AVIA 314 Quiz 1

1. What was the main focus of the GARA?
2. What is a Flight Service Station?
3. What is the underlying issue in revenue diversion?
4. The year of the first S. Airmail service.
5. The text recommends that the FBO owner/manager should spend how much of their time running their business?
6. The year of Lindbergh’s transatlantic
7. What was the period of the “booming” economy?
8. Considering adjustments to strategic goals would be considered
9. What are the two key skills necessary to have an effective entrepreneurial spirit?
10. What determines how many managers the FBO will have?
11. Numerous studies have revealed that decision making results are better when
12. What can be done to improve forecasting based on historical trends?
13. What is an example of a convenience good?
14. Price-based costing requires the manager
15. What seems to be the most effective promotional tool for aviation businesses?
16. Discuss why tasks should be delegated to the most junior staffer remotely capable of handling
17. Describe three elements of distribution and how they

Set 2

1. What aviation group is represented by GAMA?
2. What is the function of ARTCC?
3. What is the underlying issue in revenue diversion?
4. The year of the Hindenburg crash.
5. The text recommends that the FBO owner/manager should spend how much of their time as a liaison to the public and involved in educational work?
6. Flight operations are conducted under what three parts to the Federal Code?
7. In which year did new aircraft production reach its peak?
8. What would be a concern if using the care-taker management approach?
9. 2 out of 2 points Having a strong ethical foundation will have positive results to your business, such as
10. Theories of effective management are constantly changing. What is the pitfall for a manager who is a visionary leader?
11. The failure of the manager to resolve work related issues points to the failure
12. What can be done to improve forecasting based on historical trends?
13. What is the recommended approach to gaining customers in general aviation?
14. What is the underlying assumption behind regression modeling?
15. Price-based costing requires the manager
16. Describe the manner in which a manager’s functions will change as he or she advances up the promotion ladder.
17. What methods would one select for (1) mass marketing, and (2) targeted marketing? How would each work?