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1 year ago

Revenue management methodology can be applied in the case of nonperishable assets.

Business

1 answer:

algol131 year ago

4 0

Revenue management methodology can be applied in the case of nonperishable assets: <u>True</u>

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Revenue Management is a disciplined analytics method that predicts customer behaviour at the micro-level in order to maximise revenue growth and improve product availability and price. To put it another way, the main goal is to offer the right product to the right consumer at the right moment at the right price.

Fixed expenses are a part of any business. Regardless of the volume of company activities and the related revenue, they must be paid. Income management may be helpful in this situation since it can make sure that the costs are comfortably covered by preserving a sufficient revenue stream through constantly adjusted pricing and service offers. It leads to the best possible use of the resources at hand, such as the perishable inventory of hotel rooms, to produce the most amount of profit from the business.

To know more about revenue management refer here:

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2 years ago

Carter is the principal broker of a Missouri real estate branch office. Kathleen, a broker-salesperson, was appointed the superv

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<h3>Who is principal broker? </h3>

Note that in real estate office, there has to be a principal or designated broker. This is known to be an individual who is responsible for managing or the person who oversees all licensed real estate agents at a specific firm.

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1 year ago

The best way to negotiate for an increase in starting salary is to _____. a. try to ask other employees at the company what they

defon

The best way for you to negotiate an increase in starting salary is to research similar jobs, note what their starting pay is, and provide the list to your boss. Most jobs will match what other people are paying because they need employees. The best way to lose your job right off the bat is to tell your boss that he is a cheapskate. I do not advise this.

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3 years ago

Chuck has $2,500 invested in a bank that pays 4% annually. The length of time it will take for his funds to double is closest to

Arada [10]

Answer:

The answer is 17.67 years.

Explanation:

Present value is $2,500

Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)

Interest rate is 4%

Number of years or periods to reach this $5,000 is unknown. So we are looking for this.

To compute this number of periods, lets use Financial calculator.

I/Y = 4; PV= -2,500; FV= 5,000; CPT N= 17.67 years.

Therefore, the number of years to accumulate to $5,000 is 17.67 years

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3 years ago