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Instructions Use below references for this project Planning and the SWOT Analysis Purpose   The purpose of this project is to introduce you to the planning process and to complete a SWOT analysis to determine a company’s strengths, weaknesses, opportunities, and threats. Using the information gathered to complete the SWOT, you will begin to build a Strategic Plan identifying and discussing the company’s goals and objectives. Outcome Met by Completing This Assignment · Employ effective planning processes to develop strategies, goals, and objectives to enhance organizational performance and sustainability.  Instructions and Case Background Note: Before starting work on Project I, you must carefully read the Project 1 rubric.  You are requested to complete Project 1 in the role of a recent business degree graduate, newly hired by Silver Airways.  Your manager has requested your assistance in conducting a SWOT analysis and developing the goals and objectives for a strategic plan. The strategic plan is necessitated by Silver Airways' CEO requesting an assessment of the airline’s ability to continue to grow and the subsequent steps it needs to take to make that happen.    Use below references your research findings based on Silver Airways' links below. This information will allow you to analyze the current state of Silver Airways to determine its strengths, weaknesses, opportunities, and threats.     You will complete a SWOT table identifying the strengths, weaknesses, opportunities, and threats you identified for Silver Airlines. Based on your SWOT table, you will then develop and explain your goals and their related objectives.    Your manager has informed you of the following facts: Florida-based Silver Airways recently announced its acquisition of Seaborne Airlines, headquartered in Puerto Rico.  Expanding its flight routes within the Caribbean makes the company the highest volume airline to the Bahamas and the Caribbean.  In addition to its Bahamas and Caribbean flights, Silver Airways serves the southeast and a few northeast states. Your manager has provided you with the links found below and indicated that route expansion, a new fleet of aircraft, and the acquisition of Seaborne Airlines should be considerations in your analysis. Of course, the focus of your analysis is Silver Airways and not Seaborne Airlines. Your analysis, SWOT table, goals, and objectives must be supported by a logical and well-reasoned evaluation of the facts ascertained from the course materials and links provided.   Research Links (below are links that you will have to use, let me know if it does not open) · Silver Airways · Seaborne Airlines · Silver Airways-Seaborne Airways Acquisition · Silver Airways Announces Major Strategic Growth Developments and New Leadership You may do additional research related to Silver Airways to enhance your SWOT analysis, SWOT Table, and goals and objectives. Note: Your report must be based on the results of your own research. This means that you will research and draw your own conclusions, which must be supported by your independent research and the course materials. You are precluded from using any existing SWOT analysis, SWOT Table, and goals and objectives ascertained from anyone else's source material (e.g., internet sites, for-pay websites, existing documents, video resources, and the like). A zero will be earned for not doing your own analysis. How to Set Up the Paper Create a Word or Rich Text Format (RTF) document that is double spaced. Use 12-point font. The final product will be 5-pages in length, excluding the title and reference pages.  Write clearly and concisely.  Create an APA compliant title page that provides the paper's title, date, name, course number, section number, and instructor's name. Use all of the following centered Bolded and left-justified Bolded headings in the same order they appear in completing your project.                                                                       Introduction · Write an Introduction paragraph. The introduction paragraph is the first paragraph of the paper and will describe to the reader the intent of the paper, explaining the main points covered in the paper. This intent should be understood before reading the remainder of the paper so the reader knows exactly what is being covered in the paper. The introduction is often written after the paper is completed. (Use in-text citations as required.)                                                         SWOT Table · Using the research from the websites provided and any additional research, complete a SWOT Table for Silver Airways using the format below. · Provide a minimum of three strengths, three weaknesses, three opportunities, and three threats. See the grading rubric for specifics and further guidance. · Provide an in-text citation for each item presented in the SWOT Table. Strengths Weaknesses                 Opportunities Threats                                                                SWOT Analysis:  Silver Airways · Write a paragraph explanation for each quadrant (Strengths, Weaknesses, Opportunities, Threats) on the SWOT Table that explains each item in each quadrant  (Strengths, Weaknesses, Opportunities, Threats). Support your reasoning. Remember, there must be a minimum of three items in each quadrant. Be certain to label each of the paragraphs Strengths, Weaknesses, Opportunities, or Threats and make it clear to the reader which item within each of those headings is being discussed. (Use headings below and in-text citations as required.) Strengths Explanations Paragraph    Weaknesses Explanations Paragraph   Opportunities Explanations Paragraph   Threats Explanations Paragraph                                                           Goals and Objectives           Goals, Objectives, Strategies, Tactics (https://www.knbcomm.com/blog/differentiating-goals-objectives-strategies-and-tactics-key-components-successful-strategic-plan) (Review the material in the link before                                                                                                completing the following section!)  · You will now begin to build the framework for the Strategic Plan to be developed. Identify and explain three (3) major strategic goals that the company should attain based on its acquisition of Seaborne Airlines. Each strategic goal will be one sentence, followed by an explanation of the importance of each goal. (Use in-text citations as required.) · For each strategic goal, provide at least two one-sentence objectives to support each strategic goal. The relationship of each objective to its strategic goal must be demonstrated. (Use in-text citation as required.) The assignment rubric displays how the assignment is graded and how to earn additional credit for various paper sections.  Make sure to use the research and course materials to support your analysis.  STUDENTS: The format and framework for your goals and objectives must be as follows:    STRATEGIC GOAL 1: Must be written as a one-sentence goal. The goal must be followed by a brief explanation of the goal's significance. (Use in-text citations and references as appropriate.)  Objective 1:  Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)    Objective 2: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)     STRATEGIC GOAL 2: Must be written as a one-sentence goal. The goal must be followed by a brief explanation of the significance of that goal. (Use in-text citations and references as appropriate.)  Objective 1: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)     Objective 2: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)     STRATEGIC GOAL 3: Must be written as a one-sentence goal. The goal must be followed by a very brief explanation of the significance of that goal. (Use in-text citations and references as appropriate.)    Objective 1: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective as it relates to its goal. (Use in-text citations and references as appropriate.)     Objective 2: Must be written as a one-sentence objective. The objective must be followed by a brief explanation of support for that objective, as it relates to its goal. (Use in-text citations and references as appropriate.)                                                                     Conclusion · Create a concluding paragraph. The conclusion paragraph highlights the major findings covered in the paper.                                                                        References                                                          Use the checklist below to ensure your paper's compliance with assignment instructions.   Checklist Specific Project Requirements   Proofread your paper. Ensure your topic headings and format follow the above sequence.    Read and use the grading rubric while completing the paper to ensure all requirements are met to lead to the highest possible grade.    Third-person writing is required. Third-person means that there are no words such as “I, me, my, we, or us” (first-person writing), nor is there use of “you or your” (the second person writing). If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person.    Contractions are not used in business writing, so do not use them.     Paraphrase and do not use direct quotations. Paraphrase means you do not use more than four consecutive words from a source document.  Removing quotation marks and citing is inappropriate. Instead, put a passage from a source document into your own words and attribute the passage to the source document. There should be no passages with quotation marks. Using more than four consecutive words from a source document would require direct quotation marks. Changing words from a passage does not exclude the passage from having quotation marks.        You are expected to use the research and weekly course materials to develop the analysis and support the reasoning. There should be a robust use of the course material. The material used from a source document must be cited and referenced. A reference within a reference list cannot exist without an associated in-text citation and vice versa.  Changing words from a passage does not exclude the passage from having quotation marks
Answered 28 days AfterMay 30, 2022

Answer To: see attach

Tanmoy answered on Jun 01 2022
77 Votes
SWOT Analysis and Strategic Goals of Silver Airways    4
SWOT ANALYSIS AND STRATEGIC GOALS OF SILVER AIRWAYS
Table of Contents
Introduction    3
Analysis    3
Conclusion    7
References    9
Introduction
    Silver Airways is a domestic airlines company in United States which operates its flights in Florida, Southeast of US and the Bahamas. It was founded in the year 2011 by the financial assistance received from the Gulfstream International Airlines. There are 20 aircrafts with Silver Airways which travels to more than 28 destinations in United States. It is a low-cost
carrier which offers services at $49 as a one-way fare in festivity of new services available for the travelers on the Thursdays and Sundays. Through this paper we will try to evaluate the strengths, weaknesses, opportunities and threats of Silver Airways. We will also try to analyze the strategic plans of the Airlines company. It is also essential that the management of Silver Airways is able to create an effective strategic management system with respect to this business venture for future development. Thus, by evaluation of the collected information and the SWOT Analysis will help to weigh the pros and cons with respect to each item of the SWOT table. Finally, this process will be determined based on the strategic objectives and the manner in which these objectives can be accomplished successfully.
