Most Airline Frequent Flyer Programs Reward the Most Frequent Flyers

question 25

Multiple Choice

Most airline frequent flyer programs reward the most frequent flyers with business class upgrades and flight lounge privileges.Airlines are using these rewards as a means of implementing _____ segmentation.

• A) lifestyle
• B) motive
• C) usage-rate
• D) demographic
• E) personality

Identify the roles and responsibilities of parties involved in negotiable instruments (drawer, maker, endorser, acceptor).

Recognize the implications and procedures when a negotiable instrument is dishonored.

Comprehend what constitutes a commercially reasonable manner for giving notice of dishonor.

Distinguish between primary and secondary liability in the context of negotiable instruments.

---

Definitions:

Payout Ratio

A financial metric that measures the proportion of earnings a company pays to its shareholders in the form of dividends, typically expressed as a percentage.

Retained Earnings

Retained earnings refer to the cumulative amount of net income a company retains, rather than distributing it to shareholders as dividends.

Net Income

The remainder of a company's total revenue after deducting taxes, expenses, and any other costs.

Shareholders' Equity

The portion of the company's assets that belongs to the shareholders after all liabilities have been subtracted.