The Purpose of Revenue Management Is to

question 11

Multiple Choice

The purpose of revenue management is to

• A)sell more rooms at discounted rates
• B)increase profitability
• C)assist housekeeping in scheduling
• D)monitor hotel restaurant and room service profitability

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Definitions:

Andrew Jackson

The seventh President of the United States (1829-1837), known for his policies regarding the Indian Removal Act and being a founder of the Democratic Party.

Racial Ideologies

involve systems of belief that attempt to categorize and value human beings based on perceived racial differences.

Economic Ideologies

Sets of beliefs and principles that outline how economies should be structured, including capitalism, socialism, and communism.

State versus National Sovereignty

A constitutional and political debate in the United States regarding the extent of powers and rights of individual states versus the federal government.