Service Companies Such as Hotels and Concert Halls Offer Premium

question 38

Multiple Choice

Service companies such as hotels and concert halls offer premium and economy rooms and seats under different price ranges.This technique is an illustration of which of the following yield management strategies?

• A)overbooking
• B)adjusting prices to augment demand
• C)annualized hours strategy
• D)using different fare classes to partition demand

Understand the legal and ethical considerations around drug testing in the workplace.

Grasp the essentials of the Workplace Hazardous Materials Information System (WHMIS).

Comprehend the duties and rights of employers and employees under occupational health and safety regulations.

Understand the scope and definition of occupational injuries and workplace safety.

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Definitions:

Human Capital

The collective skills, knowledge, and experiences of an organization's or society's workforce, considered as an asset or economic value.

Employment Discrimination

The unfair treatment of employees or job applicants based on characteristics such as race, gender, or age, rather than job performance or qualifications.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Similar Productivity Characteristics

Attributes that enable different firms or workers to produce outputs at comparable rates, efficiency levels, or with similar resource requirements.