Operating in the southwestern states. lancer airlines hopes to avoid entering the price war that currently is taking place between several airlines on the east coast. the best strategy to avoid severe price competition is to:
a. reduce flights and in-flight services, and layoff employees.
b. provide frequent travelers the added value of special fringe benefits.
c. cut costs and services in order to maintain profit margins.
d. determine the breakeven price and charge slightly more than that.

The correct answer is (B)

Explanation:

Firms and organisations try to attract the best talent by offering them fringe benefits. To compete in perfect competition, firms are usually the price takers, and it is difficult to cut cost. Lancer airline can offer its customers fringe benefits.  Extra benefits and incentives will attract more customers and will ultimately help the company to gain more revenue and a competitive edge over competitors.

answer; organizational;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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