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Questions and Answers
Which stage of development in the airline industry involved strict government control of air fares, routes, and market entry?
Which stage of development in the airline industry involved strict government control of air fares, routes, and market entry?
- Stage 4 - Globalization
- Stage 3 - Deregulation
- Stage 1 - Regulation (correct)
- Stage 2 - Liberalization
What was one of the impacts of Stage 1 - Regulation in the airline industry?
What was one of the impacts of Stage 1 - Regulation in the airline industry?
- Limited competition on selected routes (correct)
- Globalization of the industry
- Government bail-outs for air carriers
- Increased bilateral negotiations
During which stage of development in the airline industry is there less government control compared to a regulated environment?
During which stage of development in the airline industry is there less government control compared to a regulated environment?
- Stage 1 - Regulation
- Stage 4 - Globalization
- Stage 2 - Liberalization (correct)
- Stage 3 - Deregulation
What is one of the key features of Stage 2 - Liberalization in the airline industry?
What is one of the key features of Stage 2 - Liberalization in the airline industry?
Which stage of development in the airline industry is characterized by the globalization of the industry?
Which stage of development in the airline industry is characterized by the globalization of the industry?
During Stage 1 - Regulation in the airline industry, what did governments have strict control over?
During Stage 1 - Regulation in the airline industry, what did governments have strict control over?
What was one of the impacts of Stage 1 - Regulation in the airline industry?
What was one of the impacts of Stage 1 - Regulation in the airline industry?
Which stage of development in the airline industry involved limited markets served?
Which stage of development in the airline industry involved limited markets served?
What is one of the key features of Stage 2 - Liberalization in the airline industry?
What is one of the key features of Stage 2 - Liberalization in the airline industry?
During which stage of development in the airline industry is there less government control compared to a regulated environment?
During which stage of development in the airline industry is there less government control compared to a regulated environment?
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