Question: **PLS SOLVE ASAP, SOLVE WITHIN ONE HOURS IF POSSIBLE** SUBJECT- PRINSIP MARKETING (b) The hospitality industry is a broad category of fields within service industry

**PLS SOLVE ASAP, SOLVE WITHIN ONE HOURS IF POSSIBLE** SUBJECT- PRINSIP MARKETING

**PLS SOLVE ASAP, SOLVE WITHIN ONE HOURS IF

(b) The hospitality industry is a broad category of fields within service industry that includes lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry. There are several pricing strategies used by hospitality industry including skimming pricing strategy. Differentiate with example, advantage and disadvantage of skimming pricing strategy that used by marketer in the hospitality industry. (8 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

**PLS SOLVE ASAP, SOLVE WITHIN ONE HOURS IF POSSIBLE** SUBJECT- PRINSIP MARKETING Q1 (a) "...As a low-cost carrier, AirAsia already has handy ancillary revenue streams. Their base fares are cheap,...

Q:

Chapter 1 Location \"Location, Location, Location!\" Chapter Objectives On completion of this chapter the reader will understand: The influence that location has on occupancy The relationship between...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

TWO QUESTIONS IS NEEDED TO BE GENERATED FROM THIS CASE STUDY. EACH QUESTION CONSIST OF 50 MARKS EACH. STRATEGIC CASE STUDY This case consists of two questions BACKGROUND The Company was registered as...

Q:

Journal ol the International Academy for Case Studies Volume 25, Issue 3, 2019 companion answered the phone as she thought it was the same person misdialing for whatever the reason. As soon as she...

Q:

Chapter 1 Introduction to Accounting NAME ___________________________________________________ DATE _______________________________ 1. Which of the following events would be recorded as an accounting...

Q:

Chapter 5 Summary: A. Identify and discuss five or six standards that could be established; include how variance from such standards could be measured. C. From the perspective of a hotel's general...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

Q:

Suppose you compared the financial statements of an airline and a grocery store. Which would you expect to have the higher values for the following ratios: debt-to-equity ratio, current ratio,...

Q:

What lessons should Carrefour India learn from the Japanese and Chinese markets?

Q:

Item 3 3 points eBookReferences Check my workCheck My Work button is now disabled Item 3 TB MC Qu . 8 - 8 9 ( Algo ) In January 2 0 2 4 , Summit Department Store... In January 2 0 2 4 , Summit...

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...