Quiz Running the Business

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School

Liberty University *

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Course

360

Subject

Industrial Engineering

Date

Feb 20, 2024

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docx

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3

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Question 1 2/2pts Question 9 2/2pts What are the three divisions of on-demand air What is the percentage of companies that do not or transportation? minimally ask internal departments to compensate for the use of the company aircraft? Commercial A Transport Aerial Work,and General 75 Aviation Question 2 2/2pts Question 10 202pt What formula is used to help value a flight for personal use? According to the text, which is an idea to help justify the company aircraft? SFL The ably Question 11 2/2pts Question 3 2/2pts - In addition to being “functional,” the text mentions that the What year was the first corporate et introduced? organizational structure should be 1957 flat. Question 4 2/2pts Question 12 212 pts Which method of on-demand transportation involves leasing an aircraft to another operator for equal time on their aircraft? What key factor helps enable the the flight department to become an "essential’ part of an organization? The fight department has worked to become an intrgral partof the company. Interchange.
Question 5 2l2pts Itis important for the flight department manager to be aware that company culture has the potential to change over time. Question 6 2l2pts What happens to the total cost per hour as utilization increases? ncreases Decreases. Question 7 2/2pts With regard to flight records, what does the IRS require to be included for each leg of a trip? Aclear purpose. Question 8 2l2pts Which method of on-demand transportation provides a good value to operators needing 100 to 150 annual hours? Charter.
Question 13 2zve Which is a definition to tax depreciation? toval Amethod of reducing your taxable value. Question 14 2l2pts How can the flight department save money in the area of maintenance? Join @ maintenance/parts insurance program. Question 15 2l2pts Which flight department function is a critical link between passengers and flight operations? Scheduling
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