Prices for airline tickets change hourly. this would suggest that airline ticket prices are:________

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Answer 1

Because the pricing for airline tickets change hourly, this would suggest that airline ticket prices are relatively flexible.

What is a flexible pricing?

This refers to the practice of pricing a product/service by negotiations between buyers and sellers within a certain range. This is one of many pricing strategies used by management to stimulate demand.

If the flexible pricing are used rightly, the companies are able to sell their products with a higher price than originally, hence, the flexible price policy is a standard practice within most Revenue Management strategies.

Therefore, as the pricing for airline tickets change hourly, this would suggest that airline ticket prices are relatively flexible.

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Related Questions

A process has a total measure of productivity of 1.26 and output of 15,000. what are the total inputs?

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A process has a total measure of productivity of 1.26 and output of 15,000. then the Total Inputs is 11905

What do you mean Productivity?

Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is frequently represented as a ratio of an aggregate output to a single or aggregate input employed in a manufacturing process, i.e. output per input unit, often over a predetermined time frame.

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Individuals at the lower levels of an organizational hierarchy can often best see solutions because they?

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Individuals at the lower levels of an organizational hierarchy can often best see solutions because they direct contacts with the manufacturing of products

What is organizational hierarchy?

The authority-based membership hierarchy is the arrangement of members. From entry-level employees to top managers or executives are included in this hierarchy. Organizational hierarchies often have several levels, with employees in higher positions having more authority. For instance, the chief executive officer (CEO) of a firm is ordinarily the most senior person in the organization's structure. If you are in a leadership position at your company, consider rearranging the hierarchy to better suit the way that information is communicated and reported. If not, find out what kind of hierarchy is used by your company to see where you belong in.

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Nonpersonal promotional communication about goods, services, or ideas that is paid for by the organization identified in the communication is known as:_____.

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Advertising is nonpersonal, commercial communication about a company's products, services, or viewpoints that is financed by the entity .

The required details for Advertising in the given paragraph

Advertising is a way to interact with customers of a good or service. According to the Advertising Association of the UK, advertisements are paid-for messages that are sent with the intention of informing or influencing the recipients.

What makes advertising so crucial?

Because it can spur business expansion, advertising is significant. Your small business marketing efforts will be amplified through advertising, which also helps you reach the correct demographic with positive, focused content that turns prospective customers into paying clients.

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The pressures that industry suppliers can exert on an industry's profit potential, is also called the?

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The pressure suppliers may put on firms by rising prices, deteriorating quality, or restricting availability of their products is referred to as supplier power in Porter's five forces model.

What exactly is competitive conflict?

Competitive rivalry is a gauge of how fiercely existing companies compete with one another. Intense competition can reduce earnings and force businesses to take action to be competitive, such as lowering prices, spending more on advertising, or investing in new services and products.

What is determined by Porter's five forces model?

Understanding the strength of an organization's existing competitive position as well as the strength of a position that an organisation may attempt to move into is helpful.

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The utilization of a use that does not comply with local zoning for a particular parcel is known as what...?

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The utilization of a use that does not comply with local zoning for a particular parcel is known as Non-conforming Use.

What is Non-conforming Use?

When local governments alter zoning laws and grant exclusions to the existing property, the situation is referred to as a nonconforming use. Zoning is a crucial tool used by city officials, but frequently, new zoning regulations would not be accepted and would wreak havoc on specific people if they applied to the already-existing property. Without nonconforming use, a company might have to shut down entirely if its entire location is rezoned for residential use. City governments incorporate nonconforming use clauses into zoning laws that provide some exemptions for real estate constructed prior to the restrictions in order to avoid this situation.

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When phenomenological researcher record their thoughts and reactions to the research process, participant responses, and participants non-verbals, they are engaging in what is best known as:______.

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Observations are what phenomenological researchers do when they write down their feelings and emotions about the study process, participant replies, and participant non-verbals.

Phenomenology is the have a look at of experience from the attitude of the man or woman, "bracketing" presumptions that are commonly widespread and traditional strategies of experiencing. The perception gained from an objectifying third-man or woman perspective is not so good as observation from a phenomenological attitude. as a substitute, one pays interest to someone's physiological manifestations of his or her subjective revel in, including his or her desires, intentions, or emotions, via remark.

