COMPLETION QUESTIONS Yield Management Systems

question 23

Essay

COMPLETION QUESTIONS
Yield Management Systems
Profit-Oriented
Volume-Oriented
Value
Price/Demand Elasticity
Fixed
Variable
Contribution Margin
Breakeven Point
Price Bundling
Pure Price Bundling
-A service's _____________ is the number of units of a service that need to be sold or the number of customers that need to be served to cover costs.

---

Definitions:

Continental Army

The revolutionary war army authorized by the Continental Congress in 1775, led by General George Washington, to fight against British rule during the American Revolution.

Declaration of Independence

A seminal document adopted on July 4, 1776, by the thirteen American colonies declaring their independence from British rule.

Treaty of Paris

The 1783 agreement that ended the Revolutionary War, recognizing American independence and granting significant land territories to the United States from Great Britain.

West Indies

A region in the Caribbean Sea comprised of numerous islands, divided into the Greater and Lesser Antilles.