Module Eleven - A Revenue Management Organization
Module Eleven - A Revenue Management Organization

Author: Gary L Parker

Publisher: Gary L Parker

Published: 2024-08-10

Total Pages: 26

ISBN-13:

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The primary objective of revenue management (RM) organisations is to maximise the profitability of the company by applying knowledge about the market and the competition, using RM systems and tools. Building a successful RM carrier organisation requires three key elements. First, the passenger carrier must select the appropriate RM systems and tools. Second, they must put the right people in the right places. Third, they must design and implement effective business processes. Success requires paying careful attention to both people and processes. In this module, we begin by considering the people involved in the RM organisation, their job descriptions, skill sets, and the importance of good people management, training and team building. The second section focuses on developing robust and effective business processes and outlines the key steps that you need to follow in doing so. Section three introduces three different organisational structures that can be used within an RM organisation and considers some of the advantages and disadvantages associated with each approach. It also discusses how and why you might choose to change the organisational structure over time.

The Theory and Practice of Revenue Management
The Theory and Practice of Revenue Management

Author: Kalyan T. Talluri

Publisher: Springer Science & Business Media

Published: 2006-02-21

Total Pages: 731

ISBN-13: 0387273913

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Revenue management (RM) has emerged as one of the most important new business practices in recent times. This book is the first comprehensive reference book to be published in the field of RM. It unifies the field, drawing from industry sources as well as relevant research from disparate disciplines, as well as documenting industry practices and implementation details. Successful hardcover version published in April 2004.

Module Three - Passenger Transportation Pricing
Module Three - Passenger Transportation Pricing

Author: Gary L Parker

Publisher: Gary L Parker

Published: 2024-08-10

Total Pages: 22

ISBN-13:

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All the seats in the coach compartment look the same, yet there are many different prices for those seats. Because of the fluctuations in passenger demand for travel, their perishable inventory, and relatively fixed seating capacity, carriers have adopted a variable pricing strategy. This strategy targets different market segments in order to control demand and maximize revenues. Underlying this strategy is the price-demand relationship. In module 2 we considered the demand side of the equation. Now we have the opportunity to look at pricing in more detail. What costs do passenger carriers consider when determining ticket prices? In the first section, we look at both carrier and customer costs and explain the difference between fixed and variable carrier costs. Why did I pay more for my ticket than the person sitting next to me? The second section revisits the foundation of the carriers’ differential pricing strategy, the price-demand relationship. This helps us to better understand variable pricing and market segmentation, the role of fare rules, and the goals and processes of inventory, or revenue, management. How do carriers set prices? In the third section, we outline various pricing strategies that carriers use when setting prices.

Standards for Internal Control in the Federal Government
Standards for Internal Control in the Federal Government

Author: United States Government Accountability Office

Publisher: Lulu.com

Published: 2019-03-24

Total Pages: 88

ISBN-13: 0359541828

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Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers' Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.

eTourism case studies
eTourism case studies

Author: Roman Egger

Publisher: Routledge

Published: 2011-01-03

Total Pages: 509

ISBN-13: 1136405003

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eTourism Case Studies bridges the gap in contemporary literature by carefully examining marketing and management issues of many international companies that have successfully implemented eTourism solutions. Divided into six sections this book explores the newest developments in this field, introducing and discussing emerging trends, approaches, models and paradigms, providing visions for the future of eTourism and supporting discussion and elaboration with the help of thorough pedagogic aids. With contributions from leading global experts both from the industry and academia, each case follows a rigid structure, with features such as bulleted summaries and review questions, as well as each section having its own thorough introduction and conclusion written by the editors, highlighting the key issues and theories. This is the first book of its kind to bring together cases highlighting best practice and methods for exploiting ICT in the tourism industry, from international market leaders.

Daily Graphic
Daily Graphic

Author: Ransford Tetteh

Publisher: Graphic Communications Group

Published: 2010-07-22

Total Pages: 64

ISBN-13:

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Intellectual Capital Strategy Management for Knowledge-Based Organizations
Intellectual Capital Strategy Management for Knowledge-Based Organizations

Author: Ordóñez de Pablos, Patricia

Publisher: IGI Global

Published: 2013-03-31

Total Pages: 307

ISBN-13: 1466636564

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With the proper management, knowledge-based resources (human capital, relational capital, structural capital) aim to contribute to the creation of a competitive advantage not only for companies and institutions, but also for nations and economic regions. Intellectual Capital Strategy Management for Knowledge-Based Organizations brings together new perspectives on the knowledge-based view of strategy management as it considers the role of companies, organizations, and nations in the storage and measurement of their knowledge. This book is useful for industry leaders, practitioners, academics and scholars interested in emerging aspects of knowledge management and industry services.