Business managment Essay Example | Topics and Well Written Essays - 4250 words

Business managment - Essay Example objectives tend to differ in a way that the VAA is a business organization trying to raise profits from the services offered while the British Red Cross is an organization trying to help people to survive hard situation. The target groups are different and the overall aims are also different. The airline has a responsibility of providing education and training to the young unemployed people. They can start aviation colleges, aeronautic engineering collages and such colleges to help the community and the government at large to grow. They can also benefit by employing qualified and skilled personnel who have been trained there. VAA has a responsibility of providing quality services to its customers. They can improve the services by increasing the comfort, the capacity of the air buses and the hospitality. They also have a responsibility of creating a good reputation to the shareholders and investors. This can be done through ensuring that the economic state of the company is maintained. This can also be done through making good use of the capital so as to obtain solid profitability to meet shareholder and investor expectations with stable dividends. (â€Å"Responsibility to stakeholders†. 2004) The airline has a responsibility of taking good care of the employees and staff. They should be provided with a good working environment, treated with fairness and rewarded for their performance since their hard work leads to the prosperity of the firm. It also have a responsibility of ensuring that they help to protect the environment by reducing pollution e.g. by the air buses. It has a responsibility of taking care of the business partners like the suppliers e.g through striving for mutual growth and prosperity. They should also pay taxes to the government and operate under the governing laws. VAA improved the services to the customers by expanding the airlines and enabling travel to many countries. Initially, the airline was intended to fly between London and Falkland