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 289 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?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library