When an Airline Uses Profits from One Region to Lower

question 64

Multiple Choice

When an airline uses profits from one region to lower prices in another region it is using

• A) alignment.
• B) synergy.
• C) scope.
• D) resource deployment.
• E) entropy.

Recognize the reasons why improvements in non-financial performance do not always translate into profitability.

Comprehend different benchmarking strategies and their limitations.

Understand the general perspectives considered in the balanced scorecard for different types of businesses.

Define the concept and importance of set-up time in production.

---

Definitions:

Confidence

The feeling or belief in one's abilities, qualities, or the reliability of something or someone.

Actual Value

The real, measured value of an object, property, or financial instrument, as opposed to its estimated or anticipated value.

Variable Allowances

Adjustments in time estimates or costs to accommodate changes in work conditions or processes.

Normal Time

The standard duration that a task or activity is expected to take under normal working conditions.