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.

---

Definitions:

Intangible Assets

Non-physical assets that have value, such as trademarks, patents, copyrights, and goodwill.

Patents

Legal documents granting exclusive rights to inventors for their inventions, protecting them from unauthorized manufacturing or selling.

Copyrights

Legal rights granted to the creators of original works, protecting them against unauthorized use or reproduction.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, ultimately revealing the company's net profit or loss.