Outline what additional contract stipulations

Assignment Help Business Management
Reference no: EM132779579

Scenario

You are the booking manager for Crown Auditorium. You are new to this position and are responsible for booking all events in the venue, in conjunction with the local arts council, community organizations, and regional promoters. The auditorium was built in 2012 and is considered by many in the community to be a pristine hall for the performing arts. It consists of a 2,800-seat multipurpose concert hall/theater.

Crown Auditorium serves the community as a place where touring Broadway shows, opera and ballet performances, and local arts organizations stage their performances. You have heard that the arts council has opposed several attempts by regional promoters to bring contemporary concerts to the venue. The board of directors consists of important political and business leaders within the community. In fact, the mayor's husband is the current chair of the board of directors, which oversees the operations of Crown Auditorium.

Your general manager has recently asked you to look into alternative programming in order to expand the variety of the auditorium's events and to generate more revenue. After researching possible events, you have discovered an electronic dance music (EDM) act named Kaleidoscope that is available to play a date at the auditorium. Kaleidoscope is known to work their audience into a frenzy and there have been documented incidents of drug arrests, underage drinking, and property damage at other venues. The event appeals to fans ages 16 to 22, most of whom have not previously attended an event at the Crown Auditorium.

As the booking manager, you have proposed that a Kaleidoscope concert should be scheduled at the auditorium. The general manager will present this idea to the board of directors. However, the GM is concerned that not all members of the board will support your recommendation, feeling that such an act is inappropriate and should not be scheduled in their pristine auditorium. In order to gain their approval, the GM has indicated to the venue's staff that the concert must be without any significant incidents or damage and must sell out!

Assignment

The GM must make the case to the board of directors in a persuasive manner. He has asked you to do the following:

Question:

Outline what additional contract stipulations will be negotiated to ensure a safe and secure event while generating the maximum amount of revenue for the auditorium.

Reference no: EM132779579

Questions Cloud

Statements of an organization affect management strategy : Why is it important to clearly articulate the statements in order to effectively carry out the strategic management process?
How do indicate any fundamental principles of ifac code : How do indicate whether any fundamental principles of IFAC Code of Ethics for Professional Accountants has been breached. Give reasons.
Components of a change management project plan : Answer each question in as much detail as possible, considering your organisational requirements for each one.
List the different forms of business organizations : Business organizations can be classified into different legal forms. List and briefly explain the different forms of business organizations.
Outline what additional contract stipulations : Outline what additional contract stipulations will be negotiated to ensure a safe and secure event while generating the maximum amount of revenue for the audito
Prepare johnnies franking account for the year : Prepare Johnnies's franking account for the year ending 30 June 2020. FRANKING ACCOUNT Johnnies Pty Ltd (Invest), an Australian base rate investment
Identify different ethical issues between international : Identify different ethical issues between international and domestic homeland security practices.
What will be their optimal upper cash limit : Hollywood Shoes would like to maintain their cash account at a minimum level of $53,000, but expect the standard deviation in net daily cash flows
What percent less for nova electronics : The first catalogue offered discounts of 22% and 8% while the second offered discounts of 16%, 6% and 4%. Which is the better offer? By what percent less?

Reviews

Write a Review

Business Management Questions & Answers

  Difference between competing-accommodating

What is the difference between Competing, Accommodating, and Compromising? How would you use each Competing, Accommodating, and Compromising? Give specific personal or professional examples.

  Explanations for the cobden-chevalier treaty

Discuss two different explanations for the Cobden-Chevalier Treaty. Which is the more convincing explanation and why?

  Conduct an anova test

Find the number of wins over the past 10 years and conduct an ANOVA test to see if there is any significant difference in the number of wins for the teams.

  When is a company competitive advantage

When is a company's competitive advantage most likely to be sustained over time?What makes Walmart so successful in the competitive advantage arena?

  Comment on the validity of result

Compute and interpret a 95% confidence interval for the population mean selling price of homes in Ottawa. Comment on the validity of this result.

  Make negotiation successful

You as a HR manager is tasked to negotiate with her. What will you prepare in order to make this negotiation successful?

  What types of patient recordkeeping policies

What types of patient recordkeeping policies or procedures might exist in a medical practice? What must be considered when developing policies and procedures?

  Create your own analysis of the community stakeholders

In-Depth Audience Analysis Locate your local Chamber of Commerce's community profile either online or in printed material that describes your local community.

  Challenges that international business negotiators face

Question - You will write a critical paper outlining, in detail, the challenges that international business negotiators face

  Competitive firm with the profit function

Question: Consider a competitive firm with the following profit function

  Role of budgets and resource allocation

1. What is the role of budgets and resource allocation in successfully implementing and executing strategy? Why does a company's budget need to be closely linked to the needs of good strategy execution?

  Build an ethical reputation

How should managers foster ethical behavior though their own actions? What can a company as a whole do to build an ethical reputation?

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