Researchers that utilize phenomenological have a look at design adopt the assumption that people interpret their experiences in phrases of a not unusual structure or essence. For the reason of elucidating the essence of the event underneath inquiry, they interpret the contributors' emotions, perceptions, and ideals.

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The goal of a strategic position is to create the largest gap possible between the?

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The goal of a strategic position is to create the largest gap possible between  the cost required to create these offerings and the value that a firm creates through its offerings.

Strategic Positioning

The relative position of a corporation within its industry is important for performance. Strategic positioning reflects decisions a firm makes about the type of value it will generate and how it will create that value differently than competitors. Strategic positioning should result in either a higher pricing or lower costs for the company.

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Savings by _____ in small dollar amounts is the origin of much of the money that funds business loans in an economy.

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Savings by households in small dollar amounts is the origin of much of the money that funds business loans in an economy.

What is a business loan?

An agreement between a lender and a borrower whereby the lender lends money to the borrower's business, which then repays the lender with interest in accordance with the terms of the loan.

The four pillars of the majority of business loan applications are credit scores, annual income, company plans, and collateral. But keep in mind that you'll need a lot more proof of your qualifications to get a company loan. You may need your driver's license among others.

Without a strong personal credit score (beginning at 700) and a steady stream of revenue from your company, it might be difficult to be approved for a small business loan. These are a few typical explanations for your business loan application being rejected.

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In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this is to __________ the brand.

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In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this is to reposition the brand.

This is further explained below.

What are high-end brands?

Generally, It's possible that some high-end businesses may try to appeal to a wider variety of consumers while the economy continues to struggle as a whole.

Repositioning the brand is one approach that may be used in this direction.

In conclusion, The highest-end versions of things, particularly electronic ones, often come with the highest price tags.

 

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Which section of the project management plan provides the planned cost of deliverables?

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Budget section of the project management plan provides the planned cost of deliverables

An expenditure plan for your firm based on your revenue and costs is called a business budget. It determines your available cash, calculates your expenses, and aids in income forecasting. A budget may aid in the planning of your business operations and serve as a benchmark for the establishment of financial objectives.

Surplus Budget, Balanced Budget, and Deficit Budget are the three categories of yearly government budgets based on estimates.

Which 5 fundamental components make up a budget?Fixed spending, variable expenses, discretionary expenses, and personal financial goals are the same for all simple budgets. A person can make a straightforward monthly budget by combining these fundamental elements of a budget.

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A project under strict terms and conditions to produce project deliverables on time or suffer late penalties is an example of a:_____.
a. commercial risk.
b. technical risk.
c. legal risk.
d. execution risk.

Answers

A project with rigorous deadlines and penalties for late submission of deliverables is an example of a D. execution risk.

What is a project?

A project is a group of tasks that must be completed in order to accomplish a specific objective. An alternate way to define a project is as a group of inputs and outputs required to achieve a particular goal. Projects might be basic or complex, overseen by one person or one hundred.

Unlike traditional risk analysis, execution risk analysis concentrates on the project or portfolio's execution stage. Instead of comparing the return on investment to project risks, you are now examining the hiccups, or banana peels, that might occur once the project is live.

The area present risk in the execution of a strategy is the failure to properly translate the strategy's high-level goals into the precise steps that the organization needs.

Last but not least, a project with rigorous deadlines and penalties for late delivery of deliverables is an illustration of an execution risk.

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Damien used a carefully crafted username to give himself access to the entire database of a poorly-secured business. damien most likely used a technique called:_________

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The answer is :- SQL injection.

Damien gained access to the whole database of a company with lax security by carefully crafting his username. damien most likely used a technique called: SQL injection.

What is SQL injection?

Malicious SQL statements are placed into entry fields for execution using the code injection technique known as "SQL injection" to attack data-driven systems (For instance, to expose the attacker to the database's contents.) SQL injection must take advantage of a security flaw in the software of an application, such as when user input is either not strongly typed and executed unexpectedly or when user input is erroneously checked for string literal escape characters embedded in SQL statements. Although SQL injection is mostly known as a website attack vector, it may be used to target any kind of SQL database.

