Question: Frequent flyer programs that the airlines offer are one way to increase switching costs. What is the end result in terms of Porter's five forces?

Frequent flyer programs that the airlines offer are one way to increase switching costs. What is the end result in terms of Porter's five forces?

Group of answer choices

increase the threat of new entrants

decreases customer power

increases supplier power

increases customer power

increases the threat of substitutes

decreases supplier power

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!