Agencies
Management
Marketing
Profits
Cash Flow
100
Federal Aviation Administration, The primary regulatory and safety agency for the aviation industry in the United States.
The FAA
100
Getting things done through others.
Definition of Manager
100
Similar to a timeshare. Account for more than 40% of all new corporate jet orders from the manufacturers
Fractional Ownership.
100
Reward for effort, reward for risk, return on investment, profit to Sales Ratio.
The 4 main forms of profit.
100
Dec, Jan, Feb
The slowest aviation months
200
National Transportation Safety Board, Independent government agency that reports directly to Congress on safety and accidents, and provides interpretations of “probable cause” for serious or fatal accidents and incidents.
The NTSB
200
Planning, Organizing, Directing and Coordinating, Controlling
The 4 traditional functions of management.
200
Terrorism and Its Aftermath, Fractional Aircraft Ownership, Encouraging New Pilots, Sport Pilot Certification, Airport Closures, Technology, Tort Reform
Factors that may affect General Aviation.
200
Calculated by dividing the net profits of the business by its total sales
Profit to Sales Ratio
200
Expenses that raise with more business
Variable expenses
300
Transportation Security Administration, established in late 2001 as of result of concerns raised by the 9/11 terrorist attacks and has taken over the responsibility of aviation security from the FAA.
The TSA
300
Problem-solvers, Visionary leader, Leads followers, Caretaker, Seek to create and sustain a smoothly running system, Practical and organized, Well mannered and even-tempered, Patient
Common management traits.
300
Product, Price, Place, and Promotion
The 4 Ps of marketing
300
Profit Maximization, Satisfactory Profit, Non-Momentary Profit, Hobby/Business, Social Responsibility.
Profit Objectives
300
Expenses that do not change.
Fixed expenses
400
Civil Aviation Authority, national authority which oversees and regulates civil aviation in the UK
The CAA
400
Make decisions based on their own judgements and opinions, without accepting advice or ideas from other team members
Authoritarian Management Style
400
Lowest-earning 20% of the population (little or NO discretionary income)
Mass market (Ranges 21% - 88%)
Third tier (Next ten percent of the range covers from 88% - 98%)
Top 2% (most wealthy or highly specialized)
Aviation Market groups
400
Calculated by examining the point of diminishing returns for the business’s production.
Profit Maximization
400
Short-term cash, Long-term cash, Equity, Employee ownership
The 4 types of money.
500
International Civil Aviation Organization, specialized agency of the United Nations that coordinates the principles and techniques of international air navigation, and fosters the planning and development of international air transport to ensure safe and orderly growth
ICAO
500
Functions as part of the group and in personally involved while actively doing tasks alongside subordinates.
Participative Leadership
500
covers the entire process of identifying customer needs, purchasing or producing goods and services to meet those needs, determining the price and place dispense items, prospecting, promotion, selling
Marketing
500
Concept that businesses have a duty to support the needs of the community
Social Responsibility
500
What Happened here?
Viggo Mortensen broke his toe.