After seeing this image make some strategies that what should PIA do ?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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After seeing this image make some strategies that what should PIA do ?
![EXTERNAL FACTOR EVALUATION MATRIX:
OPPORTUNITIES
WEIGHTS (W)
SCORE (S)
w*s
Subsidy on oil prices
Ability to have maximum fleet and route
Increasing number of airports
0.04
0.16
0.03
0.09
0.05
4
0.04
Air crashes of other airlines
0.2
0.08
•Changing customer trends
• Low cost barriers
• Industry recovery predicted
Better recruitment policy
Globalization of speed-ex
0.03
0.09
0.07
0.21
0.08
4
0.32
0.06
3
0.18
0.05
3
0.15
THREATS
• Increase in interest rates
• Increasing oil prices globaly
0.05
0.1
0.04
0.12
New entrants
0.04
0.08
Inflation
0.05
2
0.1
Privatization
0.06
3
0.18
Terrorism threat
0.05
0.15
Time consumed by embassy for the visa
Devalue of currency
0.04
0.08
0.07
1
0.07
ТОTAL
1
46
2.2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F418b3a90-9e44-4842-806b-9ca0bfe714c6%2F70c53300-c7f7-4d66-a8ac-0b5acaa79288%2F8klkdm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:EXTERNAL FACTOR EVALUATION MATRIX:
OPPORTUNITIES
WEIGHTS (W)
SCORE (S)
w*s
Subsidy on oil prices
Ability to have maximum fleet and route
Increasing number of airports
0.04
0.16
0.03
0.09
0.05
4
0.04
Air crashes of other airlines
0.2
0.08
•Changing customer trends
• Low cost barriers
• Industry recovery predicted
Better recruitment policy
Globalization of speed-ex
0.03
0.09
0.07
0.21
0.08
4
0.32
0.06
3
0.18
0.05
3
0.15
THREATS
• Increase in interest rates
• Increasing oil prices globaly
0.05
0.1
0.04
0.12
New entrants
0.04
0.08
Inflation
0.05
2
0.1
Privatization
0.06
3
0.18
Terrorism threat
0.05
0.15
Time consumed by embassy for the visa
Devalue of currency
0.04
0.08
0.07
1
0.07
ТОTAL
1
46
2.2
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