Multiple Choice
Scenario 2.1 Use the following to answer the questions.
Southwest Airlines has a history of being able to retain its employees due to the atmosphere and culture of the company. Employees have been known to dress up in costume on an airplane, engage in "games" with the passengers, and generally provide a fun atmosphere for traveling. While other airlines have low rates of customer satisfaction, Southwest tends to maintain a high rating with its customers. Recent gas price hikes have caused most airlines to charge for checked luggage and to fill every flight to its maximum, adding to the negative experience of airline travel. Southwest keeps its costs low through several methods, one being that they do not serve meals on flights, or provide pre-boarding passes. The typical flight is two hours or less and occurs between several selected cities rather than flying to practically anywhere in the country. Southwest is known for its low fares, its dependability, and its on-time flights.
Refer to Scenario 2.1. The fact that Southwest Airlines has a history of being able to retain its employees is a(n) ____ in its SWOT analysis. This low turnover creates more knowledgeable and satisfied employees, a potential _______.
A) weakness; opportunity
B) strength; competitive advantage
C) threat; market opportunity
D) opportunity; competitive advantage
E) strength; market opportunity
Correct Answer:

Verified
Correct Answer:
Verified
Q111: The reputation and well-known brand name of
Q112: The Chia Company has become highly efficient
Q113: Scenario 2.2 Use the following to answer
Q114: The Boston Consulting Group's model serves as
Q115: How does a firm use a market
Q117: Scenario 2.1 Use the following to answer
Q118: The _ section of the marketing plan
Q119: Successful business organizations should take actions to
Q120: The marketing plan provides a framework to
Q121: Megan knows that whether she decides to