When Delta increases its average fares,American Airlines and United often follow with similar increases.This is an example of
A) competitor orientation.
B) customer orientation.
C) status quo pricing.
D) customer orientation .
E) adding value.

Question

Quizplus · Accepted Answer

This is an example of status quo pricing, where competitors in the industry follow each other in adjusting their prices without necessarily considering customer demand or adding value. The focus is more on maintaining relative pricing levels rather than differentiation.

When Delta Increases Its Average Fares,American Airlines and United Often