This Type of Structure Can Implement Strategies That Will Improve

question 30

Multiple Choice

This type of structure can implement strategies that will improve guest satisfaction or reduce costs by finding quicker or better ways of doing something.

• A) Project structures
• B) Work team structures
• C) Independent business units
• D) Integrated work teams

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Definitions:

Perishable Seats

Refers to seats in service industries (like airlines or event management) that cannot be sold after a certain time, leading to potential revenue loss.

Yield Management

A variable pricing strategy based on understanding, anticipating, and influencing consumer behavior to maximize revenue or profits, especially in airline and hotel industries.

Aggregate Planning

A process in operations management aimed at determining optimal production levels, inventory levels, and workforce levels, to meet predicted demand over a medium-term horizon.

Perishability Of Inventory

refers to the characteristic of goods that causes them to become unsellable after a certain period, requiring careful stock management to minimize losses.