Yield Management Is Considered to Be a ________ Approach to Pricing

question 163

Multiple Choice

Yield management is considered to be a ________ approach to pricing.

• A) demand-oriented
• B) cost-oriented
• C) profit-oriented
• D) competition-oriented
• E) service-oriented

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Definitions:

Tariffs

Levies applied by a government on imports from foreign countries, typically to safeguard local industries.

United States

A nation situated in North America, recognized for its vast economy and varied populace.

Quantity Demanded

The aggregate quantity of a product or service that buyers are prepared to buy at a specified price within a certain timeframe.

Imports

Goods or services brought into a country from abroad for sale.