Which of the Following Is Critical to Effective Yield Management

question 33

Multiple Choice

Which of the following is critical to effective yield management?

• A)one-price pricing
• B)forecasting
• C)capacity flexibility
• D)constant demand
• E)trained service personnel

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Definitions:

Organizational Structure

The way in which a company or organization is arranged, including the divisions, roles, and responsibilities to ensure its operations.

Marketing ROI

Return on Investment in marketing; a measure of the profitability and effectiveness of marketing efforts, comparing the gain from these activities to their cost.

Return on Investment

A financial metric used to evaluate the efficiency of an investment, calculated by dividing the profit from an investment by its cost.

Marginal Analysis

An assessment method used to examine the benefits and costs of an extra unit of consumption or production.