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airlines have a base price like lets say 50 U.S dollar for one-way,so then they add oil price 80$,then food if you ask for it 90$, there if you go to first class or something 120$, then if gas prices go up again they may change it.
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What are Pricing Decisions Policies and Practices?
what is pricing decisions policies and practices
When delta airline raises or lowers its prices on its atlanta to chicago route orther airlines tend to make the same changes in their pricing This is example of what pricing?
I believe it's competitive pricing.
Are the airlines feeling the pricing of fuel?
Sure, just like everyone else.
How Decision Support Systems can help a company in pricing and profitability?
Decision support systems help managers analyze information within the organization. Based on this information, managers can make better decisions about pricing and profitability.
Should surplus capacity be considered for short term pricing decisions?
yes
What has OPEC done to limit the effect of nonmember production on its pricing decision?
what has OPEC done to limit the effect of non member production on its pricing decisions?
Why did American Airlines eliminate the yield management pricing?
I'm not sure what you mean by Yield Management Pricing, but AA has not eliminated Yield Management. It is still an important department and function within the company.
Does Expedia have any cheap flights to Newark?
Pricing ranges from $162 to $519 depending on departure city and airline. The cheaper flights are mostly from United Airlines, American Airlines and U.S. Airways.
How does customers affect pricing decisions?
Price is not often the decision! Customers rarely make decisions based only the price but on the precieved value. If the goods or service is poor or inaproppriate the apparent reason stated maybe price but there is often no value attached to the goods by the customer.
How pricing decisions taken when competitors would not react?
Pricing will be as per the demand and cost conditions. The producers have the freedom to charge their prices . However, prices tend to be more or less the same
What are the importance of economics in business studies?
Economics are important because understanding them helps managers make decisions. The more managers understand economics, the better they will be at pricing products and offering salaries to their employees.
Does a company's costing method have any effect on its pricing decisions?
u from ntu doing bu8101 seminar 9?
