Which of the Following Has Been Credited for Increasing the Speed

question 40

Multiple Choice

Which of the following has been credited for increasing the speed and sophistication of room-rate yield or revenue maximization?

• A) Internet bookings
• B) Knowledgeable customers
• C) Yield management software
• D) An experienced management team
• E) Only a and c

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Definitions:

Federal District Court

The general trial courts of the United States federal court system, where civil and criminal cases are filed.

Long-Arm Statutes

Laws that allow a court in one jurisdiction the power to exercise jurisdiction over a defendant from another jurisdiction, provided that the defendant has sufficient connections with the area.

Minimum Contacts

A legal principle that determines the ability of a court to exercise jurisdiction over parties, based on their connection to the place where the court is located.

Diversity-of-Citizenship

A legal concept allowing federal courts to hear cases where parties are citizens of different states or a citizen of a state and a foreign country, meeting certain jurisdictional value thresholds.