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)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (1908–1973)
“Peter the Hermit, Calvin, and Robespierre, sons of the same soil, at intervals of three centuries were, in a political sense, the levers of Archimedes. Each in turn was an embodied idea finding its fulcrum in the interests of man.”
—Honoré De Balzac (1799–1850)