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John and Jenny Have Been Saving for Two Years to Take

question 61

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John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld.They are surprised to find out that airline tickets are far more expensive than they had anticipated.They decide to try to find cheaper tickets on Priceline,where they are allowed to set their own price they are willing to pay for the airline tickets.What form of ebusiness model are John and Jenny using?


Definitions:

Procedural Justice

The perceived fairness of the processes and methods used to make decisions and resolve disputes.

Decision-Making Process

A systematic approach involving the identification of a decision to be made, gathering information, assessing alternative resolutions, and choosing among them.

Diversity

The inclusion of individuals with a variety of characteristics, such as cultural background, ethnicity, gender, and skills, within a group or organization.

Multicultural Workforce

A labor force comprising employees from various cultural backgrounds, enhancing diversity in the workplace.

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