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Avia 314 Final Exam With 100% Correct And Verified Answers
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Avia 314 Final Exam With 100% Correct And Verified Answers
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Avia 314 Final Exam With 100% CorrectAnd Verified Answers
What has caused the average aviation
business person the most trouble in making
sound business deciions? - Correct Answer-
The love of aviation
Considering adjustments to strategic goals
would be considered - Correct Answer-
objectives planning
What does it mean when the text says that
marketing is as much an art as a science? -
Correct Answer-No two approaches in
marketing are the same. The business owner
must consider many variables before settling
on a marketing strategy
How does the function of budgeting change
when the budget period begins? - Correct
Answer-Budgeting begins to focus on the
controlling of spending
In regard to HR laws and regulations, what
are the areas of employment law? - Correct
Answer-Workmen's compensation, workplace
safety, and discrimination in the workplace
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, Which is a disadvantage for a partnership? -
Correct Answer-Liability exposure
Why would for-sale aircraft in inventory
greatly influence the company's current
ratio? - Correct Answer-Inventory aircraft are
considered an asset
How should the flight line operations of an
FBO view flight crews and their passengers? -
Correct Answer-They should be viewed as
customers
What operational procedure changes were
made in 2005 that allowed for better
integration of GA flying with airspace
procedures in other parts of the world? -
Correct Answer-Domestic Reduced Vertical
Separation Minimums program
There can be many positions within the
maintenance business unit. What are some of
the key responsibilities of the manager of the
maintenance unit? - Correct Answer-To
ensure profitability of service
The text mentions layers of insurance. The
text also mentions the idea of a reinsurer.
Which company was mentioned as the
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