When Hotels Drop Their Rates on the Weekends, This Form

question 135

Multiple Choice

When hotels drop their rates on the weekends, this form of price discrimination is known as ________ pricing.

• A) channel
• B) image
• C) product-form
• D) time
• E) location

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

HRM Process

A series of strategic procedures and policies implemented by the Human Resources Management department to recruit, train, evaluate, and manage an organization's employees.

Quid Pro Quo

A Latin term meaning "something for something," which refers to a mutual agreement where something is given in exchange for something else.

Sexual Harassment

Behaviour of a sexual nature that affects a person’s employment situation.