Answer: Revenue management
Explanation: Revenue management is the process under which an organisation tries to analyze the consumer behavior. This analysis is further used for the objective of making product available in right quantities and at right price so that revenue could be maximized.
In the given case, the company is trying to influence demand by manipulating price, thus , they most be analyzing the relevant factors to do so.
Hence, we can conclude that this is an example of revenue management .
<span>In the question, the options are missing. So, here are the options;
A) Choose team members with similar backgrounds
B) Develop systematic procedures for the team to follow.
C) Demand that his team make decisions quickly
D) Make sure his team knows what outcomes he favors</span><span>
From the given options, the correct option is, "</span>B) Develop systematic procedures for the team to follow".
if we look at the other options, we see that having team members that are similar in background can lead to group think, similarly demanding quick decisions and having a strong leader who favors specific outcomes can also lead to group think. thus, B is the best choice among the given options. I hope this helps!
Answer:
Beneficiary
Explanation:
The person who gets the benefit in return for the trust is called the beneficiary.
Under this process, one person can make a profit due to the trust of the other person.
In the given question , Martin's trust will benefit given to his son Nathan.
So, Martin's son Nathan will be called the beneficiary.
