The Primary Purpose of Revenue Management Is To

question 40

Multiple Choice

The primary purpose of revenue management is to:

• A)increase profitability
• B)monitor hotel restaurant and room service orders
• C)sell more rooms at discounted rates
• D)assist the concierge with customer requests

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Definitions:

Available-For-Sale Securities

Available-for-sale securities are financial assets that a company intends to sell but is not obligated to do so, classified as neither held-to-maturity nor trading securities.

Held-To-Maturity Securities

Debt securities that a company intends and is able to hold until they mature.

Equity Method

An accounting method used to assess the investments made by a company in other companies, where the investment is significant but not controlling.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits.