This topic contains a solution. Click here to go to the answer

Author Question: Explain how the merchant model works. What will be an ideal response? (Read 299 times)

xclash

  • Hero Member
  • *****
  • Posts: 681

Question 1

Why do you think Enterprise came relatively late to the airport market?
 
  What will be an ideal response?

Question 2

Explain how the merchant model works.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317

Answer 1

Enterprise is a conservatively managed company who apparently wanted to be sure that it could provide the same level of service at airports that it was providing in local markets.

Answer 2

Suppliers make inventory available to agencies at a discounted price called a net rate. The agencies then attempt to sell that inventory to the public at a price above the net rate.



xclash

  • Hero Member
  • *****
  • Posts: 681
Both answers were spot on, thank you once again



31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Great! Please up vote :D



 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library