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In North America,companies Such as Expedia,Priceline and Hotels

Question 10

Multiple Choice

In North America,companies such as Expedia,Priceline and Hotels.com operate a merchant model where the companies buy the hotel rooms at wholesale and then mark them up and sell them retail.Wotif.com on the other hand operates on different system known as a:


A) margin-rates model.
B) competitor-based model.
C) mark-up based model.
D) commission-based model.

Correct Answer:

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