An effective revenue management tactic when faced with seasonal peaks is to charge a
A) high price during the peak period and a higher price during off-peak periods.
B) higher price during the peak period and a lower price during off-peak periods.
C) lower price during the peak period and a higher price during off-peak periods.
D) low price during the peak period and a lower price during off-peak periods.
Answer: B
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Which of the following disaster recovery techniques may be least optimal in the case of a disaster?
a. empty shell b. mutual aid pact c. recovery operation center d. they are all equally beneficial
Cost information for short-run decision making focuses on
a. what happened. b. what is happening. c. what will happen. d. why it happened.
Phillip is on his way to work when he realizes he has a flat tire. He swings into Discount Tires and has a new tire installed. Phillip's purchase of a new tire in this situation is considered to be
A. a shopping good. B. a convenience good. C. an unsought good. D. a specialty good. E. an industrial good.
According to Kant's theory of universalizability, the ethical worth of an act is determined by whether a person:
a. would want such a rule applied to minority members of society. b. would want everyone to perform in this manner. c. could get away with such an action. d. could live with the results of such an action.