Acronyms
COMMON MANAGERIAL ERRORS
Marketing
Profit and Cash Flow
Animal Trivia
100

What does TSA stand for?

Transportation Security Administration

100

What is a manager not having priorities?  

Lack of Priorities 

100

What is Marketing? 

Identifying customers needs and marketing them

100

What does ROI stand for? 

Return on Investment

100

How Many Bones does a Shark have?

0

200

What does FBO stand for?

Fixed Base Operator 

200

What is Poor Time Management? 

Inability to stay on task with schedules, etc... 

200

What are the 4 P's or Marketing? 

Product, Price, Place, Promotion 

200

What are Accounts Receivable? 

Customers still owning money after job is paid for 

200

How Many Legs does a Lobster have?

10

300

What does NTSB stand for? 

National Transportation Security Board 

300

What is Failure to Focus on Profit? 

Forgetting to focus on cash flow

300

What are 5 Types of Aviation Marketing Trends? 

Technology, Tort Reform, Terrorism, Encouraging New Pilots, Airport Closures etc...

300

What are the 4 Forms of Profit ?

Reward for Effort, Reward for Risk, Return on Investment, Profit to Sales Ratio


300

What is a Male Duck Called?

Drake
400

What does GA stand for? 

General Aviation

400

What is Failure to Establish and Adhere to Standards? 

Lack of respect, Not clearly setting boundaries 

400

What Percent of Aviation Marketing Makes up the Third Tier?

88-98%
400
What is the Calculation for Profit to Ratio? 

Net Profit/ Total sales 

400

What is a Group of Crows Called?

A Murder

500

What does FAA stand for?

Federal Aviation Administration 

500
What is one way to harm the growth of your company? 

What is Failure to Train, Develop, and Acknowledge Folks?

500

What some Unwanted Aviation Marketing Services?  

Unfriendly, Undesired Fuel Request, Not Enough services 

500

What is High Risk?

What is Low Risk?

High Reward

Low Reward 

500

What is a Group of Cats Called?

A Clowder

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