Which of the Following Statements Is True About Yield Management

question 4

Multiple Choice

Which of the following statements is true about yield management systems (YMS) ?

• A)​Theyare used to eliminate the problem of simultaneous production and consumption from services.
• B)They are can be used only in service industries.
• C)They are complex pricing systems used to establish price equilibrium.
• D)​They are used to make profitable use of the unused capacity of perishable goods.

Acknowledge the contributions of pioneers in the field of social work and community service.

Understand the concept of synergy in close-ended groups and its impact.

Learn the similar steps in planning and implementing educational, treatment groups, and individual client interventions.

Identify the criteria for member selection based on presenting concerns and needs.

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Definitions:

Leasing

A financial arrangement where one party pays another for the use of an asset for a specific time period.

Buying

The process of acquiring goods, services, or financial assets in exchange for money or other assets.

Relatively High Tax Brackets

Tax categories that are higher than average, typically applying to individuals or entities with significantly high income or profits.

Lessor Firms

Companies that lease or rent out assets or properties to others under a contractual agreement.