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Implementing the strategy is often overlooked by senior managers especially in large organizations. What level of manager is often responsible for making sure the strategy gets implemented in alignment with the corporate goals?.

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Functional managers are level of manager is often responsible for making sure the strategy gets implemented in alignment with the corporate goals.

What are the responsibility of functional manager ?

In general, a functional manager oversees the technical work of team members from that functional area who are performing on the project. They manage and own the resources during a particular department, like IT, engineering, PR , or marketing. decisions regarding the long-term allocation of a company's financial resources to activities.

Capital budgeting is that the process a business employs to evaluate potential large projects or investments. Capital budgeting is required before a project is approved or rejected. Such initiatives can involve building a replacement facility or making a size able investment in a different company.

Capital assets are often long-term investments like new equipment, structures, and software updates, whether or not they represent a very small portion of a company's total assets.

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You notice that juice is now selling for much higher prices than in the past. which two things would you expect to happen next?

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When there is a condition that juice is being sold for much higher prices than in the past, one can expect lowered demand and increased supply for juice to happen next.

What is the significance of a demand?

A demand is a phenomenon which has an indirect relationship with the price of such product. Thus, when price of a product, such as juice, increases, its demand naturally decreases with an increase in the supply of the juice. There may also be a shift in the demand for alternatives to juice being increased.

Therefore, the significance regarding demand has been aforementioned.

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Goods can be categorized into durable, nondurable, consumer, and capital goods.



True or false

Answers

true should be the way to go do you need an explanation also?

Answer:  true

Explanation:

To reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a court would likely review this ordinance under the principles of:____________

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To reduce traffic, market town enacts an ordinance that permits only a few specific street vendors to function in certain areas. a court would likely review this ordinance under the principles equal protection.

What is principle equal protection?

The concept of equal protection states that no one should be denied the same level of protection from a government's laws. A person must be treated equally by the state's governing authority to others who are in comparable situations. Advocates have used the Equal Protection Clause, which mandates that states treat their residents equally, to challenge discriminatory laws, policies, and governmental acts.

Equal protection compels a state to govern impartially rather than making distinctions between people based purely on characteristics that are unrelated to a justifiable governmental goal. Therefore, the equal protection provision is essential for upholding civil rights. The goal of equal protection was to compel states to govern impartially and refrain from making disparities between people based on features that are immaterial to achieving governmental goals. In order to guarantee civil rights, the equal protection provision was essential.

Hence,  To reduce traffic, market town enacts an ordinance that permits only a few specific street vendors to function in certain areas. a court would likely review this ordinance under the principles equal protection.

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A process which one company studies the processes of another company for best practices is known as:__________

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The answer is:- benchmarking.

A process which one company studies the processes of another company for best practices is known as benchmarking.

Why Use Benchmarks?

An investment manager, mutual fund, or security's performance can be gauged using a benchmark. The most common stock and bond indexes used for this are broad market and market-segment indexes. A Sigma Six black belt has that as a component.

Benchmarks are indices that were built to contain a number of securities that each represent a certain market segment. All different kinds of asset classes have benchmark indices available. The Dow Jones Industrial Average and the S&P 500 are two of the most widely used large-cap stock benchmarks in the equities market. Setting and identifying a benchmark can be a critical component of investing for individual investors. Additionally to conventional benchmarks covering general market traits like large-cap, mid-cap, small-cap, growth, and value.

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Sales of blank______ began to increase in the early 1970s as many cigarette smokers apparently began to look for alternatives that would reduce the risk of lung cancer.

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Sales of Smokeless tobacco products began to increase in the early 1970s as many cigarette smokers apparently began to look for alternatives that would reduce the risk of lung cancer.

How smoking cigarettes can cause lung cancer?

According to research, smoking results in cell alterations that lead to lung cancer. Numerous of the hundreds of compounds found in cigarette smoke are carcinogenic. Despite the fact that the human body can frequently detoxify and eliminate carcinogens, when it is unable to do so, residual carcinogens can cause the body's cells to mutate, occasionally resulting in the development of malignant cells. Healthy cells are able to recognize when to stop dividing because the normal cell healing process requires cells to divide continuously until all harm has been fixed. On the other hand, cells that have undergone malignant mutations lose the ability to know when to stop and will continue to divide and expand.

