Which of the Following Is Critical to Effective Yield Management

question 33

Multiple Choice

Which of the following is critical to effective yield management?

• A)one-price pricing
• B)forecasting
• C)capacity flexibility
• D)constant demand
• E)trained service personnel

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Definitions:

Objective Environmental Stimulus

A physical event or change in the environment that can be measured and observed independently of individual subjective experiences.

Fight or Flight

A physiological response to perceived harmful events, attacks, or threats to survival, activating the sympathetic nervous system to prepare the body for fleeing or fighting.

Nonhuman Animal Behaviors

The study of behaviors exhibited by animals other than humans, including instinctual and learned actions.

Social Readjustment Rating Scale

A scale that measures the stress load individuals carry and how stress impacts health, by scoring life events.