View the step-by-step solution to:

1. True False U.S.airlines have been highly profitable each year since deregulation. 2. Which of the following is NOT part of Southwest

1.       True   False      U.S.airlines have been highly profitable each year since deregulation.


2.       Which of the following is NOT part of Southwest Airlines'low-cos business strategy?

a.    point-to-point rather than hub and spoke route structure.

b.     using only non-union labor.

c.      flights using less crowded,secondary airports in many cities.

d.    using only one type of aircraft (theBoeing737).


3    The highest categories of costs for U.S.airlines recently have been

a.   commissions,booking fees,and credit card expense

b.  aircraft (includingaircraftrental,depreciationofcompany-ownedaircraft,andmaintenance)

c.    labor and aircraft fuel

d.  insurance


4) 1.       True False In recent years,most major car rental companies have disposed of many oft their cars after 5to10 months by selling them back to the car manufacturers under repurchase agreements.


5)1.      Initsearlydecades,EnterpriseRent-a-Carplannedtosucceedinthecarrentalbusinessby

a.    providingabroadarrayofpremiumcarrentalservicesatrelativelyhighprices.

b.     focusingitseffortsonservingbusinesstravelersatairports.

c.      doinganexcellentjobofservingtheinsurancereplacementcarrentalmarket.

d.    matchingHertz'sandAvis'sservicesbutcharginglowerprices.


6)1.        SinceCongresscreatedAmtrak,thecompany

a.    hasearnedsmallpositiveprofitsinmostyears.

b.     hashadsmalllossesinmostyears.

c.     haslostmoneyeveryyear,totalingabout$30billion.

d.    hasjustaboutbrokeneven(nearzeroprofits)inmostyears.


7) 1.      Whichofthefollowingmodesoftravelisaninferiorgood?

a.    airlinetravel

b.     traintravel

c.      cruiseshiptravel

d.    automobiletravel



Top Answer

Question 1: The answer is False. Government regulation era was full of over prices and barriers to entry and exit. Since the... View the full answer

Sign up to view the full answer

Other Answers

Hi, here is a... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online