Which of the Following Characteristics Makes Revenue Management UNATTRACTIVE to Organizations

question 99

Multiple Choice

Which of the following characteristics makes revenue management UNATTRACTIVE to organizations that have perishable inventory?

• A)demand can be segmented
• B)service can be sold in advance of consumption
• C)capacity is easily changed
• D)variable costs are low and fixed costs are high
• E)demand fluctuates

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Definitions:

Performance Evaluation

An assessment process where an individual's or team's work outputs and efficiency are measured and reviewed against set goals or criteria.

Total Revenue

The total income generated by a company from its business activities, often from the sale of goods and services, before any expenses are subtracted.

Net Book Value

The value of an asset after accounting for depreciation and amortization, as recorded on a company's balance sheet.

Invested Capital

Funds invested by shareholders and debt holders in a company used for carrying out its operations and projects.