Following the Commencement of Deregulation of US Airline Industry in the 1970s

question 39

Multiple Choice

Following the commencement of deregulation of US airline industry in the 1970s, reduced airfares saved consumers billions of dollar a year however, the more recent string of airline mergers has

• A) government safety regulators increasing employment opportunities for safety inspectors every year.
• B) doubled the number of high-paying jobs in the airline industry year after year.
• C) raised new concerns over how competition in the industry can once again be strengthened.
• D) encouraged deregulators to push further and consider industries where deregulation needs are not obvious.

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Definitions:

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization.

Accounting

Process of measuring, interpreting, and communicating financial information to support internal and external business decision making.

Risk-Return Trade-Off

The principle that potential return rises with an increase in risk, describing the balance between the desire for the lowest possible risk and the highest possible returns.