Airlines Have Developed Frequent-Flier Programs to Encourage Passengers to Use

question 39

Multiple Choice

Airlines have developed frequent-flier programs to encourage passengers to use the same airline repeatedly.This marketing strategy is based on

• A)geographic segmentation.
• B)behavioral segmentation.
• C)psychographic segmentation.
• D)demographic segmentation.
• E)buying condition segmentation.

Understand the relationship between circularity tolerance and datums.

Explain the definition and requirements for flatness tolerance.

Describe the limitations of modifying circularity tolerance on an MMC basis.

Differentiate circularity from straightness in the context of geometric dimensioning.

---

Definitions:

Cut the Price

To reduce the selling price of a product or service.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good changes in response to a change in its price.

Close Substitutes

Products or services that can be used in place of one another with little difference in satisfaction for the consumer, leading to a high cross-elasticity of demand.

Supply

The total amount of a good or service that is available for purchase at any given price level.