Scenario 2

question 117

Multiple Choice

Scenario 2.1 Use the following to answer the questions.
Southwest Airlines has a history of being able to retain its employees due to the atmosphere and culture of the company. Employees have been known to dress up in costume on an airplane, engage in "games" with the passengers, and generally provide a fun atmosphere for traveling. While other airlines have low rates of customer satisfaction, Southwest tends to maintain a high rating with its customers. Recent gas price hikes have caused most airlines to charge for checked luggage and to fill every flight to its maximum, adding to the negative experience of airline travel. Southwest keeps its costs low through several methods, one being that they do not serve meals on flights, or provide pre-boarding passes. The typical flight is two hours or less and occurs between several selected cities rather than flying to practically anywhere in the country. Southwest is known for its low fares, its dependability, and its on-time flights.
Refer to Scenario 2.1. Southwest's low fares, dependability, and its on-time flights represent its

• A) competitive advantage
• B) marketing opportunity
• C) marketing plan
• D) marketing objectives
• E) total quality management

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Definitions:

Contractor

An individual or company that enters into a contract to perform services or provide goods for another party in exchange for compensation.

Subcontractors

Specialized professionals or companies hired by the main contractor to perform specific tasks as part of a larger project.

Secured Interest

A legal claim or lien on assets or collateral, given to lenders as security for a loan or obligation.

Creditor

A creditor is an entity or person that lends money or extends credit to another party, known as the debtor.