1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
1 year ago
9

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>

<u />

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:

brainly.com/question/14884122

#SPJ4

You might be interested in
Consider two spices, cumin and paprika, to be substitutes, a decrease in the supply of paprika, should cause an increase in the
makvit [3.9K]

Answer:

an increase in the price of both

Explanation:

A decrease in the supply of paprika would cause an increase in the price of both substitute goods. When the supply of paprika falls, the demand will be greater than what is available for sale and this would cause the sellers to raise it's price afterall it is now scarce.

Also as a substitute good, more people would begin to switch to buying cummin which would raise the demand for cummin. This increase in demand for cummin would then cause the price of cummin to go up.

3 0
3 years ago
When countries sell off state-owned enterprises and privatize them, it usually results in a(n)A. continuing drain on future natu
babymother [125]

Answer:

C. increase in modernization by new investors.

Explanation:

Privatization is the transfer of ownership of property or business owned by government to a private entity.

Privatization generates capital to be invested in strategic areas and help to reduce the continuing drain on future natural resources. The new private investors causes economic growth by modernizing the acquired property or business from the government.

5 0
3 years ago
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 Social Secu
Novosadov [1.4K]

Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

Payroll Journal

Particulars                            Debit                    Credit

Salaries                       $12,000  Debit

Federal Income taxes withheld                       2,500 Credit

Social Security & Medicare taxes withheld      900 Credit

Salaries Payable                                               $8,600 Credit

Unemployment taxes are paid by the employer . They are not deducted from the employees' wages . They include both the federal and state taxes.Social Security & Medicare taxes withheld $ 900 include the  Social Security & Medicare taxes  $ 900.

6 0
3 years ago
Hillary Clinton, as a presidential candidate, actively engaged in trying to persuade potential voters of her ideas and her worth
Troyanec [42]

Answer:

b. Promotion

Explanation:

This is a promotional marketing strategy. Promotional marketing is a strategy that aims to generate more value for a product or service, in order to build customer / audience loyalty. This is usually a sales strategy that can also be applied to political campaigns. Hillary's strategy was to use being the first possible US president as a differentiation from her campaign. This is a way of bringing a group of voters sympathetic to the idea proposed (female president) to the election campaign. This is reinforced by the proximity she sought in having structured meetings with voters.

7 0
3 years ago
A difference between people-processing services and possession-processing services is that possession-processing services:
Contact [7]

Answer:

b. do not require customers to enter the service factory.

Explanation:

Possession processing involves tangible services provided on property belonging to a customer. It involves activities like lawn mowing, cleaning services. The property that is recoevong the action must be present but the customer does not need to be.

In people processing on the other hand, the customer is present and services provided are intangible, knowledge based, and customised to each client. For example retail banking services.

3 0
3 years ago
Other questions:
  • 4. Which profession helps to make certain the workplace is safe? What do people in this profession do?
    12·2 answers
  • When entrepreneurs bring a new product to market or use a new production method, they are?
    5·1 answer
  • tAn employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
    12·1 answer
  • If a company uses a keystone price of $40 how much was the cost of the item to the company?
    5·2 answers
  • "Total revenue equals the price multiplied by the quantity. The relative change price and quantity is given by the concept of __
    14·1 answer
  • Crusher Company has provided the following data for maintenance cost:
    6·1 answer
  • Perry, a buyer for Superior Products Company, a manufacturer of bulletin boards and other office supplies, visits a lumberyard a
    7·1 answer
  • 4. What is a power machine's "throw"?
    13·1 answer
  • Waltham Distribution Company has determined its December 31, 2020, inventory on a LIFO basis at $200,000. Information pertaining
    14·1 answer
  • HELP PLEASE, 30 POINTS!! Cameron’s laptop no longer responds when he uses the keyboard or tracking pad. It most likely needs an
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!