This Question Refers to the Payoff Matrix Below Where Profits $\text { United }$

question 29

Essay

This question refers to the payoff matrix below where profits for United Airlines and American airlines are shown for alternative pricing strategies. The airlines can either hold prices where they are or engage in price cutting activity.


                                  $\text { United }$
$\begin{array}{l}\begin{array} { l } \\\text {American} & \text { hold rates}\\\\ & \text { cut rates}\end{array}\begin{array} { l } \hline \text { hold rates } & \text { cut rates } \\\hline \mathrm{U}=100 & \mathrm{U}=160 \\\mathrm{~A}=100 & \mathrm{~A}=60 \\\hline \mathrm{U}=80 & \mathrm{U}=70 \\\mathrm{~A}=150 & \mathrm{~A}=70\end{array}\end{array}$
Does either airline have a dominant strategy? If so, what is it?

Assess the role of formal and informal structures in organisational design and management.

Evaluate the trends and shifts in organisational design choices, including centralisation, decentralisation, and the reduction of management levels.

Compare and contrast functional, divisional, and matrix structures, including their contexts of use.

Understand the organising function in management and its relationship with other management functions.

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Definitions:

Singlet

A term used in spectroscopy to describe an energy state of an atom or molecule where all electron spins are paired, resulting in zero net magnetic spin.

NMR

A powerful technique for determining the physical and chemical properties of atoms by studying their magnetic properties related to nuclear spin.

Triplet

A term used in quantum mechanics and spectroscopy to describe a system or state with three closely related energy levels or components.

Multiplet

In spectroscopy, refers to a pattern of two or more peaks that are closely spaced in the spectrum, indicating the presence of equivalent or similar atomic environments.