Business optimization Study guides, Class notes & Summaries

Most common reason a property fails to sell is - Answer- price Matching human needs with goods or services to meet those needs is the process of - Answer- marketing _____________________ is a key personality trait of a successful agent - Answer- problem solving 3 Ways Sales Agents Add Value to the Buying Process - Answer- Counseling, Negotiating, and Managing the transaction Four P's of marketing real estate - Answer- product, promotion, price and place How can you know your prod...

FINAL EXAM HOSP 3100 QUESTIONS AND ANSWERS What is hotel Revenue Management? Explain your answer - ANS->>Selling the right product (suite, club etc.) to the right customer (what segment?) at the right time(lead time) for the right price(strategies) through the right channel (GDS, OTA, B etc.) with the best cost efficiency (margin, commission, labour); Optimizing revenue by using tools (reports, systems, recommendations, and competitive intelligence), experience and insight towar...

MNG3702_assignment_2_semester_1_2024_referencing_and_reference_list_included_at_this_ Question 1 Strategic management in business involves the comprehensive planning, execution, and control of organizational resources and initiatives to achieve long-term goals and objectives. It encompasses both leadership and management functions, as outlined in the provided question regarding Netcare. Leadership at Netcare: Leadership involves setting an unobstructed vision, inspiring and motivatin...

Traditional marketing Companies focus on finding customers by getting their marketing message in front of as many people as possible. Channels like billboards, TV ads, and cold calling. 2 fundamental problems: -technology is making these techniques less effective and more expensive -traditional marketing is interruptive and marketer-centric Inbound marketing Alternative to interruptive or outbound marketing. -All about empowering visitors, leads and customers with helpful, relevan...

Plug-In B3 Hardware and Software Basics True / False Questions 1. Volatility is a protected memory space created by the CPU allowing the computer to create virtual machines. True False 2. Complex instruction set computer chips limit the number of instructions the CPU can execute to increase processing speed. True False 3. A computer is an electronic device operating under the control of instructions stored in its own memory that can accept, manipulate, and stor...

Test Bank for MIS 10e 10th Edition by Hossein Bidgoli. ISBN-13: 8697 Full chapters test bank PDF Part 1: Fundamentals of Information Systems Chapter 1: Information Systems in Business 1-1 Computers and Information Systems in Daily Life 1-2 Computer Literacy and Information Literacy 1-3 The Beginning: Transaction-Processing Systems 1-4 Management Information Systems 1-5 Major Components of an Information System 1-6 Using Information Systems and Information Technologies 1-7 The IT J...

Full summary of all lectures of the Master course Optimisation of Business Processes. All formulas and information you need to know for the exam.

TEST BANK for Business Analytics 3rd Edition by Evans James. ISBN 9780135231906 _TABLE OF CONTENTS_ 1. Introduction to Business Analytics o Appendix A1: Basic Excel Concepts 2. Database Analytics 3. Data Visualization o Appendix A3: Additional Windows Tools for Data Visualization and Tableau Software 4. Descriptive Statistics o Appendix A4: Additional Excel Windows Charts for Descriptive Statistics 5. Probability Distributions and Data Modeling 6. Sampling and Estimation 7. Statistical Inference...

WGU C722 Test Bank Project Management, Top Exam Questions and answers, Approved. A Guide to Project Management Body of Knowledge (PMBOK Guide) The project management standard developed by the Project Management Institute. Benefit measurement methods A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located When team members work together at the same physical locati...

Revenue management is the act of directing sources of income within the confines of - Answer- capacity, supply and demand GOPPAR takes into account which of the following variables that is not considered in RevPAR? - Answer- Controllable expenses Name revenue optimization strategies - Answer- Market segmentation, Duration control , BAR (Best Available Rate) Legoherel, Poutier, & Fyall point out that revenue optimization is not only about product versioning, distribution channel selectio...