Examlex
Which statement is false?
Yield Management
A pricing strategy used by companies to increase revenue by considering both the price and the inventory available to meet demand.
Service Capacity
The maximum amount of service that can be provided by a business or service provider in a given period.
Service Demand
The need or desire for professional services, which can vary based on factors like consumer preferences, trends, and economic conditions.
Product Development Process
The sequence of steps from initial concept to market launch that a company follows to create and introduce a new product.
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