lodging establishment and the people who stay in it are called guests or clients. What is Revenue Management? Revenue Management is a technique to optimize the revenue earned from a fixed‚ perishable resource. The challenge is to sell the right resources to the right customer at the right time. Revenue Management implements the basic principles of supply and demand economics in a
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The Constitution: the Source of Secession The Constitution’s inadequacy in dealing with the issue of slavery ultimately led “the failure of the union that it had created” as it revealed the contrasting American ideals that were held by the North and the South. The Constitution did not provide a clear solution to slavery and left it up to the following generations to decide whether the institution was constitutional. Furthermore‚ it failed to address the issue of sovereignty and whether the states
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"Poverty." Opposing Viewpoints Online Collection. Gale‚ Cengage Learning‚ 2010.Gale Opposing Viewpoints In Context. Web. 11 Dec. 2012. 1. The definition of poverty used by the U.S. government is based on the amount of money a person or family would need to pay for food. It assumes that most people spend about one-third of their budget on food. The poverty line—the annual income level below which one is considered to live in poverty—is the cost of food for one year multiplied by three‚ with
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controlled (monitored) source shown in the figure‚ prepare a plot similar to that given in Fig. 2-8(b). v2 v1 = Vb (Vb v1 = Va (Va i2 Fig. 2-8 (b) Solution: Open your book & see the figure (P/46) It is voltage controlled current source. i2 +Ve axis v2 -Ve axis gv1 i2 gv1 + v2 current source - 2-2. Repeat Prob. 2-1 for the controlled source given in the accompanying
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beginning any marketing research with a thorough search of secondary sources of data • To articulate the advantages of secondary data • To highlight the potential errors which can be hidden within secondary data • To outline some of the main internal and external sources of data available to commercial enterprises‚ and • To help the reader to recognise the transition‚ in marketing research‚ from a dependence upon published sources of secondary data to electronically stored secondary data. Structure
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What is Market Failure? In a market where there is equilibrium‚ the resources are allocated in the best possible manner and there is ’allocative efficiency’. Allocative efficiency is when situation where Marginal cost is equal to Marginal revenue. However‚ this is not possible in the real world. Market failure exists when the resources are not allocated efficiently. Community surplus is not maximised and thus there is market failure. From a community’s point of view‚ producer surplus is not equal
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ENERGY SOURCE Technology in this day become more advanced. The advancement of technology has improved the quality of our life. The invantion of electricity made people found new era. Electricity is a source of energy. There are various function of electricity such as lightening‚ to light up the world‚ connecting us from distance‚ spreading out news‚ entertaining‚ and for medical purpose. Electricity is produced by a battery or a wires or by dinamo machine. But there are some alternative source to produced
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SOURCES OF BANK’S INCOME A bank is a business organisation engaged in the business of borrowing and lending money. A bank can earn income only if it borrows at a lower rate and lends at a higher rate. The difference between the two rates will represent the costs incurred by the bank and the profit. Bank also provides a number of services to its customers for which it charges commission. This is also an important source of income. The followings are the various sources of a bank’s profit: 1
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Tertiary literature sources A variety of tertiary literature is available to help our in the research. Most of these publicatons are called indexes and abstract ‚ and selection will be held by your university library.Tertiary sources also known as search tools are designed either to help locate primary & secondary literature. Other example of tertiary literature sources is encyclopedia‚ dictionary‚ citation indexes‚ catalogue‚ web based portals‚ data bases and journal contents pages. The tertiary
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How far does Source 3 challenge the impression given in Sources 1 and 2 that the Battle of the Somme had achieved worthwhile objectives? Having analysed all 3 sources‚ it can be said that source 3 significantly challenges sources 1 and 2 giving an entirely different perspective on the battle of the Somme. Source 1 is an extract from Sir Douglas Haig’s final dispatch‚ published in March 1919. This source begins to describe the Battle of the Somme as a tremendous victory. Haig claims that “The
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