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When a Firm Varies Its Price by the Season, Month

question 126

Short Answer

When a firm varies its price by the season, month, day, or even hour, it is using ________ pricing.
revenue management
penetration
skimming
time-based
value-added


Definitions:

Capital Gains

Profit earned from the sale of assets like stocks or real estate, where the sale price exceeds the purchase price.

Ordinary Income

Income earned from standard operations of a business or through wages, as opposed to capital gains or investment income.

Profitability of Operations

An assessment of how efficiently a company generates profit from its core business activities, excluding peripheral activities.

EBIT

An indicator of company profit, Earnings Before Interest and Taxes, which omits the costs related to interest and taxes.

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