Some Companies Attempt to Maximize the Revenue They Receive from Fixed

question 69

Multiple Choice

Some companies attempt to maximize the revenue they receive from fixed operating capacity by influencing demands through price manipulation. This is an example of

• A)illegal price discrimination.
• B)collusion.
• C)volume analysis.
• D)revenue management.
• E)outsourcing.

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Definitions:

Cost-Leadership Strategy

A business approach focused on gaining a competitive advantage by minimizing costs while maintaining acceptable quality, aiming to offer the lowest prices in the market.

Digital Platform

A technology solution that connects users and providers, facilitating interactions or transactions over the internet.

Global Integration

The process of international interconnection and cooperation, through which businesses and economies around the world become more interdependent.

Centralized Arena

A concept or structure where decision-making and authority are concentrated at a single point, especially within an organization.