What is the situation as it relates to financing and operation of air terminals or airports? How does this relate to other carriers?
The air carriers' terminals (airports) are financed by a government entity. The carriers pay for the use of the airport through landing fees, rent and lease payments for space, taxes on fuel, and aircraft registration taxes. In addition, users pay a tax on airline tickets and air freight charges. Terminal charges are becoming increasingly more commonplace for passenger traffic. Table 5.4 summarizes the various types of taxes paid by carriers, shippers, and passengers in the airline industry.
The growth and development of air transportation is dependent upon adequate airport facilities. Therefore, to ensure the viability of air transportation, the federal government has the responsibility of financially assisting the states in the construction of airport facilities. The various state and local governments assume the responsibility for operating and maintaining the airports.
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"Is the proposed action legal? If yes, does the proposed action maximize shareholder value? If yes, is the proposed action ethical? If no, would it be ethical to take the proposed action?" These four questions, which managers of all organizations should ask when confronted with a decision on an action, form the basis of
A. Maslow's hierarchy of needs. B. the stakeholder's value statement. C. Frank Gilbreth's code of ethical conduct. D. Bagley's ethical decision tree. E. the Sarbanes-Oxley Act of 2002.
The tactic of overbooking or overselling the available asset is suitable in any situation where customers are able to cancel orders and the value of the asset drops significantly after a deadline
Indicate whether the statement is true or false.
Which of the following methods is used by companies for monitoring and controlling forecasts?
a. tracking signals b. trend charts c. seasonal indices d. control signals
Companies that find violations must self-report them to the EPA within 30 days in order to enjoy favorable treatment for voluntary disclosures
Indicate whether the statement is true or false