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Explain why forecasting is important to revenue management.
Crisis
A critical or precarious situation that requires immediate attention and action to prevent or mitigate damage or disaster.
Disaster
A sudden, catastrophic event causing significant damage, disruption, and potentially loss of life.
Recognizing Possibilities
Identifying and understanding potential opportunities or solutions that could be beneficial in various contexts.
Ethical Dilemma
A situation where one faces a decision between two morally correct actions that conflict in some way.
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