Prof. Goodlad HMGT 1101 | Prof. Stewart HMGT 1102 | Prof. Rosen ENG 1101

Category: Glossary (Page 1 of 7)

Revenue Management

Revenue management: The art and science of predicting real-time customer demand and optimizing the price and availability of products to match that demand.

Source:https://welcome.expediagroup.com/en/resources/revenue-management-resources-tips-and-help/hotel-revenue-management-glossary-jargon-and-common-terms

Article:https://www-nytimes-com.cdn.ampproject.org/v/s/www.nytimes.com/2021/12/22/travel/frequent-flier-miles-airline-status.amp.html?amp_js_v=a6&amp_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16401870360909&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.nytimes.com%2F2021%2F12%2F22%2Ftravel%2Ffrequent-flier-miles-airline-status.html

Quote: In this … Read More

Uncertainty

Uncertainty (noun) the quality or state of being uncertain : DOUBT

Source: https://www.merriam-webster.com/dictionary/uncertainty

Article: https://www-nytimes-com.cdn.ampproject.org/v/s/www.nytimes.com/2021/12/04/world/in-one-week-omicron-plunged-the-world-into-collective-uncertainty.amp.html?amp_js_v=a6&amp_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16401869430614&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.nytimes.com%2F2021%2F12%2F04%2Fworld%2Fin-one-week-omicron-plunged-the-world-into-collective-uncertainty.html

Quote: In just 36 hours, researchers analyzed samples from 100 infected patients, collated the data … Read More

Akin

Akin (adjective) related by blood : descended from a common ancestor or prototype

Source: https://www.merriam-webster.com/dictionary/akin

Article:https://gen.medium.com/young-chicago-authors-maybe-i-could-save-myself-by-writing-poetry-latinx-teen-79752108d0b5

Quote: That was a long time ago now, but recently, I decided to write … Read More

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