_the-problem-with-being-too-efficient-customers-get-tired.jpg "The problem with being too efficient - customers get tired from qantas airlines australia Video Screenshot Preview")
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⏲ Duration: 2 min 48 sec
✓ Published: 12-May-2010
✓ Published: 12-May-2010
Description:
The theory is that as supply decreases, then prices increase.If you are the only person selling Elvis memorabilia on eBay, you can fetch a high prices.nnSome airlines such as Qantas are using the same philosophy.When executives are rewarded on efficiency of stock price and resources, then crazy things can happen.nnUsing Qantas as an example.From Sydney Australia, they used to fly all over Europe to places like Rome, Paris, London and Frankfurt. Like all airlines, in order to be efficient
The theory is that as supply decreases, then prices increase.If you are the only person selling Elvis memorabilia on eBay, you can fetch a high prices.nnSome airlines such as Qantas are using the same philosophy.When executives are rewarded on efficiency of stock price and resources, then crazy things can happen.nnUsing Qantas as an example.From Sydney Australia, they used to fly all over Europe to places like Rome, Paris, London and Frankfurt. Like all airlines, in order to be efficient
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