The Revenue Management Levers
Whereas yield management involves specific actions to generate yield through perishable inventory management, Revenue Management encompasses a wide range of opportunities to increase revenue. A company can utilize these different categories like a series of levers in the sense that all are usually available, but only one or two may drive revenue in a given situation. The primary levers are:
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Famous quotes containing the words revenue, management and/or levers:
“If you tax too high, the revenue will yield nothing.”
—Ralph Waldo Emerson (1803–1882)
“People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.””
—George Carey (b. 1935)
“The sense of doing good , the satisfaction of being right, the joy of looking favorably upon oneself, dear sir, are powerful levers for keeping us upright and making us progress. On the other hand, if men are deprived of that feeling, they are changed into rabid dogs.”
—Albert Camus (1913–1960)