What are the various components of an airline revenue management system? Describe the function of each one
What will be an ideal response?
• The pricing and accounting system: This handles ticket data, published fares, and pricing rules.
• The aircraft scheduling system: This handles flight schedules based on customer demand.
• The inventory management system: This handles bookings, cancellations, and changes in departure data.
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Universal Appliance prices its refrigerators at five distinct price levels based on finish, style, capacity, and features. They range from $799 to $9,500. This is an illustration of price steps
Indicate whether the statement is true or false
The ________ responsibility holds that a business should be responsible for incorporating the end results of its products back into the productive cycle.
Fill in the blank(s) with the appropriate word(s).
The impact on a firm's income resulting from a change in the number of units sold can be assessed by multiplying the unit contribution margin by the change in units sold assuming that fixed costs remain the same
Indicate whether the statement is true or false
Combinations of the marketing mix that reflect the unique attitudes, ancestry, communication preferences, and lifestyles of different races are referred to as ________ marketing programs.
A. multicultural B. panethnic C. regional D. cross-cultural E. generational