One Reason Why Airlines Charge Business Travelers and Leisure Travelers

question 239

Multiple Choice

One reason why airlines charge business travelers and leisure travelers different prices is

• A)business travelers fly according to schedules that are planned months in advance. Many leisure travelers buy their tickets at the last minute.
• B)business travelers usually travel alone. Leisure travelers often fly with friends and family members; therefore, they have a more inelastic demand for airline tickets than business travelers.
• C)business travelers fly more often than most leisure travelers. As a result, their employers are able to bargain with airlines for lower fares than leisure travelers pay.
• D)business travelers often have inflexible schedules and have to travel on a particular day. The opposite is true for leisure travelers.

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Definitions:

Dysfunctional Conflict

Conflicts that lead to a decline in communication or performance within a group, often resulting in negative consequences for the organization or team.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, often in a more conservative or riskier direction.

Production Blocking

A phenomenon where group members have to wait on each other before they can propose their ideas, leading to a slowdown in the creative process.

Delphi Method

A structured communication technique, often used in forecasting and decision making, that relies on a panel of experts answering questionnaires in two or more rounds.