Hotels that cater to business travellers have more expensive rates during peak usage times (weekdays) and discount rates for slower times (weekends and holiday periods). Which pricing objective does this illustrate?

a. patronage-oriented
b. revenue-oriented
c. supply-demand
d. operations-oriented

Ans: d. operations-oriented

Business

You might also like to view...

For their ERP implementations, some businesses ________ the server and the database environment

A) develop B) outsource C) use D) offshore

Business

If you are a risk-averse investor

You are thinking of adding one of two investments to an already well diversified portfolio. Security A Security B Expected return = 12% Expected return = 12% Standard deviation of returns = 20.9% Standard deviation of returns = 10.1% Beta = .8 Beta = 2 A) security A is the better choice. B) security B is the better choice. C) either security would be acceptable. D) cannot be determined with information given.

Business