Reference no: EM133379425

Questions

1. True or False The mega-mergers of airlines that has occurred within the last decade have had the effect re-regulating the airline industry.

2.... Which three items or issues below cost the airlines the most?

a. Oil (fuel), labor, and maintenance

b. Pollution control regulations, global competition, and safety lapses

c. New aircraft purchase contracts, aircraft rental contracts, aircraft storage

3. The term "undercapitalization" in reference to the reason many airlines fail to succeed refers to:

a. not expanding sufficiently to capture market share.

b. not capitalizing on demonstrated market needs.

c. not having the financing to launch or stay in business.

d. not having enough lobbyists on Capital Hill.

4. Which of the following are viable opportunities for airline growth overseas?

a. The expanding middle classes in India and China.

b. The proximity of the Middle East in relation to long-haul markets.

c. The age of the airline fleet in the Africa region.

d. The re-regulation trend in the U.S.

e. Both A and B above.

f. A, B, and C above.

5. Which of the following are accurate characterizations of the aerospace industry in relation to their specific decades?

a. 1940s: Approximately 75% of the labor force was moderately skilled.

b. 1950s: Space exploration became a major focus of new research and development efforts.

c. 1960s: Industry profits plummeted due to oil embargoes and extended periods of economic recession.

d. Both A and B above.

e. All of the above.

6. Which of the following did not occur as a result of the the 9/11 terrorist attack on the U.S. and the subsequent War on Terrorism?

a. The U.S. military purchased large quantities of missiles.

b. The airline industry went into recession.

c. Defense contractors expanded into non-defense activities.

7. U.S. aerospace manufactures looking to recoup capital investments in developing and tooling new programs are pursuing which of the following strategies?

a. Cultivating international customers.

b. Utilizing foreign suppliers of parts.

c. Expanding into non-aviation markets.