Which of the Following Is the Correct Action for a Firm

question 4

Multiple Choice

Which of the following is the correct action for a firm to take that wants to reduce demand and has insufficient capacity?

• A)Take no action.
• B)Consider override for most desirable segments.
• C)Consider priority systems for most desirable segments.
• D)Increase prices or encourage use in other time slots.
• E)Lower prices selectively.

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Definitions:

Affordability

The degree to which something is financially viable or within one's financial means, often used in reference to budgeting and financial planning.

Legality

The state or condition of being in accordance with the law.

Employee Attraction

The strategies and efforts employed by organizations to appeal to potential employees and encourage them to apply for vacancies.

Reward Strategy

The design, implementation, and maintenance of a system that values and recognizes employees' contributions towards organizational goals, through both financial and non-financial rewards.