Solved

The Corporate Travel Segment Is Often Said to Be Relatively

Question 3

Multiple Choice

The corporate travel segment is often said to be relatively price insensitive. Which of the following is the MOST LIKELY explanation for price insensitivity in this market segment?


A) The cost of switching to other travel service providers including airlines and hotels is relatively low.
B) It is difficult for business executives to compare suppliers and prices.
C) Travel expenses are relatively small compared to executive salaries.
D) Some, or all, of executive travel costs are paid by their employers.
E) All of the above are possible explanations.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents