1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
astraxan [27]
3 years ago
10

Joe Sullivan and Mark Holland, members of the top management at EuAir, a European airlines, were preparing for a meeting to disc

uss strategies to combat the recent rise in fuel prices. Before the meeting began, Joe and Mark were discussing how oil prices significantly impact the health of the world economy. Joe spoke of how higher oil prices since 1999, partly the result of OPEC supply management policies, contributed to the global economic downturn in 2000-2001 and have not been stable since. Mark agreed but added that the right kind of strategy could help them overcome this challenge, and that they could even use the situation to hike fares and generate additional revenues. Which of the following statements, if true, would denote the occurrence of groupshift in Mark's opinions during the meeting?
A) Mark proposed that the prices be hiked and additional customer service measures be included so costumers have the best experience flying with EuAir.
B) Mark encouraged the top-management team to consider laying off surplus employees and rightsizing EuAir to enhance its efficiency and lower costs.
C) Mark agreed with Joe's opinion that providing the best service possible, even if it meant incurring a loss in the short run, would be the best strategy.
D) Mark felt that EuAir should suspend some of its less profitable flights in the short run in favor of the routes that have greater demand among consumers.
E) Mark proposed that this was an opportunity for EuAir to use its brand name effectively and diversify into other products and services.
Business
1 answer:
anzhelika [568]3 years ago
3 0
I think the answer is C but i could be wrong if so sorry
You might be interested in
During 2021, its first year of operations, a company provides services on account of $255,000. By the end of 2021, cash collecti
ryzh [129]

Answer:

Dr Bad Debt Expense 16,120

Cr Allowance for Uncollectible Accounts 16,120

Explanation:

Based on the information given we were told that the company provides services of the amount of $255,000 in which the cash collections on the accounts was the amount of $131,000 and 13% of accounts receivable will be uncollectible which means that the adjusting Journal entry for uncollectible accounts on December 31, 2021 will be :

Preparation of the adjusting Journal entry for uncollectible accounts on December 31, 2021.

December 31,2021

Dr Bad Debt Expense 16,120

Cr Allowance for Uncollectible Accounts 16,120

[($255,000-$131,000)*13%]

$124,000*13%

=$16,120

8 0
3 years ago
Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:1'smaller the shortage a price floo
KATRIN_1 [288]

Answer:

Option "3" is the correct answer.

Explanation:

Inelastic demand curve depict when there's no evident increase in demand due to an increase in price.

3 0
3 years ago
Read 2 more answers
Suppose there is a decrease in the price of butter. What do we expect to happen to the demand for bread? Assume that bread and b
dimulka [17.4K]

Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.

<h3>Option (B) is correct</h3>

<u>Explanation:</u>

Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other

If the Price of butter decreases,  it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.

3 0
3 years ago
A bureaucrat who had no hope of advancing professionally still followed every rule, even when it slowed down his work and person
stepladder [879]

Ritualism is the type of deviance that his behavior illustrates.

What is ritualism in deviance?

Ritualism entails rejecting cultural objectives while routinely accepting the methods for accomplishing them. Retreatism entails rejecting both the cultural objectives and the conventional ways of accomplishing them.

What is the concept of strain theory?

According to strain theories, some stresses or strains make crimes more likely. These strains cause unpleasant feelings like annoyance and rage. Crime is one possible response to these feelings, which put pressure on people to take corrective action.

What does the strain theory argue?

According to the Strain Theory, crime happens when there aren't enough possibilities for people to successfully pursue the standard aspirations of a society. There is a "tension" between the objectives and the methods to achieve them in such a setting, and some people turn to crime to succeed.

Learn more about strain theory: brainly.com/question/14311069

#SPJ4

6 0
2 years ago
Manufic, a detergent manufacturer, has announced this year's net income as $832,500. It expects its net earnings to grow at a ra
Sidana [21]

Answer:

$138,1071

Explanation:

Given that

Net income = $832,500

Growth rate = 15 percent

Growth rate = 12 percent

The computation of the net income after four years is shown below:

Net income after four years = Current year net income × (1 + growth rate)^number of years × (1 + growth rate)^number of years

= $832,500 × (1 + 0.15)^2 × (1 + 0.12)^2

= $138,1071

6 0
4 years ago
Other questions:
  • What happens when any market is in disequilibrium and prices are flexible
    12·1 answer
  • "For each of the following scenarios, begin by assuming that all demand factors are set to their original values and that Big Wi
    11·1 answer
  • Action Shoes is a company that manufactures shoes. It has a lot of competitors in the market. However, it only builds its streng
    14·1 answer
  • Mark Weinstein has been working on an advanced technology in laser eye surgery. His technology will be available in the near ter
    10·1 answer
  • A,B,C, or D on 8-10__________
    7·1 answer
  • The consumption function will shift down if:
    7·1 answer
  • When you're planning a convention, which of the following steps would you complete first? A. Select the site. B. Write the invit
    7·1 answer
  • In 2020, Sunland Corporation incurred research and development costs as follows: Materials and equipment $116000 Personnel 13600
    14·1 answer
  • strayer partnered with top employers, business leaders, and recruiters to identify ________ that are critical to performing your
    11·1 answer
  • By definition, empirical probability is equal to:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!