How did your strategy impact your financial results?
Companies report the state of their business to their stockholders on an annual basis. The annual report is a written report that communicates the condition of the corporation to the owners and other stakeholders in the business. Prepare a brief annual report of your airline and include the following information:
1.Download the following financial reports for your airline business from the Interpretive Simulation website. (You can download these files from your airline to a spreadsheet.)
•Income statement
•Balance sheet
•Cash Flow
•Next, include write an annual report addressing the following questions:
•Marketing
◦What routes are you serving? Why?
◦Which route is most profitable?
•Competitive analysis:
◦Who is your competition?
◦How do you benchmark with your competitive firms?
◦What competitive reactions will you be making in the next few quarters?
•Operations:
◦What aircraft are you using? Why? How do they match to your strategy?
◦What is your approach on aircraft acquisition?
◦Maintenance plan?
•Strategy:
◦What strategic planning theories did you apply?
◦How did your strategy impact your financial results?
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