Examine revenue management and how it benefits restaurants.

Janet is providing her personal assistant services in a very competitive city. She has decided to lower her hourly rate by 10% in order to maintain all her current clients. What warning would you provide to Janet in lowering her rate? this could be perceived as offering a lower quality of service she needs to assess what this does to her net income all of the warnings noted in the options are things to consider this could increase demand for her services resulting in increasing costs

Explain the term Service perishability?

MS Company is a Trading Company involved in Import and export trade. With various suppliers from Europe and Asia, MS has to keep track of the activities of its suppliers and the entire supply chain. Indeed, MS has to ensure that quality standards and other production standards like occupation safety, labour and human rights are upheld. The shipment process also has its own challenges ranging from damage due to poor handling in shipment containers, loss of goods on transit due to theft or as a result of sea jettisoning practice, and delays in delivery.   Considering MS’s internal operations, the company equally has challenges of managing the same. MS has both bonded warehouses and stores with a very large workforce. The employees are a responsibility of MS company. And given that they work in a risky environment and conditions, MS is vulnerable to heavy expenses in form of compensation and life cover for its employees in case these risks become issues or materialize. There’s also need…