Coral Divers Case Study Essay

Two million tourists visit the coral reef every year. This is great for the economy; however it can have huge negative impacts on the coral reef. The tourists are carried around the Great Barrier Reef Marine Park (GBRMP) by over 500 commercial vessels which drop fuel, anchors and other forms of pollution that damage the reef. The tourists also break the fragile corals by touching and reef walking as well as

Coral Divers Resort (CDR) is a small, but well-regarded, diving resort in New Providence Island in the Bahamas. It is owned by Jonathon Greywell, who work full-time at the resort and is a diving instructor certified by PADI and NAUI. CDR had established a solid reputation as a safe and knowledgeable scuba diving resort that offered not only diving, but also a beachfront location. Many divers had come to prefer CDR over the other crowded resorts in the Caribbean. It had been in operation for 10 years with annual revenues reaching as high as $554,000. However, over the last three years, financial performance had fallen off. Greywell realized that the resort

This case analysis will discuss Crocs, Inc. core competencies and explain how Croc should exploit these competencies in the future. There will be an examination of options and an identified recommended choice (i.e. further vertical integration, growth by acquisition, or growth by product extension). In addition, there will be a review of the alternatives that fit and do not fit within the company’s core competencies. Finally, there will be a recommendation on how Crocs should plan production and inventory in the future; while also addressing how the corporation’s gross margins will affect this decision and what could go wrong in the decision-making process.

According to CS’s case, the firm’s strategy includes three aspects to be completive with peer firms. The first is innovation which is to attain substantial resource base through applying edged technologies. The second is control totally on the value chain for the sake of cost efficiency and goods quality assurance. The third concerned with diversity, this is to creating hedges among products classes and market regions. This strategy sounds quite “all round” but there is an issue that it needs relatively large amount of funds each year to attain it. As the technology require a high level of funds to support its technical research group and advanced equipment like new vessels and processing plants. It also needs fund to hire management expertise to monitor and manage on the firm’s value chain. And to dig new produce species and new market worldwide also needs vast funds. Therefore, CS needs to make sure it has sufficient funds yearly to attain its current strategy. Moreover CS will be unable to attain higher revenue if the firm over diversified its product and trading markets in hedging purpose. As the Canadian government controls severely on the seafood producing industry that limited each firm’s ability of seafood manufacturing (known as total allowable catch (TAC)). CS has to keep its product species diversification by acquiring other peer firms

Moving on, when it comes to business every company as a goal that they would like to reach at in the future when it comes to making improve and to grow their firms. As a consultant you have to list what areas the management team of the firm plans on working on in the future of their firm. According to the article called “Port everglades master plan “when it comes to cruise industry located on the lands of the harbor the organization of Port of Everglades would like to work on increasing the amount of individuals that take their cruises leaving the port. For example, the firms goal is to increase the number of passenger to five point six million by year 2033. The company is also trying to improve the number of containerized cargo that they receive

My first recommendation would be for YMCA to try and sell the company. My first reasoning behind this statement is that YMCA’s strategy is not aligned with what the task provides. YMCA has aims for providing recreation for lower class families, which would be impossible if the Cove expects to gain any profits. YMCA is not the correct organization for the profit success of that beach. Another reason for my reasoning was the low industry attractiveness. The growth potential for the industry is very low and the degrees of risk and uncertainty are high. This in itself is reasons to leave the industry but overall the profitability is low. Both reasons provide a solid motive to sell and get out of the industry. My next recommendation would be to raise money in the YMCA’s

When it comes to judging the alternatives with the most important factors of profit maximization and competitive advantage, the recommended option to become focused on family diving vacations is much stronger than the option to specialize in shark diving. (Displayed in detail in Exhibit 2). Partnering with Rascals posts the highest first full year profits of $166,000 compared to the adventure focused and cost efficiency alternative that posts a first year profit of $112,000. Further, the partnering with Rascals has projected revenues that are sustained further out in the future because of the competitive advantage gained when moving into the family oriented diving segment rather than the adventure oriented segment. The difference in estimated revenue between the two in 2011 is approximately $620,000 with the family specialization solution

