subject
Business, 07.04.2020 20:06 TaraC

Earlier, the travel industry was controlled by a few large travel companies that booked holidays, air tickets, bus tickets, and hotels for their customers. However, with the emergence of the Internet, smaller travel agencies started mushrooming in the industry and customers started making their own reservations. Which of the following can be inferred from this information?1) The travel industry changed from a consolidated structure to a fragmented one.
2) The pricing power of the incumbent firms in the travel industry has increased.
3) The bargaining power of buyers in the travel industry has decreased.
4) The structure of the travel industry changed from monopolistic competition to an oligopolistic one.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
question
Business, 22.06.2019 09:50
Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses
Answers: 3
question
Business, 22.06.2019 12:10
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
question
Business, 22.06.2019 19:00
1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals
Answers: 1
You know the right answer?
Earlier, the travel industry was controlled by a few large travel companies that booked holidays, ai...
Questions
question
Mathematics, 27.10.2020 20:00
question
Spanish, 27.10.2020 20:00
question
Mathematics, 27.10.2020 20:00
question
Biology, 27.10.2020 20:00
Questions on the website: 13722360