An Ocean Carrier's Goal of Maximizing Total Revenue of the Entire

question 129

Multiple Choice

An ocean carrier's goal of maximizing total revenue of the entire ship by offering very competitive rates that cover their variable costs and then increasing rates according to what the traffic will bear is referred to as:

• A) any-quantity service rate
• B) value of service rate
• C) limited service rate
• D) incentive rate

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Definitions:

Motivation

The psychological drive or energy that initiates, guides, and maintains goal-oriented behaviors.

Social Alternatives

Other forms of engaging with community or activities that do not involve the initial behavior being modified or avoided.

SMART Criteria

A set of guidelines for setting clear, achievable goals, standing for Specific, Measurable, Achievable, Relevant, and Time-bound.

Goals

Objectives or desired outcomes that individuals set for themselves, aiming to achieve through specific actions or strategies.