Southwest Airlines Is Known for Being the Low-Cost Provider in the U.S.airline

question 93

Essay

Southwest Airlines is known for being the low-cost provider in the U.S.airline industry.What type of macro strategy has Southwest pursued?

---

Definitions:

Statement Of Cash Flows

A firm’s financial statement that summarizes its sources and uses of cash over a specified period.

Accounts Receivable

Unpaid customer accounts for delivered goods or services to a company.

Operating Activities

Activities related to the daily operations of a business, such as selling products, managing costs, and paying employees, as reflected in the company’s cash flow.

Source Of Cash

Any activity or operation that brings money into the organization, increasing its cash availability.