Many Airlines Now Sell Tickets Almost Exclusively Through Online Third-Party

question 104

Multiple Choice

Many airlines now sell tickets almost exclusively through online third-party vendors. This is an example of a ________ strategy.

• A) distribution
• B) return on marketing investment
• C) marketing control
• D) product
• E) promotional

Analyze the effects of government intervention in the market, including taxation, price controls, and subsidies.

Evaluate the consequences of trade restrictions and outsourcing on economic wealth.

Identify the role of price mechanisms (ceilings and floors) in the economy.

Discern the principles behind the allocation of resources in creating or destroying wealth.

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Definitions:

Wrongful Dismissal

The termination of an employee's contract of employment in violation of the law or the terms of the contract itself.

Severance Pay

Financial compensation awarded to an employee upon termination of employment, typically based on length of service or contractual agreement.

Constructive Dismissal

Unilaterally demoting or changing the duties of an employee, contrary to what was agreed to in the employment contract; conduct that essentially terminates a pre-existing contractual relationship, which could be treated as dismissal.

Employment Law

The branch of law that deals with the rights and duties between employers and workers.