Which of the Following Was Not Listed as a Principle

question 51

Multiple Choice

Which of the following was not listed as a principle that applies to setting up categories to manage rates at a hotel?

• A) Each category should have a reasonable volume of activity.
• B) Limit the total number of transient rate categories to no more than six or so.
• C) Group business should have a separate hierarchy of buckets to allow the operator to track pickups of room blocks.
• D) All of the above were listed in the article.
• E) Only a and c were listed in the article

---

Definitions:

Mutual Interdependence

A situation in oligopoly markets where the actions of one firm significantly impact the actions and profits of other firms in the market.

Advertising Expenditures

The amount of money spent on promoting products, services, or brands through various media channels.

Product Differentiation

Differentiating a product or service to enhance its appeal to a certain demographic within the market.

Differentiated Oligopoly

An oligopoly in which firms produce a differentiated product.