This analysis was undertaken in an attempt to evaluate NonStop Yacht’s strategic direction in the Mega-Yacht industry due to the firm’s consistent inability to meet financial expectations. This case focused its efforts on answering. This poor financial performance has led the firm’s management to question whether or not a strategic alliance might be a beneficial alternative to their current business model. To address the firm’s current quandary, this case has answered the following central question: Should NSY strategically align with key industry players; or, would organic growth be a more beneficial option for generating the additional value needed to once again realign the company with both internal and external

With a lack of fish, coral reefs will perish and stunt tourism with a fighting impact. The article, Invasion of the Lionfish, acknowledges that, "Millions of tourists visit the Caribbean islands each year, many drawn by the chance to snorkel or scuba-dive. The sea is home to more than 1200 species of fish, many of which don't exist anywhere else. "The lionfish could have a devastating effect on business, "says Peter Hughes, whose company leads nearly 1000 tourists on guided dive tours in the Caribbean every year." This not only means that thousands of fish will die out, but that many jobs to locals will disappear without another thought. Thousands of tourists will disband and never be able to behold the true Majesty of the coral

Coral should identify and exploit their internal strengths and protect area of weaknesses and eliminate them as much as possible. As a strong point the resort has the competitive

The goals of this paper were to bring to light the results of the way divers felt after exploring artificial reefs. And how they would perceive new projects of reef building in the Red Sea in Eilat Israel. Coral deaths and bleaching are caused mostly by people who just wish to admire the reefs in their natural state. With no destructive intentions. The outcome of the study shows us that the artificial reefs were well looked upon by the divers due to experience they had while diving on the artificial compared to the natural reefs around them. The article tell us what it is about the artificial reefs that attract divers, the promising marketing potential artificial reefs present by creating mass marine ecotourism and soft ecotourism at dive sites, and the

Evidently, the challenge is creating an attractive artificial reef, with an abundance of fish. This creates an opportunity for alternate dive programs that are developed specifically to enhance the attractiveness, and marine life populations. Alternative dive programs can recruit experienced divers for artificial reef development, citizen science projects, fish population studies, or developed with the feedback of experienced divers, ensuring their interest. Additionally, for new and novice divers, dive programs can be developed to: “(1) transfer all introductory courses and in-training dives to artificial reef sites, (2) reinforce the environmental education of divers through the provision of educational materials positioned on artificial reefs, and (3) use more ‘in-depth’ conservation education dive briefings” (Kirkbride-Smith, Wheeler, and Johnson 9). To illustrate, let us consider a dive in which two experienced divers, one of which being the author, are seeking advanced scuba certifications. This certification takes place within 50 yards of dive operation and requires two consecutive dives, the first of which exhausts the divers’ air supplies while the second dive leaves thirty minutes of air. This presents an opportunity, in which the instructor presents an artificial reef he has established with a tire, rocks,

Coral reefs are in danger because tourist’s activities such as swimming and diving which have risks to take the coral as a souvenir. White beaches and turquoise water in Maldives are also attract so many tourists each year but as coral formations, they might be altered or spoilt by the visitors.

However, many fisherman are unable to catch as many fish as they used to, so they are increasingly using cyanide and dynamite in fishing, which further degrades the coral reef ecosystem.[6] This perpetuation of bad habits simply leads to the further decline of coral reefs and therefore perpetuating the problem. One solution to stopping this cycle is to educate the local community about why conservation of marine spaces that include coral reefs is important.[7] Once the local communities understand the personal stakes at risk then they will actually fight to preserve the reefs. Conserving coral reefs has many economic, social, and ecological benefits, not only for the people who live on these islands, but for people throughout the world as well.

This strategy seem challenging since this strategy focus on capture new market and new demand, which it’s required extra efforts in term of innovation of products and promotion in order to make customers realize about their product. Even there are some discussions about the blue ocean strategies; however, based on my review on customers comment said that the practical guidance on how to create them is limited. Therefore, without usual analytic framework which can be used as guidelines to create blue oceans as well as effective principles to manage risk, creating blue oceans viewed as too risky for managers to pursue as strategy for their company.