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. a. Give two reasons why these companies have such programs rather than simply offering lower prices. b. Can you give other examples of such programs? c. What is a likely reason why firms whose employees receive these benefits do not require their employees to give the benefits to the firm?
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Business, 22.06.2019 05:50
Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:
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Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
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Business, 23.06.2019 00:20
Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
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Airlines and hotels have many frequent flyer and frequent visitor programs in which individuals who...
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