which pricing tactics does each company utilize? evaluate the effectiveness of each one of these tactics for the particular pizza chain
Answers
To answer this question, let's examine the pricing tactics of two popular pizza chains, Domino's and Pizza Hut.
1. Domino's:
Pricing tactic: Value-based pricing
Domino's utilizes a value-based pricing strategy, where they offer various deals and promotions to attract customers.
Examples of this tactic include their mix-and-match deal, which allows customers to choose any two or more items for $5.99 each, and their carryout special, where customers can get a large 3-topping pizza for $7.99.
Effectiveness: This pricing tactic is effective for Domino's, as it targets customers who are price-sensitive and looking for a good deal on pizza. By offering various deals, Domino's can attract a larger customer base, increase sales, and maintain customer loyalty.
2. Pizza Hut:
Pricing tactic: Price skimming
Pizza Hut often employs price skimming, where they initially price their products high and then lower the price over time to capture a wider market.
For example, when Pizza Hut introduces a new pizza, they may charge a premium price for it. As the novelty wears off, they reduce the price to attract more price-sensitive customers.
Effectiveness: Price skimming can be effective for Pizza Hut, as it allows them to maximize profits by initially targeting customers who are willing to pay more for a new product.
However, this tactic may not be as effective in the long term, as customers may become price-sensitive and choose to purchase from competitors that offer better deals.
In conclusion, both Domino's and Pizza Hut utilize different pricing tactics, with Domino's focusing on value-based pricing and Pizza Hut on price skimming.
The effectiveness of these tactics depends on the specific goals and target audience of each pizza chain. Domino's value-based pricing is more effective at attracting price-sensitive customers, while Pizza Hut's price-skimming strategy targets those who are willing to pay more for a new product.
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Related Questions
What Is the Internal Revenue Service (IRS)?
Answers
The Internal Revenue Service (IRS) is the federal agency responsible for the collection of taxes in the United States. It is a bureau of the Department of Treasury and is governed by the Commissioner of Internal Revenue, who is appointed by the President of the United States.
The IRS is responsible for enforcing federal tax laws, including the assessment and collection of taxes, penalties, and interest. It also administers various tax-related programs, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit.
The IRS provides tax forms and instructions to individuals and businesses, and it also offers assistance and guidance to taxpayers through its website and toll-free helpline. It also conducts audits to ensure compliance with tax laws and regulations, and it enforces penalties for non-compliance.
The IRS is an essential agency that helps the government to fund various programs and services through the collection of taxes. It is important for individuals and businesses to comply with federal tax laws and file their taxes accurately and on time to avoid penalties and interest.
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Diamond Hotels conducts a survey to find out what kinds of activities their guests enjoy most while staying at the property. The hotel is considering _____________ factors to help them find their target market.
A) Behavioral
B) Demographic
C) Geographic
D) Physchograohic
Answers
Diamond Hotels conducts a survey to find out what kinds of activities their guests enjoy most while staying at the property. The hotel is considering behavioral factors to help them find their target market. Thus, option A is the correct option.
In order to assess which advertising and messages will be most effective with a certain audience, behavioral targeting is used. To launch tailored marketing, it makes use of behavioral data, such as what users do or don't do in your app, on your website, or with your campaigns.
The technique of classifying and categorizing clients according to the actions they display is known as behavioral segmentation. These behaviors include the kinds of goods and material people consume, as well as the frequency with which they connect with a particular app, website, or company.
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Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answers
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
4. There are two goods, X and Y. The absolute price of X rises and the
absolute price of Y does not change. Prove that the relative price of X rises in
terms of Y.
Answers
When the absolute price of x increases while keeping the cost of y constant, the relative cost also increases.
What does absolute price mean?The amount of money required to trade a particular quantity of an item for an absolute price.
Let the absolute price of x be 2 and that of y be 4 ,now let the price of y remains unchanged and that of x rises to 4, relative price means the price of one good with respect to the other, so in the first case relative price x/y =2/4 = 0.5
Now as it rises to 4,
new relative price =4/4 =1
1>0.5
So, when absolute price of x rises keeping that of y constant, then the relative price also rises.
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under a 401(k) plan, the _____ is responsible for choosing specific investments.
Answers
Under a 401(k) plan, the employee is responsible for choosing specific investments.
How does a 401 K plan work ?Many American firms provide 401(k) plans, which are retirement savings plans with favorable tax treatment for the saver. It bears a section number from the United States Internal Revenue Code (IRC).
