In North America,companies such as Expedia,Priceline and Hotels.com operate a merchant model where the companies buy the hotel rooms at wholesale and then mark them up and sell them retail.Wotif.com on the other hand operates on different system known as a:
A) margin-rates model.
B) competitor-based model.
C) mark-up based model.
D) commission-based model.
Correct Answer:
Verified
Q5: Production is concerned with:
A)the creation of a
Q6: Michael Porter has argued that low cost
Q7: The particular emphasis of Michael Porter's value
Q8: Evolution strategies are pursued only by those
Q9: Firms that pursue a global standardisation strategy
Q11: The Wotif.com online accommodation success story is
Q12: Brisbane-based Wotif.com is a specialist online accommodation
Q13: With 'strategic fit' market conditions,strategy,operations and organisation
Q14: For their first venture in going international,Wotif.com
Q15: A transnational strategy makes sense when the
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