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please answer tq 1. Differential pricing is the practice of a seller charging different prices to different buyers for the same product or slightly different
please answer tq
1. Differential pricing is the practice of a seller charging different prices to different buyers for the same product or slightly different versions of the same products. Experienced Revenue Manager know that as a general rule, it is better to serve multiple market segments by offering multiple prices than it is to serve their property's or company's entire market at a single price point. Discuss FOUR (4) factors that could impact differential pricing and give example (20 marks) 2. Explain the differences between profit and revenue. Explain at least FIVE (5) differences. (10 marks) 3. Electronic Distribution is a type of distribution that uses purely electronic media. E- distribution is an important component of E-commerce. In hospitality it encompasses all the electronic channels of distribution, which can be accessed through internet, intranet or through an interfaced connection. Discuss THREE (3) electronic distribution channel and give example (15 marks) 4. There are three important key revenue-related factors to evaluate revenue optimization in food and beverage. Explain THREE (3) different evaluation of revenue generating efficiency in food and beverage. (15 marks) END OF PARTAStep by Step Solution
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