1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
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Quiz: Determining the Need
Due Nov 6, 2023 at 11:59pm Points 50 Questions 18
Time Limit 60 Minutes
This quiz is no longer available as the course has been concluded.
Attempt History
Attempt Time Score
LATEST Attempt 1 29 minutes 40 out of 50
Correct answers are hidden.
Score for this quiz: 40 out of 50
Submitted Nov 7, 2023 at 9:17pm
This attempt took 29 minutes.
2 / 2 pts
Question 1
The purpose of business aviation is to provide safe, ecient, and
convenient air transportation to support the mission and goals of
the FAA.
the corporation.
the ight department.
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1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
2/8
0 / 2 pts
Question 2
Incorrect
Incorrect
Approximately how much of airline service supports business
travelers?
3/4.
1/2.
1/3.
2 / 2 pts
Question 3
What year was the rst corporate jet introduced?
1957
1945
1965
2 / 2 pts
Question 4
Which aircraft is credited as the rst corporate jet?
Learjet.
Sabreliner.
Jetstar.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
3/8
2 / 2 pts
Question 5
Which is an example of a tangible benet of corporate aviation?
Corporate security.
Personal comfort.
Time savings.
2 / 2 pts
Question 6
Key-person insurance policies often use salary multipliers of what
value to help better value the time of an employee?
2.5 to 15 times salary value.
20 to 45.5 times salary value.
20 to 25 times salary value.
2 / 2 pts
Question 7
Commercial air transport is separated by the FAA into
private, corporate,and airline.
scheduled airlines,scheduled commuter,and nonscheduled.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
4/8
propeller,light jet,and heavy jet.
0 / 2 pts
Question 8
Incorrect
Incorrect
The "narrow"perspective of corporate stakeholders focus primarily
on
productivity.
total travel miles.
costs.
2 / 2 pts
Question 9
What happens to the total cost per hour as utilization increases?
Increases.
Decreases.
Remains the same.
2 / 2 pts
Question 10
Annual Aircraft Operating Costs
Determine the approximate Total Variable Cost with the following data for
a utilization level of 320ight hours.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
5/8
Variable Cost ....$1,533
Fixed Cost .........$330,000
$331,533
$490,560
$663,066
2 / 2 pts
Question 11
Annual Aircraft Operating Costs
Determine the difference inTotal Costs if you increased utilization
50hours above the anticipatedlevel of 320ight hours.
Variable Cost ....$1,533
Fixed Cost .........$330,000
$45,990
$61,060
$76,650
2 / 2 pts
Question 12
Often individuals select a method of on-demand travel based on
recommendation from an acquaintenance.
input from sales broker.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
6/8
careful market research.
2 / 2 pts
Question 13
It is important for the ight department manager to be aware that
company culture
rarely changes with new management.
has the potential to change over time.
is driven by employee trust.
2 / 2 pts
Question 14
Which is an example of a xed cost?
Fuel expenses.
Catering expenses.
Hangar expenses.
2 / 2 pts
Question 15
All methods of on-demand air transportation should be viewed as
a potential travel solution for the company.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
7/8
the end goal for moving executives.
too costly and only independantly considered after when a
selection must be made.
0 / 5 pts
Question 16
Your Answer:
(Refer to the Class Project Excel le:City-Pair Analysis Tab)
Selectthe new HondaJetHA-420from the drop down and place it
in the input eld.What is the estimated utilization (hours) to
complete all company travel (including the expansion into
Oklahoma)?
According to my calculations, it would be around 186.2 hours of total
ight time.
353.3 hours
4 / 5 pts
Question 17
Your Answer:
(Refer to the Class Project Excel le:City-Pair Analysis Tab) How
many city pairs are included for the currenttravel of the Chief
Operations Ocer?
There are 22 city pairs for the current travel of the chief of operations to
include the expansion into Oklahoma.
1/31/24, 11:42 AM
Quiz: Determining the Need: AVIA360: Corporate and Business Aviation (D03)
https://canvas.liberty.edu/courses/513212/quizzes/2592833
8/8
Twenty is the current city-pair number. The departure
location airport and the expansion airport does not count.
10 / 10 pts
Question 18
Your Answer:
Use a minimum of two paragraphs to explain the four different
business orientations and how each might benet from on-
demand travel.
There are four main types of business orientations which are different.
The different types are production, product, marketing, and sales. Each
type of orientation creates its own goal and mission to ensure that the
business becomes and continues to be successful in its own right.
However, the underlying goal and mission of the business is what
determines which of these orientations will best suit them and which one
to focus on and serve them better in the long run. Having on-demand
travel will ensure that the orientation is met and the business or
organization will be successful.
Quiz Score: 40 out of 50
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