Describe what the term "yield" means in the context of a reservation strategy
What will be an ideal response?
The term "yield" refers to the average revenue received per unit of capacity. Firms should aim to maximize this yield to enhance profitability. Yield analysis forces managers to consider the opportunity cost of selling capacity for a given date to one customer segment when another might yield a higher rate. Reservation systems can provide the detailed information necessary to support an optimal strategy from both a historical perspective and current updates.
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What is the relationship of the Sharpe ratios and risk premiums between stocks and options?
What will be an ideal response?
A difficult skill for a team leader to learn is knowing when to ________
A) show interest in the team. B) retain control C) leave the team alone D) abandon the team