Requirements

For each decision, state whether the company is following a cost leadership or a product differentiation strategy.

For each decision, select what information the management accountant can provide about the source of competitive advantage for these firms.

Historical information about shareholder wealth

Market demand for first$-$class service from Los Angeles to Honolulu

The cost of any additional staffing and amenities necessary for first$-$class service

The cost of any additional staffing and amenities necessary for first$-$class service

Market demand for first$-$class service from Los Angeles to Honolulu