Yield Management Systems Are Best Used to Maximize Revenue from a ________

question 2

Multiple Choice

Yield management systems are best used to maximize revenue from a ________, _______ resource.

• A)fixed; nonperishable
• B)fixed; perishable
• C)variable; nonperishable
• D)variable; perishable

---

Definitions:

Department

A distinct area, division, or branch of an organization with specific roles or functions.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.

Cash Flow Statement

A financial document detailing the inflow and outflow of cash in a business, thereby indicating its operating, investing, and financing activities over a period.

Statement of Equity

A financial document that outlines the changes in the equity section of the balance sheet during a certain period, including profits retained in the business, dividends paid, and equity capital injections.