Author Question: How does the business cycle affect the rental car industry? What will be an ideal response? (Read 23 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590

Question 1

How did airlines use GDS installations at travel agencies to increase market share?
 
  What will be an ideal response?

Question 2

How does the business cycle affect the rental car industry?
 
  What will be an ideal response?



KKcool

  • Sr. Member
  • ****
  • Posts: 340

Answer 1

The airlines that owned the GDSs initially installed highly biased display screens. This practice was subsequently outlawed.

Answer 2

The industry has a leisure and business component but is heavily reliant on airport renters for its viability. Insofar as recessions constrain air travel, this hurts the rental car industry. Local market revenues are much less affected by the business cycle because that business mainly involves replacement cars.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library