Please read the attached file case study – Carnival Cruise Lines, and please answer the below questions (please do not copy the same answer in the internet):
1. What specific steps has Carnival Cruise Lines taken to benefit from global social changes?
2. What economic factors influence success of the international cruise industry? Explain how each affects such success.
3. Although most cruise-line passengers are from the United States, the average number of annual vacation days taken by U.S. residents is lower than that of workers in most other high-income countries (13 days, compared to 5 weeks in France and Germany). How might cruise lines increase sales to people outside the United States?
4. What threats exist to the future performance of the cruise-line industry and specifically of Carnival Cruise Lines? If you were in charge of Carnival, how would you (a) try to prevent these threats from becoming reality and (b) deal with them if they were realized?
5. What global forces have contributed to the growth of the cruise-line industry? How have they contributed?
6. Discuss the ethics of cruise lines regarding the avoidance of income taxes while buying ships built with governmental subsidies.
Thank you and have a nice day!