Matching demand for theatre seats to the number of people wishing to see a movie can be attempted by raising prices at peak movie attendance times and decreasing them during times when attendance is typically low. Focusing on coordinating supply and demand by varying prices is what type of pricing objective for service firms?

a. patronage-oriented
b. equity-oriented
c. revenue-oriented
d. operations-oriented

Ans: d. operations-oriented

Business

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Tanya wants to take the day off. She has no earned time and would, therefore, need to take the day without pay. Tanya is willing to do this

Her supervisor must determine whether granting such a request would be fair to other employees. Of the seven elements of a successful negotiation, this is an example of exploring options. Indicate whether the statement is true or false.

Business

The Economic Freedom Index indicates that economic freedom is positively correlated with all of the following EXCEPT ________

A) life expectancy B) literacy C) environmental sustainability D) diversity

Business