Wealth and Revenue Management Training Assessment

The following are the 3 distinct categories of demand-management decisions except

Quality Decisions

Structural Decisions

Quantity Decisions

Prices Decisions

Which revenue management process involves utilizing past results to predict future demand serves as a valuable foundation for strategy development?

Distribution

Data Collection

Forecasting

Inventory Management

Types of segmentation includes the following except

Geographic Segmentation

Demographic Segmentation

Behavioural Segmentation

Early-Demographic Segmentation

You can understand your customers by

Reaching out to customers

Customer identification

Booking behaviour

All of the above

The process of reassessing and modifying existing market segments or creating new segments to align with changing market conditions, customer preferences, or business objectives is known as

Segment profiling

Segment Evaluation

Re-Segmentation

None of the above

The pricing game that involves a two-player game where both players have the choice to cooperate or defect is known as

Bertrand Competition

Chicken Game

NASH Equilibrium

Prisoners’ Dilemma

Which of the following are causes of overbooking?

Historical Data and forecasting

Operational inefficiency

Revenue Generation

All of the above

The following are overbooking policies except

Regulatory compliance

Priority Rules

Rebooking or alternative arrangements

Booking Uncertainties

.................involves monitoring and adjusting the resources and infrastructure to meet demand requirements

Inventory Allocation

Capacity Control

Revenue allocation

Distribution

A concept used to ensure that a certain number of resources or inventory items are always available for specific purposes or customers is

Booking Limit

Inventory Management

Protected Level

Resources allocation

Wealth and Revenue Management Training Assessment

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