Yield management pricing is most consistent with services trying to deal with
A)perceived risk.
B)capacity management.
C)cognitive dissonance.
D)inelasticity of demand.
E)new product strategy development.

Question

Quizplus · Accepted Answer

Yield management pricing is a strategy that helps businesses to effectively manage their capacity by adjusting prices in response to changes in demand. It is commonly used by service industries such as airlines, hotels, and car rentals to optimize their revenue by adjusting prices based on the demand for their services. Therefore, option B is the most consistent with yield management pricing.

Yield Management Pricing Is Most Consistent with Services Trying to Deal