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Joe and Mike applied for a managerial position with a company. After their interviews, they compared notes and found that they had been asked the same questions. In the context of the given scenario, they had been subjected to a(n) _____ interview.
Yield Management
A pricing strategy used in industries with fixed capacities, such as hotels and airlines, to maximize revenue through the manipulation of prices based on demand.
Variable Costs
Costs that vary directly with the level of business activity.
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