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ki77a [65]
3 years ago
10

During the 1990s, several airlines were on the brink of bankruptcy. These same airlines were giving away millions of dollars in

free airline travel through their frequent-flyer programs. Do you think it would have been a good idea for these airlines to eliminate their frequent-flyer programs in order to earn higher profits?
Business
1 answer:
lara [203]3 years ago
4 0

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.

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At Abendreg, a multinational law firm, only English-speaking trainers are given the opportunity to impart training to employees
geniusboy [140]

Answer:

Adverse impact

Explanation:

Adverse impact is the unpleasant effect of a bias segmentation of a particular group during selection procedures such as employment, hiring, training, layoff or appraisal processes. Adverse impact in a work place processes may give rise to discrimination directed to a particular group base on a given attributes such as qualifications, ability, age, gender etc.

In this question, the company has most of its branches in English-speaking countries hence they only gave preferences to English-speaking trainers to impart training to employees in different countries

7 0
3 years ago
Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a
Virty [35]

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where

D. marginal revenue equals marginal cost

Explanation:

  • Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
  • D. marginal revenue equals marginal cost
  • In business, the production is done at the level where marginal revenue is equals to marginal cost to maximize the output.
  • When the marginal revenue is greater than the marginal cost, it pays you more.
  • Each unit added which is sold will add more to revenue than to costs.
  • Marginal cost is the cost which occurs due to the increase in cost a company incurs by producing one extra unit of goods or services.

3 0
3 years ago
If an item tends to be very expensive to repair, how might that affect your decision to purchase a warranty for it?
Musya8 [376]
You may decide to purchase a warranty because that will be way cheaper than paying to get it repaired a lot of times
3 0
3 years ago
Read 2 more answers
Gaming the gamers case study answers
UNO [17]
Huh? What does that mean
3 0
1 year ago
An investment of $9,875 earns 4.8% interest compounded monthly over 12 years. Approximately how much interest is earned on the i
Sladkaya [172]

Answer:

Option (c)  $7,672

Explanation:

Data provided in the question:

Investment amount i.e principle = $9,875

Interest rate,r = 4.8%

Time, t = 12 years

Now,

Future value = Principle ×\left( 1 + \frac{r}{n} \right)^{\Large{n \cdot t}}

n = number of times compounded per year

Future value == 9875\times\left( 1 + \frac{ 0.048 }{ 12 }\right)^{\Large{ 12 \cdot 12 }}

Future value =9875\times{ 1.004 } ^ { 144 }

Future value =9875\times1.776866

Future value = $17,546.55

Also,

Future value = Principle + Interest

Therefore,

$17,546.55 = $9,875 + Interest

or

Interest = $17,546.55 - $9,875

= 7671.55 ≈ $7,672

Hence,

Option (c)  $7,672

3 0
3 years ago
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