Southwest Airlines Has Used Multiple Strategies Since Its Inception in 1974.Why

question 47

Multiple Choice

Southwest Airlines has used multiple strategies since its inception in 1974.Why has its current focus on organizational culture been such an effective strategy for the airline?

• A)Southwest's culture is variable and substitutable like the strategies it applies.
• B)Southwest's culture is inspirational so that its employees achieve greater work-life balance.
• C)Southwest's culture is unique,and strategic mimicry by other airlines is not possible.
• D)Southwest's culture is responsible for its low-cost,low-price,no-frills flights strategy.

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Definitions:

Sherman Act

A foundational antitrust law in the United States aimed at promoting competitive markets by prohibiting certain business activities that reduce competition.

Credit Sales

Transactions where goods or services are provided to the buyer with the agreement that payment will be made at a later date.

Sherman Act

A foundational U.S. antitrust law enacted in 1890, aimed at prohibiting monopolistic practices and promoting competitive markets.

Monopoly Power

The exclusive control by one company over the entire supply of goods or services in a particular market.