C5 - Managerial Economics
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C5 - Managerial Economics


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Page1Introduction12Background22.1 Theoretical Background 2.2The Background Of The Case Study 3Research Methodology73.1Research Questions3.2Research Design4Data Collection and Analysis104.1Data Collection4.2Data Analysis and Interpretation4.3Critical Analysis of the Research Findings5Conclusion155.1Summary Of Research Findings5.2RecommendationsReferences17The Hong Kong Civil Aviation Departments approval for reducing the commission for travel agents by airlines (Legislative Council, 2010) demonstrating the fact that airlines reduce their dependence on travel agencies as a distribution channel. The influencing factor in this context was remarked to be the increasing impact of online distribution channels in the region (Legislative Council, 2010). The paper intends to analyse the various

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