Not every cell mutation results in cancer. But the more smoke a person inhales, the more mutations they'll experience, and the more likely it is that one of those mutations will be malignant. As a result, the chance of developing cancer increases with the length and frequency of a person's smoking. Notably, despite the fact that carcinogens frequently harm lung cells, they can also enter the bloodstream and spread throughout the body, resulting in a variety of cancers.

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When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows ____.

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When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows will increase.

What is the effect of a decrease in interest rate on present value?

A bond is a debt instrument used by firms to raise capital for their daily operations. Bondholders are paid interest based on the interest rate.

Present value is the sum of discounted cash flows. The bond is usually discounted using the interest rate. There is a negative relationship between interest rate and the present value of bonds.

Assume that a bond would pay 1000 in 5 years. The interest rate is 10%.

The present value of the bond : 1000 / (1.1^5) = 620.92

Assume now that interest rate is now 2%, the present value would be:

1000 / (1.1^2) = 826.45

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Opponents of globalization claim that globalization has led to widespread government corruption as indicated through the extensive use of __________.

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The extensive use of BRIBERY indicates that opponents of globalization claim that globalization has resulted in widespread government corruption.

Bribery is the unlawful offering, malicious giving, covert receipt, or improperly motivated soliciting of anything of value with the intention of influencing the actions of someone who has legal or public authority.

The argument made by those who oppose globalization is that freer trade and investment allow multinational corporations to relocate factories from high-wage developed countries to low-wage underdeveloped countries, where governments are more likely to be corrupt and eager to sell off their resources to foreign nations.

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A relatively small group of managers at the head of an organization that establishes overall strategy and long-range goals is called _____ management.

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A relatively small group of managers at the head of an organization that establishes overall strategy and long-range goals is called top management.

This is further explained below.

What is top management.?

Generally, compare upper management to middle management for a better understanding of the difference between the two. the most senior personnel of an organization or firm, such as the heads of several departments or divisions led by the chief executive.

In conclusion, Top management is the relatively small group of managers that sit at the very top of an organization and are responsible for determining the firm's overarching strategy as well as its long-term objectives.

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The entry to record the sale of services for cash includes a ______.

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The entry to record the sale of services for cash includes a Debit to cash

Credit to service revenue

    The foundation of a business's double-entry accounting system is debits and credits. Credits represent funds deposited into an account, whereas debits indicate funds withdrew from one. At least one debit and one credit in equal but opposite amounts must be recorded to the business's accounting ledger for each financial transaction conducted by the company.

Debits and credits are used by bookkeepers and accountants to balance each recorded financial transaction for specific accounts on the balance sheet and income statement of the organization. In a double-entry accounting system, the employment of debits and credits enables the company to more quickly balance its books at the conclusion of each time period.

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Cost of goods sold account is debited and finished goods inventory is credited for.

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For the sale of goods to a customer the cost of goods sold is debited and finished goods inventory is credited.

Cost of goods sold is the amount (total) your business paid as a cost directly related to sale of products. Business may include products that are purchased for resale purposes or it could incur direct cost of producing products that is known as cost of goods sold.

When goods are sold to any customer, the cost of goods sold is debited and with the same value the finished goods inventory is credited.

For example, a company sells $2,000 worth of goods to a customer, and the sales price is $2,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account                                    Debit           Credit

Cash                                         $2,200

Sales Revenue                                             $2,200

Cost of Goods Sold               $2,000

Finished Goods Inventory                           $2,000

A debit to cost of goods sold represents an increase in the  expenses that are deducted from revenues to get the gross profit and net income for the period.

A credit to finished goods inventory depicts a decrease in the cost of inventories that are available for sale, reported under total assets.

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A broker has asked his unlicensed assistant to show a buyer property. the most important item the broker should verify prior to the showing is that the assistant _____________________.

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The most important item the broker should verify prior to the showing is that the assistant should be the permission of the seller or seller's broker to show the property.

What is Seller's Permission?

