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Low Cost Carrier,Tiger Airlines,controlled Some 5 Per Cent of the Market

question 34

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Low cost carrier,Tiger Airlines,controlled some 5 per cent of the market when the Civil Aviation Authority ordered its suspension amid safety concerns.Although executives at QANTAS and Virgin Australia felt certain that they would pick up extra demand as a consequence of Tiger's closure,most customers who would normally have travelled with Tiger elected to forgo travel entirely rather than fly with one of the premium airlines.The segment's reluctance to switch airlines should be interpreted as an indication of its price sensitivity.


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Ability To Bond

An individual's capacity to form and maintain emotional connections with others.

Agreeableness

A personality trait characterized by qualities of being kind, sympathetic, cooperative, warm, and considerate towards others.

Self-Enhancement

The tendency to describe or present oneself using positive or flattering attributes often for personal gain or increased self-esteem.

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Refers to the legacy of physical artifacts and intangible attributes of a group or society passed down from previous generations.

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