Even Though They Operate from Out-Of-The-Way Airports and Offer Few

question 138

Multiple Choice

Even though they operate from out-of-the-way airports and offer few extra services,discount,no-frill airlines like Ryanair and EasyJet have been successful.Consumers obviously consider

• A) the extra services offered by these airlines to be the most thorough in the industry.
• B) the long-term relationships established by these airlines to be a critical benefit.
• C) the prices to be slightly lower, but not low enough to have much influence.
• D) the benefit of lower prices to be greater than the cost of reduced services and less convenience.
• E) the major airlines to be worthless.

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Definitions:

Uniform Partnership Act

A model law enacted to standardize the law of business partnerships across the United States, governing the formation, operation, and dissolution of partnerships.

Profit-Making Motive

The intention and desire to conduct activities that result in financial gain or profit.

Non-Profit Partnerships

Collaborations between organizations that operate without the primary goal of making a profit, often seeking to achieve social, educational, or charitable objectives.

Written Agreement

A contract or agreement that is recorded in writing and signed by the parties involved.