Global Airlines is a major low-price airline carrier for both domestic and international travel. The company guarantees

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Global Airlines is a major low-price airline carrier for both domestic and international travel. The company guarantees the "lowest price" ticket for travel within the United States. The "lowest price" ticket guarantee does not apply for travel on Monday mornings and Friday evenings, which are busy travel times for business travelers.

1. Do these pricing practices of Global Airlines violate any anti-trust laws? Why or why not?

2. Why is Global Airlines not offering a price guarantee for flights on Monday mornings and Friday evenings? Do you agree with this policy? Explain briefly.

3. What other factors should Global Airlines consider before implementing these pricing policies?

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1 The company is not practicing price discrimination because all customers are being offered the same prices The offer is simply restricting the times ...View the full answer

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my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce

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ISBN: 978-0134475585

16th edition

Authors: Srikant M. Datar, Madhav V. Rajan

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Question Posted: Aug 03, 2017 10:12 AM

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Global Airlines is a major low-price airline carrier for both domestic and international travel. The company guarantees

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1 The company is not practicing price discrimination because all customers are being offered the same prices The offer is simply restricting the times ...View the full answer

Horngrens Cost Accounting A Managerial Emphasis

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