Author Question: How does the business cycle affect the rental car industry? What will be an ideal response? (Read 66 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?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library