Qantas Business Report

Business Report Executive Summary Qantas fiscal performance has been very happy in recent y heads with the business recovering strongly from GFC and a large decrease in tax income to ear 377 million in 2010. The efficient financial performance has been the leave behind of effective receiptsability, liquidity, efficiency, return on capital, good solvency and growth including the organization of a new airline (jet star). Financial management of Qantas The financial management of Qantas refers to the proper management of capital and funds in order to achieve the goals of the business. The financial management of Qantas has been very winning as it is one of the few profitable airlines in the creative activity that does not receive government assistance. The airline industry in which Qantas operates in is highly competitive and dynamic industry which is characterised by fluctuating sales, a high margin of expenses. Evidence to Qantas effective management could be there net profit of 2008 be 1.3 billion, their ability to respond to unavoidable decreases in revenue want the Global financial crisis, terrorist attacks, rise in fuel prices etc besides shows there flexibility and adversibility in effectively keeping the profit levels at above 100 million.

Qantas management is focused on maximising return to sh arholder (dividends) since they were privatised in 1995 Profitability Profitability refers to the revenue left over after expenses have been payed; Qantas in semblance to this have been very successful. Although many external factors have take to fluctuations: * Increase of %30 in 2008 * decrease of %87 in 2009 * Increase of %300 in 2010 Qantas has managed to keep there positivity to a maximum through their use of revenue controls and apostrophize controls. Cost controls refers to ways in which a business whoremonger control and work to reduce be, strategies related to cost controls are could be: * Bulk buying * Reducing fixed business costs ( salaries,... If you want to get a full essay, order it on our website: Ordercustompaper.com

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