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ETB2003
Game Code: 1335149
English
11
Public
week 8 to 10
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Firas33
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What is financial management in event industry?
the decisions that are made in respect of the sourcing, planning, allocation, monitoring and evaluation of the money resource
20
what is breakeven point?
The break-even point is the point at which total cost and total revenue are equal, meaning there is no loss or gain for your small business.
20
Master budget consists of two elements, what are the 2 elements?
20
There are many considerations that it may be appropriate to take into account in conducting feasibility study
Slide
20
List 3 of the marketing activities that an event marketing manager may undertake to produce a successful conference or event:
slide
20
Costs that do not vary with the volume of visitors, it's called?
Fixed cost
20
costs that vary with the number of visitors to the event, it's called?
Variable cost
20
List 3 examples of fixed cost in event?
venue rental, interest charged on loans, lighting and power costs, promotion, the cost of volunteers’ uniforms and artists’ fees
20
List 3 examples of variable cost in event?
the cost of plastic wine glasses at a festival, catering costs at a product launch and the cost of staff needed to serve attendees
20
Event positioning can be achieved in at least 10 different ways, give 3 examples
slide
20
Is this generic first level or second level budget?
generic second level budget
20
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