profit. Thus the correct option is A.
What are startup costs?The costs involved in establishing a new firm are known as startup costs. Equipment, registration fees, insurance, and taxes are startup expenses because they are needed when a business is first started up.
The start-up costs of a business should be low as the initial level there is high risk associated with the business. To reduce the startup costs it is important to do proper research and fix a budget for particular things.
After planning and things get implemented it is important to track every operation to minimize the cost and control the functions timely to help to perform efficiently with the resources.
A business can increase its profit margins without compromising quality, sales price, or product sales by improving the supply chain, manufacturing companies, staff, and facilities used in business.
Therefore, option A is appropriate.
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If firms in an oligopolistic industry successfully collude and form a cartel, what price and output will result?
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The price and output will result in a monopoly price and output.
Oligopolistic is an aggressive situation wherein there are only some sellers (of merchandise that may be differentiated but no longer to any remarkable volume); every supplier has an excessive percentage of the marketplace and cannot have the funds for to ignore the actions of the others.
An oligopoly is when a market is shared by way of handiest a small number of firms, resulting in a nation of limited opposition. for this reason the 1980s, it emerged more common for industries to be dominated by three companies as merger agreements among major players have resulted in industry consolidation.
Some of the most excellent oligopolies in the U.S. are in movie and tv manufacturing, recorded track, wi-fi carriers, and airlines.
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Susan took out a personal loan for $3,500 at an interest rate of 13% compounded monthly. She made arrangements to pay the loan off in 3 years. What will her monthly payment be? a. $99. 34 b. $105. 32 c. $117. 93 d. $156. 60 Please select the best answer from the choices provided A B C D.
Answers
The correct statement is that Susan's monthly payment for a personal loan which is to be paid off in three years will be $143.3. So, the correct from the given choices is not given above.
The computation of monthly payment can be done by calculating the annuity and then dividing it by the number of months of the duration of payment of such loan.
Calculation of monthly paymentPutting the given values into the formula for compounded annuity, the values obtained will be as, \(\rm Compounded\ Annuity= Principal(1+\dfrac{r}{n})^n^t\\\\\rm Compounded\ Annuity= 3500(1+\dfrac{0.13}{12})^1^2^ x ^3\\\\\\\rm Compounded\ Annuity= \$5158.60\)Now dividing the total compounded annuity by number of months which is given as 36 months will be calculated as, \(\rm Monthly\ Payment = \dfrac{Annuity}{Period}\\\\\\\rm Monthly\ Payment = \dfrac{5158.60}{36}\)So, the monthly payment will be, \(\rm Monthly\ Payment = \$143.29\)Hence, the correct option is not given above and the monthly compounded payment on a personal loan of $3500 for a period of 36 months will be $143.3.
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The central bank of Theongo intends to purchase $200 billion of government securities. If the reserve ratio is 25% in Theongo and banks hold zero excess reserves, the money supply will eventually increase by
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The money supply in Theongo will eventually increase by $800 billion.
When the central bank of Theongo purchases $200 billion of government securities, it injects new reserves into the banking system.
Given a reserve ratio of 25% and assuming banks hold zero excess reserves, we can determine the potential increase in the money supply using the money multiplier formula.
The money multiplier (MM) is calculated as:
MM = 1 / Reserve Ratio
In this case, the reserve ratio is 0.25, so the money multiplier is:
MM = 1 / 0.25 = 4
To find the potential increase in the money supply, we multiply the initial injection of reserves ($200 billion) by the money multiplier:
Increase in Money Supply = Initial Injection × MM
Increase in Money Supply = $200 billion × 4 = $800 billion
So, if the central bank of Theongo purchases $200 billion of government securities with a reserve ratio of 25% and banks hold zero excess reserves, the money supply in Theongo will eventually increase by $800 billion.
This expansion occurs as banks lend out the newly created reserves, which then get deposited into other banks, and the process continues. The higher the reserve ratio, the smaller the money multiplier and the lower the potential increase in the money supply.