When a worker enrolls in a 401(k), they consent to have a portion of each paycheck put directly into an investing account. A portion or the entire contribution may be matched by the employer. The employee has a variety of investing alternatives, most often mutual funds.
In a 401(k) plan, the employee is in charge of selecting particular investments.
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True or false :Equifax experian and transunion are legally obligated to provide identical information
Answers
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
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Company X and Company Y enter into an interest rate swap contract to swap fixed for floating interest rates for a notional amount of $500,000. The term of the interest rate swap is two years and the interest payments will be swapped every six months. The fixed rate on the swap is 4.75%, while the floating rates on the swap are as follows: 6-Month LIBOR Now 4.50% 6-months from now 4.70% 12-months from now 4.90% 18-months from now 5.10% What is the net payment that will be exchanged by the two counterparties in 18 months
Answers
In 18 months, Company X will pay Company Y a net amount of $3,125. The fixed rate on the swap is set at 4.75%, while the floating rates will be determined based on 6-month LIBOR rates at different points in time.
In this interest rate swap contract, Company X and Company Y have agreed to swap fixed and floating interest rates for a notional amount of $500,000 for a period of two years. The fixed rate on the swap is set at 4.75%, while the floating rates will be determined based on 6-month LIBOR rates at different points in time.
To calculate the net payment that will be exchanged by the two counterparties in 18 months, we need to look at the difference between the fixed rate and the floating rate at that point in time.
At 18 months from the start of the contract, the floating rate is 5.10%, which is higher than the fixed rate of 4.75%. This means that Company X will pay Company Y the difference between the fixed rate and the floating rate on the notional amount of $500,000.
The calculation for the net payment would be:
(Notional amount) x (floating rate - fixed rate) x (time period)
= $500,000 x (5.10% - 4.75%) x (1/4)
= $3,125
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What are two important funding sources for bowhunter education?.
Answers
Organizations.
Donations.
Student Fees.
The source for crowdsourcing is most often Multiple Choice the internet and social media boards of directors executive advisory Council professional associations
Answers
The source for crowdsourcing is most often the online community
What is crowdsourcing?Generally, A large number of geographically dispersed individuals contribute or produce products or services via the practice of crowdsourcing. These contributions or productions may take the form of ideas, votes, microtasks, or financial contributions.
Low-income nations create around 3.6 billion pounds worth of municipal solid waste (MSW) on a daily basis on average. This is the highest quantity of MSW produced by any type of country.
Low-income nations create around 3.6 billion pounds worth of municipal solid waste (MSW) on a daily basis on average. This is the highest quantity of MSW produced by any type of country.
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maya has always worked at a very fast pace and she tends to be a perfectionist. when she was promoted to manager she found that she was constantly disappointed with her team's performance because they didn't work fast enough or at the level that she wanted. what leadership style does maya have?
Answers
The main answer to your question is that Maya's leadership style appears to be authoritative.
This is because she values speed and perfection, which can often result in a need for control and high expectations of her team. Her disappointment with her team's performance suggests that she may not be allowing them enough autonomy to work at their own pace and in their own way.
it's worth noting that authoritative leadership can be effective in certain situations, such as when a team is inexperienced or lacks direction. However, it can also have negative consequences if team members feel micromanaged or are unable to contribute their own ideas and skills. Maya may benefit from exploring other leadership styles, such as democratic or transformational, which emphasize collaboration and empowerment rather than control. This could help her build a stronger and more effective team while still achieving high standards of performance.
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The interest rate is 10% but the government offers you a subsidized perpetual loan for $1m at 5%. in other words, you get the $1m today and, in return, you pay the government $50,000 a year forever (you a re immortal). how much is this subsidy worth?
Answers
Answer:
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
Explanation:
The subsidized perpetual loan offer by government = $1000000
Interest rate = 5%
The amount paid for forever = $50000
Below is the calculation to find the worth of loan subsidy for forever.
Amount paid to the government for forever at 5% interest.
Total subsidy loan worth at 5% = $50000 /5% = $1000000
The subsidy loan worth at 10% = $50000 /10% = $500000
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
A company policy limits lunches to 60 minutes unless they are business related. This strategically ambiguous statement is least likely to accomplish which of these goals?
