100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
AVMG 4200 Exam 1 Questions And Answers Rated A+ New Update Assured Satisfaction $9.79
Add to cart
Quickly navigate to
Preview
  2.  
  3. AVMG 4200
  4.  
  5. AVMG 4200

Exam (elaborations)

AVMG 4200 Exam 1 Questions And Answers Rated A+ New Update Assured Satisfaction
 0 purchase
  • Course
  • AVMG 4200
  • Institution
  • AVMG 4200

At the "front end" of the aviation industry supply/value chain, the focus is on - ️️creating the resources to provide a capability Utility or Value in an economic system created by the "physical transformation of materials from raw to finished product" is called _____ value. - ️️Form Th...

[Show more]

Preview 2 out of 5  pages

Document information

  • September 14, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • AVMG 4200
  • AVMG 4200

Seller

avatar-seller
PatrickKaylian

Reviews received

Content preview

AVMG 4200 Exam 1
At the "front end" of the aviation industry supply/value chain, the focus is on -
✔️✔️creating the resources to provide a capability

Utility or Value in an economic system created by the "physical transformation of
materials from raw to finished product" is called _____ value. - ✔️✔️Form

The cost per passenger (or pound) for a flight is literally impossible to calculate in
advance because - ✔️✔️the costs are fixed but demand varies


Why is it so difficult to find a "truly domestic product" in almost any country or region
today? - ✔️✔️reduction in the costs of transporting products over greater distances and
easing of trade restrictions

The three fundamental forms of utility under capitalist economic theory are: -
✔️✔️Possession, Form, and Time/Space

The explosion in international trade at the end of World War II that continues to this day
is a direct result of three main factors; among them are - ✔️✔️transportation over great
distances has become easy. cheap, and ubiquitous


Under the "Cost Accounting" paradigm, the majority of fuel costs are characterized as -
✔️✔️Variable


The accounting paradigm that characterizes costs according to Direct Operating,
Indirect Operating, and Non-Operating categories is the _____ approach - ✔️✔️cost
accounting

The economic deregulation of the transportation industry began with - ✔️✔️rail in 1976

The value created by a modern Supply/Value Chain is harvested - ✔️✔️only at the
retail (final customer) step of the process

Which of the below is not one of the external forces driving the rate of change and
shaping our economic and political landscape? - ✔️✔️Environmental concerns

Transportation service providers (freight or passengers) earn money by creating -
✔️✔️time and place utility

, In a modern Supply/Value Chain - ✔️✔️cost is generated by every single activity

For international-intercontinental carriage, _____ dominates in freight tonne-kilometres
(FTKs). - ✔️✔️water

Air freight is typically carried by either _____ or _____. - ✔️✔️Combination carriers, Air
cargo carriers

Motor Freight is unique among all modes due its ability to provide _____. - ✔️✔️First &
Last mile logistics

"Freight Eligibility" determines and goes along with and determines _____. -
✔️✔️modal option selection


Product types that represent the market for air freight include items that are -
✔️✔️sensitive to environmental extremes

The three broad categories of air transportation services provided by the macro aviation
industry supply/value chain include - ✔️✔️Scheduled, On-Demand, Public Service

Product types that represent the market for air freight include items that are -
✔️✔️Valuable relative to weight and volume


The "Cost of Movement" (transportation price and features) varies widely among the
different modes of transportation available to a shipper. Which transportation modes are
typically the FASTEST? - ✔️✔️Air and Truck

The "Value Proposition" that must be satisfied for the "invisible hand" to move goods
from areas of surplus to areas of shortage holds that the _____ must be _______ the
______ . - ✔️✔️change in total value, greater than, change in total cost

Why is it so difficult to find a "truly domestic product" in almost any country or region
today? - ✔️✔️reduction in the costs of transporting products over greater distances and
easing of trade restrictions

"Managerial" accounting deals primarily with - ✔️✔️assessing business alternatives

The "broad rule making powers" granted by Congress to the cabinet level secretaries -
✔️✔️have the full force of criminal and civil law until overturned by the Supreme Court

At a minimum, the "lowest" price per seat (pax) or pound (cargo) should be set to -
✔️✔️cover all costs associated with the flight

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller PatrickKaylian. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.79. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$9.79
  • (0)
Add to cart
Added