Many Colleges and Universities Practice Yield Management

question 113

Multiple Choice

Many colleges and universities practice yield management. As a result, they offer different financial aid packages to different students. One result of yield management is that colleges often

• A) offer a less generous financial aid package to students who apply for an early admission decision.
• B) offer a more generous financial aid package to students who apply for an early admission decision.
• C) offer a less generous financial aid package to students with relatively high family incomes.
• D) offer a less generous financial aid package to students who don't participate in many extracurricular activities when they are in high school.

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Definitions:

Global Equality

The principle of ensuring fair treatment, access, and opportunity for all people around the world, regardless of nationality, ethnicity, gender, or other characteristics.

Globalization

The method of engaging and combining efforts among individuals, corporations, and state entities globally, typically propelled by global commerce and investment, and facilitated by advancements in information technology.

Hegemony

The dominance of one group over others, often exercised through cultural, economic, or political means, leading to widespread acceptance of the dominant values.

Bourgeois Class

The social class that came to own the means of production during modern industrialization, typically referring to the middle and upper classes in capitalist societies.