The Purpose of Revenue Management Is to

question 34

Multiple Choice

The purpose of revenue management is to

• A) sell more rooms at discounted rates
• B) assist housekeeping in scheduling
• C) monitor hotel restaurant and room service profitability
• D) increase profitability

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Definitions:

Scuba Divers

Individuals trained to dive underwater using self-contained underwater breathing apparatus (SCUBA) for various purposes, including exploration, research, and recreation.

Underwater

Underwater refers to being submerged in water, or to the condition of owing more on a loan than the value of the property securing it.

Primacy Effect

A cognitive bias that results in a person remembering the first pieces of information encountered better than information presented later on.

Interviewed

The process of asking questions and obtaining answers from someone, especially for research or journalistic purposes.