A Continuing Problem for Most Minor League Baseball (MiLB)teams Is

question 27

Multiple Choice

A continuing problem for most Minor League Baseball (MiLB) teams is low attendance.Event and venue sponsors want to see fans in the stadiums,and the players appreciate fan support.Given this information,which pricing strategy would you recommend MiLB teams use?

• A) operations-oriented pricing
• B) peak profitability pricing
• C) patronage-oriented pricing
• D) supply-demand pricing
• E) revenue-oriented pricing

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Definitions:

Commission Percentage

The portion of sales revenue that is paid to an individual or entity as compensation for sales efforts, usually expressed as a percentage of the sale price.

Financing

The process of providing or securing funds necessary for a project, purchase, or venture.

Oral Communication

The process of expressing information or ideas through spoken words.

Undesirable Emotions

Feelings or emotional states that are generally considered negative or unpleasant, such as sadness, anger, or fear, which people often seek to avoid or manage.