The seller's permit, also known as a sales tax permit or sales and use tax permit, is a type of business license that enables you to charge and collect sales tax on goods and services that are taxable. The tax you have collected must then be sent to your state's taxing body by your company. Seller's permits are state-specific, allowing you to complete the transaction in the state where the permit was issued while also collecting and remitting the necessary sales tax. Seller's permits are state-specific, so if you operate in multiple states, you might need more than one.

Therefore, a seller's permit plays a very important role in any sale.

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Why do smaller economies around the world typically face more volatile inflation?

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Smaller economies around the world typically face more volatile inflation because they can be unsettled by international movements of capital and goods.

More about  inflation:

Price increases, or inflation, can be thought of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.

The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or the rise in a nation's cost of living.

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By what specific measurement is construction used as an economic indicator for the u.s. economy?

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The specific construction measurement used as an indicator for the health of the economy in the United States is housing starts.

What is housing starts?

The phrase "housing starts" refers to the beginning of building a new residential dwelling.

A crucial economic indicator frequently observed by players in the financial markets, new housing is a high-ticket capital product that encourages extra consumer expenditure on furnishings and appliances.

Based on a poll of homebuilders that is partially funded by the U.S., the U.S. Census Bureau publishes estimates of U.S. housing starts on the 12th business day of every month. Urban Development and Housing Department.

A count of building permits collected from a separate survey of building permit offices are also included in the New Residential Construction report along with information on housing completions.

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How did hongwu exemplify confucian ideas? he built a strong military of ""a thousand chariots."" he encouraged the employment of men only. he encouraged reverent behavior among the people. he helped the economy of his country grow.

Answers

He helped the economy of his country grow. This is how Hongwu exemplifies Confucian ideas.

What is Confucianism?

Confucianism is one of the most important religious traditions in Chinese history, with a history lasting more than 2,500 years. It cares about morals, inner virtue, and respect for the community and its customs.

Confucianism is a philosophy and way of life that originated in ancient China and served as the basis for much of Chinese culture. From 551 to 479 B.C.E., philosopher and educator Confucius lived. His students recorded his ideas on ethics, proper conduct, and moral character in various writings, the most significant of which was the Lunyu. For leading a peaceful life, Confucianism emphasizes human-centered qualities and ancestor worship. Confucianism's guiding principle is "Don't treat others the way you wouldn't want them to treat you."

Thus, Hongwu helped the economy with his Confucian ideas.

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Which grand strategy is more likely to support long-term deployments of american troops overseas?

Answers

Selective Engagement  grand strategy is more likely to support long-term deployments of american troops overseas.

What is the strategy of selective engagement?

The selective engagement strategy states the use of alliances to safeguard US interests, advance US influence abroad, determine  aggression, and maintain peace and predictability in the Pacific

What is the concept of grand strategy?

Grand strategy is the biggest  level of national statecraft that generates how states, or other political units, prioritize and mobilize which military, diplomatic, political, economic, and other  power to ensure what they receive  as their interests.

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Using multiple department factory overhead rates instead of a single plantwide factory overhead rate:______.

Answers

Using multiple department factory overhead rates instead of a single plantwide factory overhead rate results in more accurate product costs.

Product cost is an accounting term which  refers to the total costs which is involved in making a product and making it ready for sale.

In manufacturing, product costs are expenditures which include the costs of raw materials, labor as well as manufacturing overhead. Product costs can  involve different  expenditures which are  related to a supplier in addition to any costs involved in stocking products.

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In preparing a dfd, when data are transformed through a process, the symbol used should be? a circle. an arrow. a square. two horizontal lines.

Answers

In preparing a DFD, when data are transformed through a process, the symbol used should be a circle.

The definition of a circle gives a shape consisting of points in a two-dimensional plane that are equidistant from a given point. A circle is a closed curve with no corners or vertices. Many round shapes in our real life are defined by circles.

A circle is a closed shape formed by tracing points moving in a plane such that they are a constant distance from a point. The word circle comes from the Greek kirks, which means wheel or ring. Circles are still of symbolic importance today and are often used to symbolize harmony and unity. For example, look at the Olympic symbols. There are five interlocking rings of different colors, representing the five major continents of the world united in a spirit of healthy competition.

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