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DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer?.

Solutions for DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice DIRECTION for the question: Read the following information and choose the best alternative:Traditionally, airlines paid a fixed-rate commission of 7 percent for point-to-point domestic ticket sales. In return for creating conditions that made the travel agency profitable, airlines have always been able to write the rules governing agency competition. A Civil Aeronautics Board rule, however, abolished the fixed-rate commission and ordered carriers to propose new plans for compensating travel agents. Officials of the agency indicated that the intent was to promote retail price competition and encourage new alternative retail outlets.United Airlines was the first to respond, proposing to pay a flat $8.50 per ticket. Travel agencies reacted by diverting traffic to other airlines offering higher commissions. United suffered a 14 percent sales drop in one month as a result, in part, of the new commission. Finally, United withdrew the plan and offered a sliding-scale plan paying travel agents from $7.50 to $37.50 depending on the distance flown. Other airlines offered different plans. For examples, Eastern, now defunct, proposed a commission ranging from 8 to 11 percent, the former Frontier Airlines plan called for 10 to 11 percent, and American Airlines plan was so complex that most agents indicated that they could not understand it.Q.United Airlines’ sales in the month before the flat commission plan was implemented were $ 300 million. Assuming the average ticket cost $ 120 and all ticket sales are being made through agents, what was the change in the commission paid to travel agents after the flat plan was implemented approximately ($ m)?a)21b)19c)3d)2e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.