American Airlines Group Inc. (AAL)

 

 

Prior to beginning work on this discussion, go to American Airlines (Links to an external site.)’ and Samsung Electronics (Links to an external site.)’ most recent annual reports by clicking on the “Investor Relations” link found at each company’s website. The companies and their Internet addresses are listed below.

Company Name

Website

Product

American Airlines Group Inc. (AAL)

https://www.aa.com/homePage.do (Links to an external site.)

Airline tickets

Samsung Electronics Co., Ltd. (SSNLF)

https://www.samsung.com/us/ (Links to an external site.)

Electronics

American Airlines and Samsung are offering their products and services like many other companies over the internet. In an initial post of at least 200 words use the most recent annual filings for American Airlines and Samsung Electronics in Form 10-K to answer the questions below:

Determine the following for each company:
A product description
A product price
A list of costs that are required to produce and sell the product selected in the product description as listed in the annual report on SEC Form 10-K
Whether the costs identified above are fixed costs or variable costs.
Which of the products do you believe has the largest markup on variable cost?
While Samsung is a hugely popular brand, holding its shares has never been easy for U.S. investors. How can an investor buy Samsung stock in the US?

 

Sample Solution

There are other contingency theories that provide a more continuum based approach such as Redding’s theory of leadership and management, however Fielder’s description of how situational factors affect the leadership style required for the situation is extremely useful in understanding the fundamentals of leadership (Pettinger, 2007). Chelladurai in his Multi Dimensional Model of Leadership, expands on much of Fiedler’s theory but in a continuum based approach, in which the leader can adapt their leadership style to fit the situation (Chelladurai and Madella, 2006). Chelladurai’s theory is taken from sports psychology but can be applied to an organisational scenario. It provides a much more empirical categorisation of task structure, clearly differentiating a plethora of situations that require certain leadership styles for success. Chealldurai found three characteristics that affect the leadership style required for a situation, called antecedents, they mainly expand upon Fiedler’s situational factors and leader – member relations and ultimately affect how a leader should behave towards a situation. The first are situational characteristics, the environment in which the leader must perform, the second are leader characteristics, the experience, personal qualities and skills of the leader, and the third are member characteristics, the motivation, skill and experience levels of group members (Chelladurai and Madella, 2006). The situational characteristics and member characteristics have a required behaviour to ensure maximum group performance, they also have a preferred behaviour to ensure the satisfaction of group members, if the leaders actual behaviour matches both the required behaviour and preferred behaviour of the situation the consequence is maximum group performance and satisfaction. However, if the group are not performing and achieving goals or are not satisfied or both, then the leader is able to amend their actual behaviour to improve this. Leaders able to monitor performance and satisfaction, and understand what is required to amend the situation will achieve optimum group performance in Chelladurai’s model.
The one limitation of Chealldurai’s model is that it assumes the leader is in a position of complete positional power over the group, and can implement any leadership style of their choosing without constraints. Positional power is the authority and influence a leader has over a group, if the leader has positional power, they will be able to implement the leadership style they best see fit for the situation. Positional

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