Revenue Management Methodology Was Originally Developed for A(n)

question 35

Multiple Choice

Revenue management methodology was originally developed for a(n)

• A)cruise line.
• B)airline.
• C)car rental company.
• D)hotel chain.

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Definitions:

Capital Account

In macroeconomics and international finance, a component of the balance of payments that records all transactions involving the purchase or sale of assets.

Ownership Interest

A stake or share in a company or asset, representing the rights and financial involvement of the owner.

Additional Partner

An individual or entity that joins an existing partnership, contributing capital and sharing in the profits and losses.

Contribution

The portion of sales revenue that exceeds variable costs, contributing towards covering fixed costs and generating profit.