By Standardizing Equipment and Streamlining Its Operations, PinPoint Airlines Competes

question 73

Multiple Choice

By standardizing equipment and streamlining its operations, PinPoint Airlines competes by offering less expensive flights than the competition. According to Michael Porter, the strategy that PinPoint Airlines is using is

• A) low-cost.
• B) differentiation.
• C) value transfer.
• D) efficiency frontier.
• E) diversification.

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Definitions:

Depressant

A class of drugs that reduce the functioning of the nervous system and lead to decreased arousal or stimulation.

Stimulant

A substance that raises levels of physiological or nervous activity in the body, often leading to increased alertness or energy.

Neurotransmitters

Neurotransmitters are chemical messengers that transmit signals across a synapse from one neuron to another, influencing mental processes and behavior.

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that plays a key role in regulating nerve excitability and is involved in producing a calming effect.