Comprehensive Overview and Analysis: Thomas Cook Business Report

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Added on  2022/12/29

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This report provides a detailed overview of the Thomas Cook company, a prominent hospitality provider originating from the UK. It explores the company's various divisions, including retail, holidays, and airlines, highlighting its debt-free status and positive cash flow. The report examines the importance of location in business, discussing factors that influence site selection. It also delves into Thomas Cook's ownership structure, outlining shareholder roles and advantages like freedom and skill development, while also acknowledging disadvantages such as fiscal risk. Furthermore, the report analyzes the business environment, encompassing internal and external factors that impact profitability. A PESTLE analysis is included, covering political, economic, social, technological, legal, and environmental aspects. The conclusion summarizes Thomas Cook's resilience and strategic resource utilization, referencing relevant academic sources.
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Thomas Cook:
Company overview
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Contents
Introduction
Main body
Location
Location
Ownership structure
Advantages
Disadvantages
Business environment
Conclusion
References
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INTRODUCTION
Thomas cook is one of the top hospitality company which is
originated from UK it provides the best quality services to the
customers. Thomas cook company also includes other services which
are Thomas cook retail, Thomas cook holiday division, Thomas cook
Airlines, Thomas cook TV etc. It is one of the debt free company
which is create constructive cash flow in the organisation.
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LOCATION
Choosing the right location for a company is very important company
can choose its location by keeping in mind the comfort of customer
and whether the supplier can supply the goods or not what will the
premises cost for the organisation all these factor affect the growth of
the business so location has to choose by considering these factors.
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OWNERSHIP STRUCTURE
Ownership structure is basically the
rights and duties which the internal
organisation has and how they use the
rights to achieve the organisation
goals (Yiadom et al 2017).
Thomas cook have many shareholders
who invest their share in the company
to achieve its goals they invest in the
company so that profit can be shared
equally.
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ADVANTAGES OF OWNERSHIP
STRUCTURE
Freedom
financial appraisal
Development of skills
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DISADVANTAGES OF OWNERSHIP
STRUCTURE
Fiscal risk
Stress
Time consuming
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BUSINESS Environment
It is basically the interior and outer factors which affect the
profitability of the business. Like the customer’s requirement, supply
of goods, increase in inflation rate, management system etc. these
are the factors which effect the growth of the business so the
organisation has to plan their strategies accordingly to achieve its
target (Speich et al 2018)
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Internal factors
Employees
Business image
Relationship with the employees
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External factors
Increase in inflation rate
Change in fashion and trends
substitute goods
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Pestle analysis
Political factor
Economic factor
Social factor
Technological
Legal
Environmental
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CONCLUSION
As per the report it is concluded that Thomas cook has overcome
itself from the challenges and maintained its position in the market
by providing good services to the customers. Thomas cook utilise its
resources in a manner so that their profitability can be maintained.
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