Identify any differences between the strategies and profit or losses. What are the dangers of only looking at profitability?

strategy 1: For this quarter I have decided to partner with Azure Airlines as a dual-designated carrier. Our plans to expand will generate more profit and limit our costs. We also have begun charging $10 per customer for choosing their seat in advance because most of our customers choose that option.

strategy 2: invest more in marketing to increase the sale of tickets and cargo, though I have found that improving employee morale has also had a significant impact on customer retention as well. This would increase profits by keeping customers returning as well as being able to get our name out there to new customers.

  

Answer rating: 100% (QA)

The two strategies presented have different approaches to increase profitability and reduce costs Strategy 1 focuses on a partnership with Azure Airli... View the full answer