Threats to business comprises
Write a brief note on the things which Threats to business comprises?
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The threats might come from the following:
a) Raised competition: either new low-fare competitors entering the market or traditional airlines decreasing fares to compete.
b) Fuel price increases.
c) Rising congestion at airports, making it more complex to turn aircraft around rapidly.
d) Modifications in the regulatory environment.
e) Susceptibility to a downturn in the economic circumstances.
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
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