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Preparation of Adjusting Entries Bartow Photographic Services takes wedding and graduation photographs. At December 31, the end of Bartow's accounting period, the following information is available: All wedding photographs are paid for in advance, and all cash collected for them is credited to Unearned Service Revenue. Except for a year end adjusting entry, no other entries are made for service revenue from wedding photographs. During the year, Bartow received $42,600 for wedding photographs. At year end, $37,480 of services had been performed. The beginning-of-the-year balance of Unearned Service Revenue was zero. During December, Bartow photographed 228 members of the next year's graduating class of Shaw High School. The school has asked Bartow to print one copy of a photograph of each student for the school files. Bartow delivers these photographs on December 28 and will bill the school $5.00 per student in January of next year. Revenue from photographs ordered by students will be recorded as the orders are received during the early months of next year. Equipment used for developing and printing was rented for $22,500. The rental term was for 1 year beginning on August 1 and the entire year of rent was paid on August 1. The payment was debited to Prepaid Rent. Depreciation on the firm's building for the current year is $9,390. Wages of $4,170 are owed but unpaid and unrecorded at December 31. Supplies at the beginning of the year were $2,400. During the year, supplies costing $19,600 were purchased from Kodak. When the purchases were made, their cost was debited to Supplies. At year end, a physical inventory indicated that supplies costing $4,100 were on hand.
Conceptual Connection: By how much would net income be overstated or understated if the accountant failed to make the adjusting entries?
Answers
Answer:
The enetres below suggests that the reader aka you doesnt know how to do work
Explanation:
study
Alicia is working on a presentation about the top 10 employees of the month in her office. She wants to add a bold effect to the word Congratulations and a bright red color to it. Which element in the presentation software is she highlighting?
Answers
Answer: Highlight the headings in bold and choose your preferred colour.
Explanation:
For Alicia To add a bold effect on the word, she has to highlight the word she wants to work with and increase the size to your desired colour, this is also applicable to choosing preferred colour
Find the a) amount, and b) compound interest. (From Example 1) Ramona Oden deposited $6,000 at 5.5% interest compounded daily for 25 days. 2. Chuck Lange deposited $6,000 at 5.5% interest compounded daily for 31 days.
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Based on the amount deposited by Ramona and the interest rate, the amount would be $6,022.64 and the compound interest would be $22.64.
The amount for Chuck would be $6,027.18 and the compound interest would be $27.18.
What is the amount for Ramona?This can be found as:
= Amount x (1 + rate/compounding periods in a year) ^ number of periods
= 6,000 x (1 + 5.5%/365 days) ²⁵
= $6,022.64
The compound interest is:
= 6,022.64 - 6,000
= $22.64
What is the amount for Chuck?= 6,000 x (1 + 5.5%/365 days) ³⁰
= $6,027.18
Compound interest:
= 6,027.18 - 6,000
= $27.18
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Joneffry is a new start up business offering gardening services. Jon needs to borrow £2400 to buy the equipment he needs to start the business such as lawn mowers and strimmer’s. Jon has been offered a loan with a 2-year repayment period and a monthly repayment of £116.00, totalling £2784 over the two years.
(a) Calculate the total interest Joneffry will pay for this loan as a percentage
of the total amount borrowed. You are advised to show your workings.
b) Outline one method Jon could use to reduce the initial outlay of money
on his new business. [2]
(c) Jon can only afford to pay £150 in interest per year.
Calculate the highest interest rate that Jon can afford to pay on a loan
of £2400. You are advised to show your workings.
Answers
a) The total interest Joneffry will pay for this loan as a percentage of the total amount borrowed is 16%.
b) To reduce the initial outlay of money on his new business, Joneffry could lease the equipment instead of outright purchase (making a monthly lease payment over more than two years).
c) If Jon can only pay £150 in interest per year, the highest interest rate that Jon can afford on a loan of £2400 is 6.25%.
How is the interest rate determined?The interest rate is computed as the quotient of the division operation between the interest amount (numerator) and the loan amount (denominator).
This quotient is then multiplied by 100, to express the result in a percentage.
The interest rate represents the cost of borrowing because of associated risks and the time value of money.
Cost of equipment = £2,400
Mortgage period = 2 years (24 months)
Monthly payments = £116.00
Total payments = £2,784 (£116 x 24)
Total interest = £384 (£2,784 - £2,400)
Total interest as a percentage of amount borrowed = 16% (£384/£2,400 x 100)
The highest interest Jon can afford = £150
Interest rate = 6.25% (£150/£2,400 x 100)
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Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because
Answers
Name two things other than the 5 C’s that can affect pricing
Answers
(e) Recommend two ways in which communication could be improved in a large
organisation. Justify your recommendations.
