Internet technology in airline transactions strategies
Speculate regarding the behavior which could result from Internet technology in airline transactions and propose 2 or more strategies to deal with them.
Expert
Internet technology in airline creates value creation. Value drivers like efficiency and novelty help in the technology drive. Internet enhances commerce between airline and consumers. Consumers can get information about travel and fare details. Communication between airline and consumers will become quick and fast. The instantaneous communication helps in day to day business. Customer’s expectation gets higher in the use of internet. The airline corporate strategy is to use the internet services to the fullest extent possible. Customers get value for the price they pay to the services availed. Novelty and innovation will be possible by using internet technology. Internet is paving way for innovative exchange mechanism. This is useful for customers. The innovative transaction structure will help the customers. Exploitation of internet at customer interface will transform the airline industry.
Information communication technology will be useful for operative and strategic management. Internet will be useful for distribution strategy. This will pave way for cost reduction and cost efficiency in airline business. The use of intranets will increase tactical management. This will also improve strategic management. Extranets help in communicating with passengers and partners. This will be useful for business-to-business contact. The use of internet technology and communication technology will help the airline firm to compete with the competitors and market leaders in the industry. Cost reduction is possible in the long run by reducing the overhead costs. Cost reduction committee can probe the reasons for cost escalations. Innovation in the service will bring down the cost in future. Novelty services will always attract existing and future customers. The consumers in domestic and international markets can have easy access with airline operators. The internet technology not only creates value creation in passenger traffic but also in cargo movement. Logistics is vital for companies. Movement of people and goods across local areas, regions, national boundaries and international borders make business and travel more sophisticated and gentle.
Question: Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have o
In the figure shown below, line T1 depicts a tax system which is: (1) Regressive. (2) Progressive. (3) Proportional. (4) Unbiased. (5) Recessive.
Why the value of MPC is not greater than 1? Answer: This is because change in consumption can never be more than change in income.
Hello. I need help with my assignment, I was sick and lost alot of time.My submission deadline is tomorrow i need your help i have attached the questions Thanks in advance
Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor r
The value of nominal GNP of an economy was Rs. 2,500 crores in a specific year. The value of GNP of that country throughout the same year, computed at the prices of some base year was Rs.3000 crores. Evaluate the value of GNP deflator of the year in terms of percentag
When you pay a straight A student in advance to write up your term paper and that person expends the money on a party and then, hung-over, can’t do a good job and hence you wind up with an F for submitting sloppily written gibberish, you encompass just suffered
What are the four methods that FED can use to make money? What are the most powerful one and what technique the FED to create a gradual easing of the money supply either created or destroyed most seldom uses?
Can someone help me in finding out the right answer from the given options. The substitution effect is fully explained when: (i) Brandon just eat tofu since he is on a diet. (ii) A rise in the price of corn chips drives up demand for the salsa. (iii)
Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone
18,76,764
1930167 Asked
3,689
Active Tutors
1453946
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!