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Author Question: Explain how intermediaries can continue to make money even when a key provider like the airlines can ... (Read 235 times)

mikaylakyoung

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on: Sep 11, 2019

Question 1

What are standing committees and what purpose do they serve for a CVB board?
 
  What will be an ideal response?

Question 2

Explain how intermediaries can continue to make money even when a key provider like the airlines can pile up big financial losses.
 
  What will be an ideal response?


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Kingjoffery

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Reply #1 on: Sep 11, 2019

Answer 1

Standing committees are permanent committees established in the bylaws that act on behalf of the board as a whole. They allow certain tasks to be accomplished more efficiently than they could be if the full board were involved.

Answer 2

This is a case of derived demand similar to Question 25.


mikaylakyoung

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Reply 2 on: Sep 11, 2019
Gracias!

covalentbond

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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