When Delta Increases Its Average Fares, American Airlines and United

question 74

Multiple Choice

When Delta increases its average fares, American Airlines and United often follow with similar increases. This is an example of

• A)competitor orientation.
• B)customer orientation.
• C)status quo pricing.
• D)adding value.
• E)economy of scale.

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Definitions:

Portrayed

Represented in art or literature.

Media

Channels or tools used to store and deliver information or data to an audience, including digital, print, and broadcast formats.

Intercompany Transfers

Transactions involving the transfer of goods, services, or funds between units, divisions, or subsidiaries within the same parent company or corporate group.

Investment Income

Income generated from the allocation of funds into interest-bearing or dividend-yielding assets.