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
AlekseyPX
3 years ago
7

One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck.

There is a website where independent interstate truckers can look for loads that they can carry with them on their return trip. Because the trucks would be returning empty (and inefficiently), truckers who use this website to get business that they would not have had without it and charge a reduced shipping rate. This reduced rate is an example of:
Business
1 answer:
Leno4ka [110]3 years ago
3 0

Answer:

Yield management pricing.

Explanation:

One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck. However, there is a website where independent interstate truckers can look for loads that they can carry with them on their return trip. Because the trucks would be returning empty (and inefficiently), truckers who use this website to get business that they would not have had without it and charge a reduced shipping rate. This reduced rate is an example of yield management pricing.

Yield management pricing can be defined as a pricing strategy which typically involves having a variety of charges (prices) for the services being provided by an organization at a specific period of time.

Simply stated, it basically involves providing a service at the right price, time and to the right service taker.

The yield management pricing strategy is mostly used by the airline, hotel, travel businesses. The main purpose of the yield management pricing is to maximize profits or generate more revenue.

You might be interested in
Maria works as a tutor for $10 an hour and as a waitress for $14 an hour. This month, she worked a combined total of 83 hours at
Katena32 [7]

Answer:

$ (-4t+872)

Explanation:

Earning for 1 hour as a tutor= $10

Earnings for 1 hour as a waitress= $14

Total hours worked in the month combined jobs= 83 hrs

Number of hours worked as a tutor for the month= t

Finding the number of hours worked as a waitress for the month= 83-t  hours

Total amount earned that month = amount earned as a tutor+ amount earned as a waitress

Amount earned as a tutor= $10 × t = $10t

Amount earned as a waitress= $14× (83-t)= $ (1162-14t)

Total amount earned combined= $ 10t + $ (1162-14t)

                                                   =$ ( 10t-14t +1162)

                                                   = $ (-4t+872)

4 0
3 years ago
Your company expects to pay 5,000,000 Japanese yen 90 days from now. You decide to hedge your position by buying Japanese yen fo
Kitty [74]

Answer:

$47,500

Explanation:

The computation of the dollars amount for meeting the obligation is shown below:

= Expected amount to pay × forward rate

= 5,000,000 × $0.0095

= $47,500

We simply multiply the Expected amount to pay with the forward rate so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
A firm characterized as a price-taker:
ololo11 [35]

Answer: Option E

Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.

If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.

Hence from the above we can conclude that the correct option is E.

3 0
4 years ago
Discuss about Financial System and its impact on the strategic Financial Management <br><br>​
klio [65]

Answer:

The modern Financial System is based on a central bank that controls the monetary base (but not the money supply), and in fractional reserve banking. The implicaton of this, is that banks loan out some of the money that they obtain as deposits, and in this process they create money.

Explanation:

The Financial System is influenced by this process of money creation, because when the money that circulates in the economy (the money supply) changes, interest rates also change.

Interest rates are the price of investment, and the most important indicator that a financial manager has to take into account when making a financing decision.

Financial managers must also take into account the different types of financial institutions that exist, from hedge funds, to commercial banks, to cooperatives, and the different types of securities, from stocks, to bonds, to derivatives and futures.

5 0
3 years ago
The first step of the financial planning process is to: A. develop financial goals. B. implement the financial plan. C. analyze
Serga [27]
The answer is C. analyze your current personal and financial situation
6 0
3 years ago
Read 2 more answers
Other questions:
  • Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of $1,850. The tax ra
    7·1 answer
  • ________ is the idea that organizations tend to be more effective when they are structured to fit the demands of the situation.
    6·1 answer
  • On January 1, you sold one February maturity S&amp;P 500 Index futures contract at a futures price of 2,422. If the futures pric
    12·1 answer
  • In supplier selection, the main idea is to find the highest-quality materials available.
    10·1 answer
  • If you are trying to move your audience to do something, you should choose which organizational style?
    13·1 answer
  • The Van Horns (buyers) and the Simpsons (sellers) have closed escrow on their real estate transaction. Who handles the completio
    9·1 answer
  • Brad Alder was suspended from Washburn State University because he was arrested over the weekend for public drunkenness. Washbur
    15·1 answer
  • An American buys a pair of shoes made in Italy. How do the U.S. national income accounts treat the transaction? Net exports and
    15·1 answer
  • Skeeter's Skeeball Castle has seen its business slow down ever since Kerrie's Off-Key Karaoke opened up next door. Since the ope
    14·1 answer
  • present value of bonds payable; premium moss co. issued $740,000 of four-year, 12% bonds, with interest payable semiannually, at
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!