Why are entry barriers in the U.S. airline industry relatively low?
What will be an ideal response?
Entry barriers in the U.S. airline industry are relatively low, resulting in a number of new airlines popping up. To enter the industry (on a small scale, serving a few select cities), a prospective new entrant needs only a couple of airplanes (which can be rented), a few pilots and crew members, some routes connecting city pairs, and gate access in airports.
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______ decisions are generally made by following company policies and guidelines that have been put in place to deal with specific issues.
What will be an ideal response?
The buying process starts with ________, in which the buyer recognizes a need or want
A) problem/opportunity recognition B) information search C) product awareness D) product interest E) evaluation of alternatives
Describe how organizational roles impact employee stress levels and job performance.
What will be an ideal response?
The following trend projection is used to predict quarterly demand: y-hat = 250 - 2.5x, where x = 1 in the first quarter
Seasonal (quarterly) indices are Quarter 1 = 1.5; Quarter 2 = 0.8; Quarter 3 = 1.1; and Quarter 4 = 0.6. What is the seasonally adjusted forecast for the next four quarters?