Industries in Which Quadrant of the Yield Management Matrix Are

question 97

Multiple Choice

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words, in which quadrant are yield management techniques easiest to apply?)

• A) Use tends to be predictable and price tends to be fixed.
• B) Use tends to be predictable and price tends to be variable.
• C) Use tends to be uncertain and price tends to be fixed.
• D) Use tends to be uncertain and price tends to be variable.
• E) Use tends to be unpredictable and price tends to be semi-fixed.

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Definitions:

Cent

A small unit of currency, constituting one-one-hundredth of a primary currency unit, used in numerous countries worldwide.

Significant Figures

The digits in a number that are meaningful in terms of accuracy or precision, often used in scientific measurements.

Percent

A unit of measure used to express a ratio as a fraction of 100.

Real Estate Salesperson

A licensed individual who is authorized to conduct real estate transactions on behalf of sellers or buyers.