International Business Decision Making Essay Example | Topics and Well Written Essays - 2000 words

International Business Decision Making - Essay Example One or two decisions makers are however given the decision taking authority but limited with number of decisions to be taken. Because of this most of the decisions are delayed and memos seeking claims are passed slowly gathering signatures on the way. This slow process is however adversely affecting the airlines in today's competitive environment, where decisions are to be taken fast. In the air transport sector, there is lots of uncertainty which largely depends on consumer behavior. The logics used for estimations of operations and environments are not very clear. Under this sector, many important decisions like the supply of services etc. are based on these estimates and therefore a clear decision has to be taken. The carrier's supply decision making process is investigated, first when the demand function is obtained through classical methods then when it is given by a fuzzy function. (Charfeddine 2005, P.8). However, there are different interesting equipments set up by Airlines for convenience of their customers, while waiting for the flight arrival, and if there is a long gap between flights and have to stay at airport for quite a long time for uncanny reasons. Few of them are given below: The American Airlines Admirals Club at DFW has a kid's room with computer games and cartoons. O'Hare got a play zone under Terminal Two operated by the Chicago Children's Museum. San Francisco has Kids' Spot in Terminal 3. Vancouver's international terminal has a man-made stream that leads to an aquarium filled with 850 sea creatures and 1000 jellyfish tank. Singapore's Airport was named best airport in world for past 2 decades by Business Traveler magazine. It contains exotic gardens, two house tour nearby Singapore, napping rooms as also a movie theatre. All these facilities can attract the customers and are made in the interest of customers who have to wait for long hours for their flights to arrive and have nothing to do, can take advantage of all these beautiful arrangements. There are online travels shopping services available by airline through which you can track airline ticket pricing for leisure as well as business travels; the website helps the travelers easily compare the flight options and airfares. (The inside on how airlines set fares and make decisions. 2007). "Airline transport is a quite booming industry with an expected yearly growth rate of 6% for the 5 coming years. But airline transport is also a difficult industry, particularly for old European companies with heavy management structures, unionized personnel, and poor flexibility." The to and fro operations of the company takes place from Brussels airport. Here there are different options of operating more lines and with high efficient aircrafts, both in Europe and intercontinental, as additional traffic is generated by transfer passengers flying between their origin and