Question

In: Economics

In the airline industry, frequent flyer programs, ticket kiosks, and e-ticketing are all   examples of capabilities...

In the airline industry, frequent flyer programs, ticket kiosks, and e-ticketing are all   examples of capabilities that are:

  1. rare.
  2. hard to copy.
  3. socially complex.
  4. valuable.

Solutions

Expert Solution

Ans.- valuable

Airline companies provide some facilities to its passengers like frequent flyer programs, ticket kiosks, and e-ticketing in order to improve the experience of its passengers. These facilities are valuable but they are not rare.

Rahul Sunny answered 2 years ago
Next > < Previous

Related Solutions

Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline...
Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline or stay at the hotel receive bonuses that are the equivalent to discounts. Give two reasons why these companies have such programs rather than simply offering lower prices. Can you give other examples of such programs? What is a likely reason why firms whose employees receive these benefits do not require their employees to give benefits to the firm?
Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline...
Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline or stay at the hotel receive bonuses that are the equivalent to discounts. Give two reasons why these companies have such programs rather than simply offering lower prices. Can you give other examples of such programs? What is a likely reason why firms whose employees receive these benefits do not require their employees to give benefits to the firm?
4. An airline wants to know the impact of method of redeeming frequent-flyer miles and the...
4. An airline wants to know the impact of method of redeeming frequent-flyer miles and the age group of customers on how the number of miles they redeemed. To do so, they perform a two-way analysis of variance on the data for miles redeemed shown on cells L35 to O43 on the answers sheet. a. Identify the null and alternative hypotheses for each of the two main effects and the interaction. b. Use two-way analysis of variance to test each...
4. An airline wants to know the impact of method of redeeming frequent-flyer miles and the...
4. An airline wants to know the impact of method of redeeming frequent-flyer miles and the age group of customers on how the number of miles they redeemed. To do so, they perform a two-way analysis of variance on the data for miles redeemed shown on cells L35 to O43 on the answers sheet. a. Identify the null and alternative hypotheses for each of the two main effects and the interaction. b. Use two-way analysis of variance to test each...
An airline is planning on making changes to its Frequent Flyer program. Before implementing them, they...
An airline is planning on making changes to its Frequent Flyer program. Before implementing them, they want to know what their customers think about the changes. They plan to sample a portion of their customers who are members of their Frequent Flyer program. They have two lists: One sorted by what level of frequent flyer the customer is: Gold (15 or more flights a year; about 15% of customers), Silver (5 to 14 flights a year; about 25% of customers);...
Read the following and then thoughtfully discuss the questions. Often airline frequent flier programs upgrade high...
Read the following and then thoughtfully discuss the questions. Often airline frequent flier programs upgrade high volume passengers one, three, or five days in advance. What are the differential costs of this practice? What are the opportunity costs? What are the opportunity costs of not doing this? Would it be wise to sell a seat to a passenger walking up to the gate at the last minute a ticket based on the variable cost? Why or why not?
How do competing airline carrier fares compare?  A frequent flyer investigated round-trip fares for non-stop travel from...
How do competing airline carrier fares compare?  A frequent flyer investigated round-trip fares for non-stop travel from Philadelphia to 10 different U.S. destinations on Southwest Airlines and US Airways. The following data was collected: Southwest Fare ($) US Airways Fare ($) 706 706 718 674 980 980 1078 1284 654 654 820 748 820 728 832 822 1114 1918 1138 1918 a.  At the .05 level of significance, is there evidence of a difference in the mean round-trip fare between Southwest Airlines...
16)Employee stock ownership programs, employee stock purchase program and profit sharing are all examples of group...
16)Employee stock ownership programs, employee stock purchase program and profit sharing are all examples of group incentives. What is the most likely reason that firms are implementing group incentive plans? a)       Rising cost of health benefits b)      Expected loss of older workers c)       Heavy reliance on teams to manage work d)      None of the above ) Which of the following statements about health insurance and Cobra is true? a)      Cobra requires employers to permit employees to extend health insurance...
Which is least appropriate type of transaction for a real-time system. a. airline reservations. b. payroll. c. point-of-sale transactions. d. air traffic control systems. e. all of these applications typically utilize real time processing.
Which is least appropriate type of transaction for a real-time system. a. airline reservations.b. payroll.c. point-of-sale transactions.d. air traffic control systems.e. all of these applications typically utilize real time processing.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT