Question
Airlines overbook flights because many passengers simply don't show up for their reservations. When more passengers than expected show up for a flight, however, this
Airlines overbook flights because many passengers simply don't show up for their reservations. When more passengers than expected show up for a flight, however, this strategy results in some travelers being "bumped" and forced to take a later flight. Bumped passengers are typically compensated with a free ticket. Airlines overbook flights because of which characteristic of services?
intangibility | ||
inseparability | ||
inconsistency | ||
variability | ||
perishability |
Many people joined LinkedIn because it offers a large community of professionals for career networking. We call this phenomenon ______. It exists if the value a consumer derives from network increases when there are more users of this network.
Direct Network Externalities | ||
Indirect network externalities | ||
Herding Behavior | ||
Information spillover |
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