Revenue management adjusts the pricing and available supply of assets to maximize profits.

Question

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Revenue management involves using pricing and supply strategies to optimize revenue and profitability, making A the correct answer. This approach is commonly used across various industries, including transportation, hospitality, and retail, to name a few. By leveraging this practice, companies can increase revenue, improve customer satisfaction, and gain a competitive edge.

Revenue Management Adjusts the Pricing and Available Supply of Assets