Discussion :: Course of Action
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Statement: Since its launch in 1951, the Airking airline has so far accumulated losses accounting to Rs 200 crore.
Courses of action;
I. Ariking airline should be directed to reduce unnecessary expenditure and to hike airfare.
II. An aid of Rs. 250 crore should be provided to Airking airline to make the airline economically viable.
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A.
Only I follows
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B.
Only II follows
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C.
Either I or II follows
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D.
Neither I nor II follows
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E.
Both I and II follow
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Answer : Option A
Explanation :
To recover losses and for economic gain, the airline should reduce expenditure and increase the fare. Getting financial aid is not the permanent solution.
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