Give practical illustrations of how innovation and technology have impacted the operations, sales and the profit of Ryanair.    - A brief overview of Ryanair,  - Describe the new technologies and how they are being used by Ryanair,  -Compare the sales and profits of the company before and after the new technologies were introduced (Ryanair web),   - Comment on your findings,

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Give practical illustrations of how innovation and technology have impacted the operations, sales and the profit of Ryanair. 

 

- A brief overview of Ryanair, 

- Describe the new technologies and how they are being used by Ryanair, 

-Compare the sales and profits of the company before and after the new technologies were introduced (Ryanair web),

 

- Comment on your findings, 

-Practical illustrations of how innovation and technology has impacted the sales ,profits and growth of Ryanair, 

-●Just-in-time system of placing orders, 

● Ecommerce e.g . Online retailers such as ASOS,Amazon,Ebay.

● Reduces overhead costs because customers can now order online, 

● Drone is currently being used by companies to deliver goods, 

● Online banking.

 

Reference.

Morrison, J. (2017) The Global Business Environment, (4th edition), Palgrave.

Needle, D. (2015) Business in Context, An Introduction to Business and Its Environment, (6th edition), Cengage Learning.

Boddy, D. (2016) Management An Introduction, (7th edition), Pearson Press.

 

Thank you.

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