The Two Most Commonly Used Tools to Evaluate the Effectiveness

question 6

Multiple Choice

The two most commonly used tools to evaluate the effectiveness of a hotel's sales effort are the STAR report and the

• A) P&L.
• B) pace report.
• C) manager's daily.
• D) occupancy forecast.

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Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for a specific task or project with shared profits and risks.

Telepresence Technologies

Advanced communication technologies that simulate a user's physical presence in a remote location, improving virtual meetings and collaboration.

Geographically Distant

Being situated far apart in terms of physical distance or location.

Effective Agenda

A well-organized list of topics, questions, or tasks to be discussed or accomplished in a meeting or event, aimed at facilitating productivity and efficiency.