Way 1:
Way 2:
Give suggestions I will write analysis and conclusion
Answers
The recommended ways to improve communication are given below:
The RecommendationsWay 1: Implement a centralized communication platform such as Slack or Microsoft Teams to improve collaboration and facilitate real-time communication across different teams and departments. This would enable employees to quickly and easily share information, documents, and updates, leading to increased productivity and more efficient decision-making.
Way 2: Conduct regular town hall meetings or all-hands meetings, where senior leaders can address the entire organization, provide updates on business goals and priorities, and answer questions from employees. This would help improve transparency and ensure that everyone is aligned on company goals and objectives, leading to greater engagement and job satisfaction.
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What is globalization?
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What is the term for all of the groups that stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address?.
Answers
Stakeholders is a term used for the groups that stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.
Who is a stakeholder?A Stakeholders are people in politics or business that have invested.
They are usually risk takers and have to gain or lose by the policies and various activities that occurs in a business.Conclusively, A stakeholder have a huge share in gain and loss of a business.
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Create a perfume overview. The brand name is Kelly.
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a ______ denotes the total level or amount of something at a particular point in ... is the change to the stock of that something over a period of time.
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Stock represents a static quantity at a specific point in time, while flow represents the rate of change over time.
A stock denotes the total level or amount of something at a particular point in time, while flow is the change to the stock of that something over a period of time. In this case, stock refers to a static quantity, like a balance in a bank account.
In contrast, flow refers to the rate of change over time, such as how quickly money is being deposited or withdrawn from a bank account. To put it simply, a stock represents a quantity at a specific point in time, while a flow represents the rate of change over time.
The stock and flow concept is widely used in economics and other fields to understand and analyze various processes, such as supply and demand, investments, and population growth.
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Estado patológico a consecuencia obligada de clase de trabajo que desempeña el trabajador o el medio en que se ha visto obligado a trabajar
Answers
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no hay opciones ni incisos para responder, podemos comentar lo siguiente.
La respuesta que buscas es "enfermedad profesional."
En materia de salud ocupacional, se le llama enfermedad profesional al estado patológico a consecuencia obligada de clase de trabajo que desempeña el trabajador o el medio en que se ha visto obligado a trabajar. La Secretaría d Salud o Instituto de Salud, Secretarías del Trabajo de cada país o Estado ampara a los trabajadores como parte de los programas de prevención de riesgos laborales.
Las diferentes instancias gubernamentales deben estar al pendiente de los casos de problemas de salud presentados por los trabajadores a consecuencia del exceso en la carga de trabajo y las diferentes presiones laborales que provocan estrés.
in class, we discussed that the relationship between intelligence and job performance is stronger for complex jobs than for simple jobs. job complexity is what type of variable in this example?
Answers
Job complexity is the independent variable that influences the strength of the relationship between intelligence and job performance.
Job complexity refers to the level of cognitive demands, skill requirements, and intricacy associated with a particular job. It represents a characteristic of the job itself rather than an outcome or dependent variable.
In this context, it serves as an independent variable that is believed to influence or impact another variable, which in this case is job performance.
The statement suggests that the relationship between intelligence and job performance is stronger for complex jobs compared to simple jobs. This implies that as job complexity increases, the role of intelligence becomes more crucial in determining job performance.
Complex jobs typically require higher levels of problem-solving, decision-making, creativity, and learning. Intelligence, which encompasses cognitive abilities, problem-solving skills, and adaptability, is likely to have a greater impact on job performance in these complex job settings.
On the other hand, for simple jobs with fewer cognitive demands and skill requirements, the influence of intelligence on job performance may be less pronounced. Simple jobs often involve routine tasks that may not require extensive intellectual abilities or problem-solving skills.
In summary, job complexity acts as an independent variable that influences the relationship between intelligence and job performance. As job complexity increases, the impact of intelligence on job performance becomes stronger.
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NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
Answers
Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
if denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job.
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If denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job. [TRUE]
Employee Obligations to the CompanyEmployees also have obligations that need to be given to the company.
1. Obligation of obedience
In this case, it means that workers must have consequences and also obey the rules that exist in the company.
2. Obligation of confidentiality
Every employee is required to maintain all important data that has been obtained while working at the company. Especially for the type of company data that is confidential.
3. The obligation of loyalty
The last rights and obligations of employees are regarding loyalty in which workers need to support the company's vision and mission and also have high loyalty to the company.
In order for mutual reciprocity, the company also has company rights and obligations that need to be carried out.
Your question is incomplete but most probably your full question was:
True/False: If denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job.
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Which of the following protects intellectual property for a period of time,
usually the creator's lifetime plus 70 to 125 years?
A. Trademark
B. Copyright
C. Patent
D. Due process
Answers
Answer:
B
Explanation:
copyright
Copyright protects intellectual property for a period of time, usually the creator's lifetime plus 70 to 125 years. Hence, option B is appropriate.
What is the meaning of Copyright?Original works of authorship are protected by copyright, a type of intellectual property, as soon as the author fixes the work in a tangible form of expression.
According to the definition of copyright, someone may get the exclusive right to produce and market one or more copies of their original work. A copyright example might prevent you from passing off Michael Jackson's music as your own. What qualifies as a copyrighted work? The work must be original and physical.
A trademark safeguards a company name, logo, slogan, or other identifier used to market goods and services. Artistic, literary, and theatrical works are examples of original creative expressions that are protected by copyright. Coverage. To identify the brand of a good or product, a mark is utilized.
Hence, option B is correct.
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QUESTION 5 of 10: The first step in the marketing process is to:
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Answer:
Understand the market place, which includes customer needs and wants.
When listing work experience,class project, special skills in activities on your résumé, what is important to remember?
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Answer: Employers, Role, Responsibility, Where and Dates
Explanation: To make sure you're not lying they would want to look into when and where this happened.
So the easiest way to do that is to include where you were, or were working at. As well as who hired you + What the job's name was. Make sure to always include important details
Answer: You should list the things that are related to the job you are applying for
Explanation: When making your resume for a new job, you should list your experiences, class projects, and or special skills that are related to this job. If you have random things in your resume, they will be less than helpful to getting your new position.
difference between administrative manpower and technical manpower
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The difference between the technical and administrative manpower is as follows:
Work role undertakenFocus on project or organizationType of tasks being preformedWhat is meant by manpower?Manpower is the human resource or workforce being employed on the work assigned in the organization.
Administrative manpower is engaged in planning and implementing the policies in an organization whereas technical manpower executing the tasks related to a project.Administrative manpower relates the organization as a whole while the project work is tied with the appointment of technical manpower.Administration tasks are preformed by admin manpower whereas technical and clerical tasks are initiated by technical manpower.Therefore, the comparison between both the man-powers being explained as above.
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Let (inverse) demand be Pb = 87 - 6 Qb and (inverse) supply be Pv = 27 + 4 Qv. Consider the shift in demand illustrated (the intercept of Pb moves by 9 ). The graph illustrates the demand for water in Los Angeles starting in the year 2020 and projected to 2050, what is the most likely cause of the shift depicted during this time period ? (1) A decrease in L.A.'s population; (2) An increase in L.A.'s population; (3) No change in L.A.'s population; (4) New water supply infrastructure projects; (5) An increase in the use of drought tolerant plants.
Answers
A shift in demand occurs when there is a change in the demand for a product or service. The graph illustrates the demand for water in Los Angeles from 2020 to 2050. Let (inverse) demand be Pb = 87 - 6 Qb and (inverse) supply be Pv = 27 + 4 Qv.
Consider the shift in demand illustrated (the intercept of Pb moves by 9).In this case, the most likely cause of the shift depicted during this time period is an increase in L.A.'s population. The demand curve shifts to the right as the population grows, indicating that the quantity of water demanded rises. As a result, an increase in the population of L.A. would cause an increase in the quantity of water demanded. The demand curve would shift to the right in this scenario. A change in demand occurs when there is a shift in the demand curve, which can be caused by a variety of factors such as population growth, a shift in consumer tastes, and so on. An increase in demand results in a shift to the right, whereas a decrease in demand results in a shift to the left. Supply curves, on the other hand, may shift to the right or left as a result of changes in production costs, the introduction of new technology, or other factors. A change in supply will shift the supply curve either to the left or to the right. The equilibrium point is where supply and demand intersect.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
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All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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True or false: Subsection (d) under section 10 of the Federal Arbitration Act requires the court to review the merits of every construction of a contract.
Answers
It is a False statment to say that subsection (D) of section 10 of the Federal Arbitration Act mandate that the court review the merits of every construction of a contract. The act speaks to Arbitration.
What does the Federal Arbitration Act of the United States of America say?Subsection (D) of section 10 of the above stated Act state that the United States Court would vacate an award upon application by any of the party to the arbitration:
Where the arbitrators exceeded their power or so imperfectly executed them that a mutual, final and definite award upon the subject matter submitted was not made.
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