Analysis
We will conduct a SWOT analysis of the Silver Airways (Lumen, 2022).
    Strengths
    Weaknesses
     It controls the Caribbean route via Florida in the form of commercial airliners, airport fleets and seaplanes. The flights are made for short trips and are non-stop flights (Silver Airways, 2022)
     The Silver Airways are the codeshare partners which is considered as a big brand yet its popularity among the public as a big brand is rarely noticed (Silver Airways, 2022).
     Silver Airlines have strong presence of their businesses in Northeast of United States (Silver Airways, 2022).
    Even if it considers itself as a big brand, it relies on the third-party platform for allowing its customers to book the flight tickets. These are United.com and Experdia.com (United, 2021)
     Silver Airlines have more than 125 flights which flies in more than 18 destinations throughout the state of Florida (Silver Airways, 2022).
     The Silver Airlines is present in only 5 states out of which two states boards seasonal flights (Silver Airways, 2022).
    Silver Airlines have ATR42 – 600 aircrafts which is purchased by the company replacing the old models (Silver Airways, 2022).
    Silver Northeast are present only in two locations which are situated in far Northeast of United States (Silver Airways, 2022).
    The company is able to enhance its revenue by providing flights in the Caribbean states which will fly from the Northeast of United States (Silver Airways, 2022).
    Due to new expansion in Silverline there is shortage of staffs and members for managing the new territories (Silver Airways, 2022).
    The cost of flights of Silver Airlines are quite cheap compared to other airlines company. It charges only $60-$70 for a one-way trip.
    Its flights are for short trips only and need to reflect on the longer trips (Silver Airways, 2022).
    Opportunities
    Threats
     The Silver Airways can gain opportunities if they consider the longer flights which are non-stop. This will help to boost their revenues (Silver Airways, 2022).
     The rising cost of fuel is a burdensome for the airline company especially for the Air Turbine Fuel along with the cost of maintenance and repairing (Josephs, 2021).
    Emphasize on international routes which can attract millions of tourists and can be a competitive advantage for the airliner (Silver Airways, 2022). This can be done by expanding the airlines company in Caribbean countries after collaborating with Seaborne Airlines.
    The increase in the service areas will increase their costs such as if they opt for longer routes in different states and countries (Silver Airways, 2022).
     Serving meals even during the short distance travel can gain the customer trust and respect towards the airlines company. This will make the customers realize that the airlines company thinks of them (Knoji, 2021).
    The increase in the customized customer services by other domestic airline companies is a threat for Silver Airways (Silver Airways, 2022).
    Good leadership in Silver Airlines can help to structure innovative strategies essential for its expansion (Silver Airways, 2022).
    There are already existing airline companies which have a low-fare business model which is able to serve Northeast of United States presently (Silver Airways, 2022).
    The Airlines can create new teams which will be able to administer each location where Silver Airlines is present. They can also acquire new expertise and address the specific operational components with respect to the organization (Lumen Learning, n.d.).
    It is due to the global pandemic situation of covid-19 which has deteriorated the airlines industry along with negatively affecting the business of Silver Airlines (Silver Airways, 2022).
SWOT Analysis
It is Silver Airlines which is trying to expand itself further in the Northeast of United States. Due to this reason, there are few strengths which the company has been able to develop gradually. Further, the company presently have business presence in the niche market region. This helps them to succeed easily in the Airlines industry in Northeast of US. It is also controlling the Caribbean route which is through Florida based on commercial airlines, airport fleet and seaplanes. The company operates with more...
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