By Using Significant Standardization in the Use of Aircrafts and by Streamlining

question 58

Multiple Choice

By using significant standardization in the use of aircrafts and by streamlining its operations,Southwest Airlines competes by offering its' flights at a lower price than the competition.According to Michael Porter,the strategy that Southwest Airlines is using is

• A)low- cost.
• B)differentiation.
• C)value transfer.
• D)efficiency frontier.
• E)diversification.

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Definitions:

Enforcement Mechanism

Procedures or methods used to ensure compliance with laws, regulations, or agreements, often involving legal or administrative actions.

Safety Inspections

The examination of facilities, equipment, or processes to ensure they comply with safety standards and regulations, aiming to prevent accidents and injuries.

Health Inspectors

Officials responsible for ensuring compliance with public health regulations and standards, especially in food establishments, housing, and workplaces.

Closed Shop

A labor arrangement whereby all employees must be members of a specific union before being hired, typically agreed upon through union and employer negotiations.