The best explanation of why Gulf airlines are giving U. S. legacy carriers stiff competition is that the Gulf carriers:

A. offer more special deals to business travelers than do the U. S. legacy carriers.

B. have taken advantage of U. S. trade laws that allow for unrestricted foreign competition.

C. offer better service for lower costs than do the U. S. legacy carriers.

D. have built luxury hubs throughout Europe and the United States.

Question

Tara

Business

2 July, 03:13

The best explanation of why Gulf airlines are giving U. S. legacy carriers stiff competition is that the Gulf carriers:

A. offer more special deals to business travelers than do the U. S. legacy carriers.

B. have taken advantage of U. S. trade laws that allow for unrestricted foreign competition.

C. offer better service for lower costs than do the U. S. legacy carriers.

D. have built luxury hubs throughout Europe and the United States.

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Answers (1)

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Henry Clark · Answer 1

C. offer better service for lower costs than do the U. S. legacy carriers.

Explanation:

Globalization is best described as a process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade and investment barriers, advances in telecommunications, and reductions in transportation costs.

The strategic foundations of the globalization hypothesis are based primarily on cost reduction, which benefits the company in beating the rivals in the global market.

In the given case, Gulf airlines are giving U. S. legacy carriers stiff competition because Gulf carriers offer better service for lower costs than do the U. S. legacy carriers.