subject
Business, 09.09.2020 21:01 dangolstein03

Years ago, 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? Multiple Choice The travel industry changed from a consolidated structure to a fragmented one. The pricing power of the incumbent firms in the travel industry has increased. The structure of the travel industry changed from monopolistic competition to an oligopolistic one. The bargaining power of buyers in the travel industry has decreased.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
marketing strategies should be established before marketing objectives are decided. t/f
Answers: 1
question
Business, 22.06.2019 15:50
Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?
Answers: 1
question
Business, 22.06.2019 18:20
Principals are an administration career
Answers: 2
question
Business, 22.06.2019 22:50
Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.
Answers: 2
You know the right answer?
Years ago, the travel industry was controlled by a few large travel companies that booked holidays,...
Questions
question
Mathematics, 27.07.2019 06:20
question
Mathematics, 27.07.2019 06:30
Questions on the website: 13722362