During off-season,the Rues Hotel offers a 25 percent reduction on its rooms to attract guests.Given this information,which of the following is illustrated in this scenario?
A) The power of yield management systems
B) The advantage of markup pricing
C) The relationship between price and quality
D) The use of price as a promotional tool
Correct Answer:
Verified
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Q54: Unlike niche-oriented shopping bots,broad-based shopping bots:
A)give pricing
Q55: Which of the following statements is true
Q56: Which of the following is a limitation
Q57: Which of the following is an impact
Q60: Dynamic pricing is used to:
A)implement bait pricing
Q61: Unlike even-numbered prices,odd-numbered prices:
A)make consumers feel they
Q66: _ is a pricing policy whereby a
Q104: _ is a price tactic in which
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