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docker41 [41]
3 years ago
12

Peak demand for rooms at the Phoenician, an upscale hotel in Scottsdale, Arizona, occurs during the tourist season from November

through mid-April. During the summerslow season when demand for rooms drops considerably, the Phoenician encourages local residents to experience the beauty of the hotel on weekends by offering attractively priced weekend packages. The Phoenician uses which of the following strategies for shifting demand to match capacity?
A. Differentiate on price
B. Modify timing and location of service delivery
C. Vary the service offering
D. Stretch capacity
E. Communicate with customers
Business
1 answer:
topjm [15]3 years ago
5 0

Answer:

A) Differentiate on price

Explanation:

Differential pricing strategies involve charging different prices to different customers depending on their willingness and ability to pay. In this case, the hotel charges more during peak season because it has a lot of potential customers willing and able to pay high prices. But then when the demand falls, they will charge a much lower price to local residents since they are probably not willing to pay high prices. This way the hotel can still function during the rest of the year.

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Identify the consequences of having dissatisfied employees and describe ways of applying the four theories of job satisfaction a
goldenfox [79]

Answer:

Dissatisfied workers lead to lack of motivation, poor attitude and lack of productivity.

Explanation:

The consequences of having dissatisfied workers include to job stress, lack of motivation, poor attitude, lack of productivity and increase in employee  turnover rates.

Job satisfaction theories aims to identify factors influencing job satisfaction and how employee job satisfaction can be increased. Job satisfaction theories are Maslow’s Needs Hierarchy Theory, Herzberg’s Motivator-Hygiene Theory, Job Characteristics Model and Dispositional Approach. Job satisfaction theories are essential because it helps in knowing what motivates workers and how productivity can be increased at the workplace.

Extrinsic motivation are external sources of motivation such as title, financial rewards, power, fame and status while Intrinsic motivation are internal motivation sources such as learning and growth, service and duty, achievement of goals etc. Intrinsic and extrinsic motivation are essential in motivating employees in order for them to achieve organizational goals, be creative and have a good attitude towards their job.

8 0
3 years ago
In each of the following situations, what type of unemployment is Melanie facing? Explain.a. After completing a complex programm
arlik [135]

Answer:

A. Frictional Unemployment

B. Structural Unemployment

C. Cyclical Unemployment

Explanation:

A. Frictional Unemployment refers to people moving between jobs which is the case for the first scenario

B. Structural Unemployment is a type of unemployment when structure of the economy changes and outsourcing also comes under this

C. Cyclical Unemployment is caused by the movements of business cycle people are laid off when economy is facing recession i.e decrease in investment.

7 0
3 years ago
What is gross profit
astra-53 [7]
Gross profit is net sales minus the cost of goods sold. It reveals the amount that a business earns from the sale of its goods and services before the application of additional selling and administrative expenses.
6 0
3 years ago
Read 2 more answers
Which type of lender is most likely to charge the highest interest rate?
jenyasd209 [6]

Answer:

<u>B</u>

Explanation:

Unlike the other options, <u>payday lenders</u> are not official lenders operating under federal laws. This enables them to charge high interest rates as they wish.

4 0
2 years ago
A budget is a system that _____.
never [62]

Answer:

A.

keeps track of money that is earned and spent

Explanation:

B.

helps people make more money is incorrect, because a budget is not always a good thing- I can budget 7 million dollars for a new house, but that doesn't necessarily change the fact I won't be able to pay it off ever.

C.

moves money from a checking account to a savings account-

this is not always the case, and a budget itself won't move the money, but this may be an aspect of a budget.

D.

helps automatically pay bills-

It helps pay bills, just not automatically.

Therefore, by the process of elimination, the answer is A.

3 0
3 years ago
Read 2 more answers
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