1) allow for plausible deniability
2) maintain personal relationships
3) create unified diversity
4) allow management to maintain their power
Answers
Unless they are business-related, lunches are only allowed to last for 60 minutes in the workplace. Which of these objectives maintain personal ties is the least likely to be achieved by this strategically confusing statement.
What is an illustration of a corporate policy?Examples of company policies include those pertaining to employee behaviour, dress code, attendance, equal opportunity, and other aspects of the terms and circumstances of employment. Procedures: The steps used by staff members to address potential policy violations.
Which 4 sorts of policies are there?Regulation, constituency, distribution, and redistribution are the four main categories of public policy. These four sorts of policies are different from one another in terms of their objectives and those they affect or help.
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Who do YOU like more
Joseph Biden or Donald Trump?
Please answer with you honest opinion.
Answers
Answer:
Explanation:
Joseph biden
How do your parent(s) or guardian(s) and your own spending and saving habits
compare and contrast from one another? Write the similarities and differences.
Answers
Answer:
I spend more than them ngl lol dead
Explanation:
My parents are the ones who pay for the gas, bills, buying groceries, and other necessities using the money that they earn. I save all the money I earn from my job and seldom buy stuff compared to my parents. The few purchases I made were not necessary for me to survive, but I really wanted it. My parents and I always consider the price of something before we buy it so as to not waste money. Also, we always try to save up some of our money as well.
organizational culture refers to ________
Answers
Organizational culture refers to the proper way to conduct and behave within an organization.
Organizational culture refers to the way of behaving within organizations. The organizational culture involves the common beliefs, expectations, values, and practices established by the concerned authority that guide and direct the actions of employees working in the organization. A positive organizational culture is vital to establishing the characteristics necessary for the success of the organization.
Since positive organizational cultures provide a base for improved performance, there are multiple outcomes associated with them such as raising market shares, improving organizational outcomes, boosting work attitude, making customers more satisfied, and increasing the financial performance of the business.
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a company's history indicates that 20% of its sales are for cash and the rest are on credit. collections on credit sales are 20% in the month of the sale, 50% in the month after the sale, 25% in the second month after the sale, and 5% is uncollectible. projected sales for december, january, and february are $60,000, $85,000 and $95,000, respectively. the february expected cash receipts from current and prior credit sales is: multiple choice $66,400 $61,200 $57,000 $80,750 $90,250
Answers
The February expected cash receipts from current and prior credit sales is $57,000. Cash receipts refer to the actual inflow of cash into a business or organization.
To calculate the expected cash receipts, we need to consider the collection patterns for credit sales. According to the information given, 20% of sales are for cash, which means 80% are on credit. For credit sales, the collection percentages are as follows: 20% in the month of the sale, 50% in the month after the sale, 25% in the second month after the sale, and 5% is uncollectible.
To determine the cash receipts for February, we need to calculate the collections for December, January, and February sales:
December sales: $60,000 * 80% = $48,000
January sales: $85,000 * 80% = $68,000
February sales: $95,000 * 80% = $76,000
Now, applying the collection percentages:
Collections for December sales in February: $48,000 * 25% = $12,000
Collections for January sales in February: $68,000 * 50% = $34,000
Collections for February sales in February: $76,000 * 20% = $15,200
Finally, we sum up the collections for February: $12,000 + $34,000 + $15,200 = $61,200.
Therefore, the expected cash receipts from current and prior credit sales in February amount to $57,000.
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Make a run for the border, or the nearest emergency room! Against your better judgment
you made a run for fourth meal and it resulted in food poisoning. You require a trip to the
emergency room. Your policy states that emergency room visits will cost $100 plus
12. 5% of any additional
charges. Although the burrito only cost $. 99, your ER visk
tallied up to $650!
Type of insurance required:
Answers
Based on the scenario provided, the type of insurance required is a health insurance plan that covers emergency room visits and related expenses.
Emergency room visits can be costly, and having adequate health insurance coverage can provide financial protection against unexpected medical expenses. In this case, the individual would need coverage that covers the $100 base fee plus the additional 12.5% of the total charges, which came out to be $650. It is important to carefully review and understand the terms and coverage of any health insurance plan to ensure that it meets your specific needs and budget.
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a. The future value of $420 eight years from now at 10 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.)
Answers
The following equation can be used to determine future value with compound interest: future value = present value x (1 + interest rate)n. Use this formula to determine future value using simple interest: Future value equals current value multiplied by [1 + (interest rate over time)].
According to the formula for future value, FV = PV*(1+i)n, future value is equal to the present value multiplied by the sum of the annual percentage rate of interest multiplied by the number of time periods
Finance professionals use the Future Value (FV) calculation to determine the value of a cash flow at a time after it was initially received.
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i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was raised on a farm, but doesn't plan to be a farmer. What kinds of careers should he consider?
Answers
Which of the following best describes entrepreneurial personality traits?
a
Risk averse and co-dependent.
Appreciate direction from others and risk averse.
Tolerant of uncertainty and highly energetic.
Prefer to work less hours and prefer to give directions and let others do the foot work
d
estion 5 (1 point
Hetailed written statement that describes the nature of the business, the customer segment, the
Answers
Tolerant of uncertainty and highly energetic.
The two important entrepreneurial personality traits are tolerance of uncertainty and high energy levels. Hence, Option (B) is correct.
Entrepreneurs must be tolerant of uncertainty because starting and running a business involves inherent risks and unpredictable outcomes.
They face numerous challenges, from market fluctuations to competition and unforeseen obstacles.
Tolerating uncertainty means they can handle the stress and pressure associated with these situations, adapt to changing circumstances, and make informed decisions amidst ambiguity.
High energy levels are crucial for entrepreneurs because they often work long hours, face multiple responsibilities, and encounter numerous demands.
Entrepreneurship requires dedication, passion, and a relentless drive to achieve goals.
Thus, these two traits, that are tolerance of uncertainty and high energy levels, are foundational for entrepreneurs.
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Which of the following best describes entrepreneurial personality traits?
A. Risk-averse and self-nurturing
B. Tolerant of uncertainty and highly energetic
C. Appreciative of direction from others and risk-averse
D. Preference for working fewer hours and letting others do the footwork
Spending money to train and develop employees is a means of fostering.
Answers
Answer:
normative commitment
Explanation:
1. A complete income statement potentially has the following sections: (1 point)
a. Items from continuing operations and earnings per share for a corporation.
b. Income or loss from operating a discontinued segment for the current period.
c. The loss from disposing of the discontinued segment's net assets.
d. Extraordinary items.
e. Continuing operations, discontinued segments, extraordinary items, changes in accounting principles, and earnings per share for a corporation.
2.Phoenix Company reported sales of $400,000 for 2009, $450,000 for 2010, and $500,000 for 2011. Using 2009 as the base year, what were the percentage increases for 2010 and 2011 compared to the base year? (1 point)
a. 80% for 2010 and 90% for 2011.
b. 88% for 2010 and 80% for 2011.
c. 88% for 2010 and 90% for 2011.
d. 112.5% for 2010 and 125% for 2011.
e. 125% for 2010 and 112.5% for 2011.
3.Comparative financial statements in which each amount is expressed as a percentage of a base amount are called: (1 point)
a. Asset comparative statements.
b. Percentage comparative statements.
c. Common-size comparative statements.
d. Sales comparative statements.
e. General-purpose financial statements.
Answers
The following elements could be seen in a complete income statement: income or loss from operating a discontinued segment for the current quarter.
What exactly does "income statement" mean?One of the three key financial statements that reflects a company's financial performance over a certain accounting period is the income statement.One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.
What additional queries have answers?112.5% for 2010 and 125% for 2011 are the percentage increase.
Common-size comparative financial statements are comparative financial statements where each number is expressed as a percentage of a base amount.
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funds in savings and loan institutions are protected by:
Answers
Funds in savings and loan institutions are protected by government-backed deposit insurance, regulatory oversight, and reserve requirements.
Funds in savings and loan institutions are protected by a combination of measures aimed at ensuring the safety and stability of deposits. One of the primary forms of protection is provided by government-backed deposit insurance programs.
In the United States, savings and loan institutions are typically insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA). These agencies guarantee deposits up to a certain limit, typically $250,000 per depositor per institution, in the event of a bank failure.
This means that if a savings and loan institution were to face financial difficulties or go bankrupt, depositors would be eligible to receive their insured funds.
In addition to deposit insurance, savings and loan institutions are subject to regulatory oversight and supervision by government entities.
These regulatory bodies, such as the Office of the Comptroller of the Currency (OCC) in the United States, enforce various rules and regulations to ensure the stability and soundness of these institutions. They conduct regular examinations, monitor capital adequacy, and enforce compliance with banking laws and regulations.
