Risk Management
The Role of the GA Service Center
Management Functions
Marketing
Profits, Cash Flow, Financing
100
This is a formalized way of dealing with hazards.

Risk Management

100

A service center for the GA system is called a

Fixed base operator

100

This is getting things done through others.

Management

100

These are the 4 Ps.

Product, Price, Place, Promotion

100

The worst source of business financing is this.

Credit cards

200

Tires worn to the cords are an example of

A hazardous condition

200

The first airmail service began on September 23 of this year.

1911

200

Tasks can be prioritized using one of these.

Important Urgent Matrix

200

Purchasers want to buy these products frequently with little effort.

Convenience goods

200

This is how Roy Grumman raised his portion of the financing to start Grumman.

Mortgaged his house.

300

These publications provide non regulatory information meant to help you comply with 14 CFR.

Advisory Circulars

300

The Airline Deregulation Act was passed in this year. 

1978

300

The average manager gets interrupted this often.

Every 8 minutes

300

Cost * (Markup+1) is this type of pricing.

Cost Based

300

This is why businesses exist.

To make money.

400

Risk Assessment can be done using a

Risk Assessment Matrix

400

The GA Revitalization Act was passed in this year.

1994

400

This is why most people start an aviation business.

They like planes.

400

Charging whatever the market will bear is this kind of pricing.

Demand Based

400

Companies participate in charitable causes because of this concept.

Social Responsibility

500

Deliberately deviating from a regulation is a

Violation

500

This organization represents GA manufacturers.

GAMA

500

This type of leader leaves all decisions up to the group.

Delegative

500

Pricing based on what your competition is charging is this.

Price Based

500

These provided Grumman with long term cash.

Navy contracts.

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