Examlex
Which is the following is the most widely used sociological method?
Revenue Management
Is the practice of strategically controlling inventory and pricing to maximize revenue, commonly used in industries like hotels, airlines, and hospitality.
Available Supply
The quantity of goods or materials in stock that is ready to be sold or distributed.
Maximize Profits
Maximizing profits is the strategic goal of increasing a company's earnings to its highest possible level by optimizing revenue streams and reducing costs.
Differential Pricing
The strategy of selling the same product to different customers at different prices.
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