Furthermore, savings and loan institutions are required to maintain reserve requirements, which mandate that they hold a certain percentage of their deposits in reserve. This helps ensure that they have sufficient funds available to meet withdrawal demands from depositors.
Overall, the combination of deposit insurance, regulatory oversight, and reserve requirements work together to provide protection for funds held in savings and loan institutions, promoting confidence in the banking system and safeguarding the savings of depositors.
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How does the price of oil impact the price of food?
Answers
Answer:
The price of Oil effect the price of food because it all works together in the economy/system
Explanation:
on january 1, year 1, astor co. purchased a bond with a face value of $1000, maturing after 7 years, and classified as available-for-sale debt security on its balance sheet. the coupon rate on the bond was stated to be 10%, payable semi-annually on june 30 and december 31. astor co. received full interest for the first four years until december 31, year 4 but determined that it will collect only 50% of the interest for the remaining 3 years. on january 1, year 5, the fair value of the said bond was estimated to be $800. what is the impact of the loss on the financial statements of astor?
Answers
The impact of the loss on the financial statements of Astor would be that the carrying value of the bond would be adjusted to its fair value, which is $800.
The difference between the carrying value (which is the face value of the bond, $1000) and the fair value of the bond ($800) would be recorded as an impairment loss in the income statement. This impairment loss would reduce Astor's net income and shareholders' equity. Additionally, the portion of the interest that Astor will not be receiving due to the 50% reduction (i.e. the other 50%) would also be recorded as an impairment loss on the income statement.
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Acument Global Technologies is exploring investment opportunities for $10 M. The company would like to maximize the return on this investment. Four investment opportunities being explored are for a period of 10 years. Help the company choose the best investment opportunity
Answers
Based on this analysis, the best investment opportunity for Acument Global Technologies would be the one with the highest Sharpe ratio.
To help Acument Global Technologies choose the best investment opportunity, we can use the following steps:
Calculate the expected return for each investment opportunity: This can be done by multiplying the expected annual return by the length of the investment period. For example, the expected return for an investment opportunity with an annual return of 8% and a 10-year investment period would be 80%.
Calculate the risk associated with each investment opportunity: This can be done by calculating the standard deviation of the expected returns for each investment opportunity.
Combine the expected return and risk to get a measure of the overall attractiveness of each investment opportunity: This can be done by multiplying the expected return by the square root of the risk to get the Sharpe ratio. The higher the Sharpe ratio, the more attractive the investment opportunity.
Choose the investment opportunity with the highest Sharpe ratio: This is the best investment opportunity for Acument Global Technologies.
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Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110,000 with a contribution margin of $44,000 and net income of $22,000. Which of the following statements are correct? Multiple select question. If sales fall, Baron will experience a greater decrease in income than Adams. Baron's net income grows twice as fast as its sales. Adams has a higher degree of operating leverage than Baron.
Answers
The true statement is that Adams has a higher degree of operating leverage than Baron.
What is a operating leverage?The cost-accounting formula is used to measures the degree a project can increase the operating income by increasing revenue.
Here, the degree of operating leverage is for Adams, Inc is 3 and for Baron, Inc. is 2.
Hence, the true statement is that Adams has a higher degree of operating leverage than Baron.
Therefore, the Option C is correct.
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A marketing manager considers pricing objectives and constraints to ______. Multiple choice question. estimate the changes to demand that will occur with a price increase reduce dependence on product revenues narrow the range of choices among the variety of pricing strategies determine what kinds of special adjustments to the list price will work best
Answers
Answer:
The answer is "Narrow the range of choices among the variety of pricing strategies".
Explanation:
The marketing director considers target price and limitations to limit the range of pricing strategies among them.
It actively manages the promotion and placement of a brand or even the items and services sold by a firm.
These are typically involved in attracting more customers to the business and boost brand awareness through marketing activities.
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Compile a job advertisement for a receptionist vacancy.Advertisement should include the name of the business and the title of the job advertisement
Answers
Answer:
Receptionist (Full-time).
Explanation:
Phetoloportia Communications Inc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.
We are recruiting to fill the job position below;
Job Title: Receptionist.
Location: Miami, Florida.
Job ID: 010345
Employment Type: Full-time.
Minimum Requirements:
High School diploma, GED, or equivalent preferred.Minimum of 2 years experience. Proficient in English (oral and written). Excellent knowledge of MS-Office.Application Closing Date:
1st of November, 2020.
How to Apply
All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 010345) to phetoloportiaatpci.com