Advise a range of methods in generating income during event

Assignment Help Financial Management
Reference no: EM131971510 , Length: word count:3000

Events Financial Management Assignment -

Learning Outcomes:

1. Indicate the main purposes of financial management within the events industry.

2. Use a range of tools, techniques and apply creativity to solve problems through qualitative and quantitative data relevant to the study of economics.

3. Determine appropriate methods of calculating break-even, profitability and capital input costs.

4. Select and use appropriate C&IT technologies.

Assessment Task - Assuming you have been recently appointed as a financial advisor of a medium sized event company of your own choice. The company plans to organise a 'dinner and dance party' for the forthcoming valentine day. The company intends to organise similar events for various other occasions and your immediate task is to prepare a report that will be discussed by the management of the company.

You are required to:

i) Advise a range of methods in generating income during the event.

ii) Recommend pricing strategies available for pricing the entry tickets of the event.

iii) Discuss the main purposes of financial management within the events industry.

iv) Discuss the importance of break even analysis, providing calculations of the break even points in terms of revenue and number of customers and demonstrate a graphical break even chart clearly labelling the chart.(Please do not copy and paste the chart from internet sources, you should demonstrate your IT skills).

The word count excludes appendices and you must include, within the appendices, all relevant supporting business report documentation.

Reference no: EM131971510

Questions Cloud

What are the boundaries for each of the eight categories : What are the boundaries for each of the eight categories?
Evaluate effectiveness of programmed knowledge management : Evaluate the effectiveness of programmed knowledge management to determine current action learning needs.
Construct a stem-and-leaf diagram for data : (a) Construct a stem-and-leaf diagram for these data. Use the numbers 02, 03, 04, 05, 06, and 07 as stems.
What are the implications for the public administrator : How do limited resources affect the public budgeting and administrative planning processes? What are the implications for the public administrator?
Advise a range of methods in generating income during event : Events Financial Management Assignment - Advise a range of methods in generating income during the event. Discuss the main purposes of financial management
Consider the stem-and-leaf diagram : 1. Consider the stem-and-leaf diagram of What family of distributions is suggested by the diagram?
What challenges threats or opportunities do they pose : What challenges, threats, or opportunities do they pose? Explain role of leadership in the situation. Provide any environmental issue that should be considered.
What works well for customers : What works well for customers? Identify the retailer's weakness in terms of how the retailer relates to customers. What doesn't work well for customers?
State the definition of the first quartile in terms : The 25th, 50th, 75th, and 100th percentiles for X are called its first, second, third, and fourth quartiles respectively.

Reviews

len1971510

5/5/2018 4:40:26 AM

Any special requirements: The briefing paper should be submitted on the Student Portal along with a Turnitin Report. Word Count - 3000 words excluding appendices. The word count excludes appendices and you must include, within the appendices, all relevant supporting business report documentation. Your final report is to be submitted using the student portal. It should clearly show your student number only (no name). Late submissions within one week of the deadline will be capped at 40% unless an application for consideration of extenuating circumstance(s) is submitted and accepted.

len1971510

5/5/2018 4:40:15 AM

What is expected within students’ coursework? Ability to introduce the report, by including a brief profile of the selected event management company. Clear, professional evidence of wide research should be provided. Relevant theory and well applied in context of the selected company. Arguments should be clearly summed up to reach a conclusion and recommendation.

len1971510

5/5/2018 4:40:08 AM

Highly detailed knowledge and understanding of the main theories/concepts of the discipline(s), and an awareness of the ambiguities and limitations of knowledge. Exceptional work; judiciously selected and evaluated evidence. Very high quality analysis, developed independently or through effective collaboration. Ability to investigate contradictory information and identify reasons for contradictions. Highly persuasive conclusions. Outstanding knowledge of research-informed literature embedded in the work. Consistent analysis and evaluation of sources. High-level academic skills consistently and professionally applied.

len1971510

5/5/2018 4:40:03 AM

Research skills: Exceptionally successful in a wide range of research-like tasks, including evaluation, with a high degree of autonomy Can communicate with an exceptionally high level of professionalism, in a range of formats, including orally, appropriate for graduate-level employment. Can work exceptionally well and professionally within a team, showing leadership skills as appropriate, managing conflict, and meeting all obligations. Is exceptionally professional and flexible in autonomously defining and solving a range of complex problems and applying knowledge and methods to their solution. Outstanding ability to evaluate own strengths and weaknesses, showing outstanding attributes for graduate-level employment.

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd