Answer:
Assuming that the elimination of frequent-flyer programs would have enabled the airlines to earn higher profits and remain in business, then it would be a purely good idea for the airlines to eliminate their frequent-flyer programs.
The big question is, how much did the frequent-flyer programs cost the airlines? Would the cost-savings be sufficient to eliminate their bankruptcies? It is a known-fact that the airlines that create such programs always recover the program costs by charging higher fares.
Explanation:
The issue of airlines going bankruptcy does not seem to stem from customer-loyalty programs like the frequent-flyer programs. The root cause lies in operational and other costs that airline managements have not been able to control.
Answer:
Electronic Commerce. E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet. E-commerce is also known as electronic commerce or internet commerce. ... Online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites.
Explanation:
Answer:
2000 units
Explanation:
We apply the contribution margin concept in solving this.
The selling price is $5
The $1000 overhead cost represents fixed costs.
The $2.50 material cost is the variable cost.
The salary of $4000 is like profits.
Bob has to sell x items to meet the break-even and attain $4000
Break-even = Fixed cost/ contribution margin per unit
fixed cost =$1000
contribution margin = Selling price - variable cost
=$5 -$ 2.50
=$2.50
break-even in units = $1000/2.50
=400 units
To achievea $ 4000 salary , Bob has to sell 400 units + $4000/2.50
=400 unit +1600 units
=2000 units
