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Agata [3.3K]
3 years ago
15

As a New York businessperson who does a lot of flying, you are keenly aware of even small changes in airfare from New York to Ch

icago. You have flown this route long enough to know that each airline is essentially a perfect substitute for the others. You notice that every time the largest airline changes the price, smaller airlines follow, but the smaller airlines are always priced slightly below the fare of the largest airline. This industry could best be described as one with:
Business
1 answer:
Lelechka [254]3 years ago
7 0

Answer:

Price leadership.

Explanation:

Based on the information provided within the question it can be said that this industry could best be described as one with Price leadership. This refers to an industry in which the dominant company sets the prices in that market and the other companies in that market follow the price that has already been set. Which is exactly the case in this scenario as the other smaller companies adjust their prices according to the price set by the largest airline.

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Which of the following describes a circumstance in which a large, multinational indirect exporter would be better than a smaller
Nataly [62]

Answer:

A. A large, well-established company wants to get its products into several markets at once.

Explanation:

A multinational indirect exporter is ideal to reach foreign markets with a low level of risk as they already have contacts that might help with the distribution and logistics.

8 0
4 years ago
________ occurs when a product's performance is below expectations and the consumer is dissatisfied. Group of answer choices A.P
Stella [2.4K]

Answer:

B.

Explanation:

Negative disconfirmation of expectations occurs when a product's performance is below expectations and the consumer is dissatisfied. This can occur for a large number of reasons , including wrong target market, beter competition, and even bad pricing strategy or some of the many possible reasons. This disconfirmation is negative, which is posited to decrease post-purchase or post-adoption satisfaction

6 0
3 years ago
Arrange the types of investments in the correct order from the least risky to the most risky investment.
Anarel [89]

Bonds will be the least risky since there is no risk involved at all. Bonds give out guaranteed payments and A rated bonds will be even more secure.

The next would be property. Since property is a physical asset, the risk involved is relatively lower than stocks.

The next would be retirement plans which would typically have bonds and stocks.

The most risky would be speculative stocks.

The order from least risky to most risky would be:

1. A rated bonds

2. Property

3. Retirement plans

4. Speculative stocks


3 0
3 years ago
Kenneth, a food blogger, is paid a handsome fee by a new restaurant to write an article about it. The assignment came with a rid
Lina20 [59]

Answer:

Sense of independence

Explanation:

Basically Kenneth is writing a draft and signing it. The client, will probably change some (if not most) of Kenneth's article, specially any part where Kenneth might criticize the restaurant's service or exaggerate any good service provided by the restaurant. The content of the article itself will be determined by the client.

Kenneth should be independent and impartial when writing an article critique, since writing what the restaurant wants is simply advertising. Sadly this is very common on certain industries, that is why all the movies are excellent or the best of all times, no matter how bad they are.  

8 0
3 years ago
How do changes in the environment affect businesses and thus consumers?
fiasKO [112]

Answer:

If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.  

8 0
2 years ago
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