Oakwood Week 8 Managerial Economics Southwest Airlines Co Discussion

Choose a company or an organization that you are currently affiliated with (student/employee, vendor, potential employer, etc).

2. Applying some of the concepts, principles, and theories learned in this course, write a 5-7 reflection paper that should include the following:

a. Provide a brief overview of the company or organization chosen.

b. Outline and evaluate a plan that the company or organization could use in order to evaluate its financial and economic performance. Consider all the key drivers of performance (including biblical principles), and the fundamental manner in which each factor influences managerial decisions.

c. Determine and discuss two (2) likely factors that might cause a negative change, and predict the primary manner in which these changes would likely impact business operations in the dynamic business environment.

d. (I) Recommend key actions that the company or organization could take in order to arrest the negative changes to improve its profitability and/or service delivery to its stakeholders.

(II) Outline, in brief, a plan to implement your recommendations.

Assignment Details:

• 5 – 7 Pages, not including title and reference pages.
• Record responses to each question on a Word document.
• APA formatting and writing style required.