How does the airline industry implement the yield management pricing strategy?
What will be an ideal response?
Using yield management pricing, firms charge different prices to different customers in order to manage capacity while maximizing revenues. The airline industry recognizes that some customers will pay top dollar for an airline ticket while others will travel only if there is a discount fare; the airlines' pricing structure reflects this.
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Which of the following statements concerning selling in England is true?
A) The British consider it rude to discuss business after the business day. B) You should expect a quick decision on the part of the client. C) The British appreciate very informal introductions. D) Critiquing the competition's offering is acceptable. E) The British tend to be very expressive and casual.
Individuals and groups will develop formal alliances that are informally structured and organizationally determined
Indicate whether the statement is true or false