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ETB2003
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Event positioning can be achieved in at least 10 different ways, give 3 examples
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Costs that do not vary with the volume of visitors, it's called?
Fixed cost
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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.
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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
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List 3 of the marketing activities that an event marketing manager may undertake to produce a successful conference or event:
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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
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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
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There are many considerations that it may be appropriate to take into account in conducting feasibility study
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Is this generic first level or second level budget?
generic second level budget
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costs that vary with the number of visitors to the event, it's called?
Variable cost
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Master budget consists of two elements, what are the 2 elements?
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