Which of the Following Is NOT an Example of a Key

question 25

Multiple Choice

Which of the following is NOT an example of a key success factor in an airline firm?

• A) An information system that allows the airline to better match demand and flight frequency.
• B) The ability to work well with their employees and unions to generate maximum efficiency.
• C) The capability of designing the best uniform for its employees.
• D) The organizational routines to turn planes around faster.

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Definitions:

Insurance

A monetary service that offers coverage against possible future harms or losses in return for a premium payment.

Adverse Selection

Adverse selection is a situation in financial markets where there is asymmetric information leading buyers or sellers to make decisions that can result in the market becoming skewed or unbalanced, often seen in insurance markets.

Insurance

A contract represented by a policy, where an individual or entity receives financial protection or reimbursement against losses from an insurance company.

Risk Averse

A description of an individual's or entity's preference to avoid risk, often by choosing options with certain outcomes over those with higher degrees of uncertainty.