One of the Reasons for the Low Profitability of U

question 51

Multiple Choice

One of the reasons for the low profitability of U.S.airlines during the era of regulation by the Civil Aeronautics Board (CAB) was _____.

• A)the absence of organized labor unions
• B)low airline safety
• C)the scheduling of airline flights to sparsely populated areas
• D)the price ceiling imposed by the CAB

Understand the role of trust in team dynamics and its different bases.

Recognize the process of norm development within teams and strategies for changing norms.

Acknowledge the factors that influence team cohesiveness and its relation to team size.

Appreciate the importance of team-building interventions and their potential drawbacks.

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Definitions:

Competitiveness

The ability of a company, country, or product to compete effectively and successfully in the marketplace.

Residual Income

The income that remains after all required costs of capital and operating expenses have been paid.

Return on Investment

A financial ratio that calculates the profitability of an investment by dividing the profit from the investment by the cost of the investment.

Goal Congruence

The alignment of individual, team, or department goals with the overall objectives of the organization to ensure everyone is working towards the same outcomes.