Question 11 2 Points Chapter 12: Ticket Sales and Box Office Operations Ticket prices must be established based on market research not informed guesses. True B) False Question 12 2 Points Chapter 12: Ticket Sales and Box Office Operations The event ticket can be used to notify patrons of dangers by the inclusion of a warning message on the backside of the ticket. A True B False 7 Points x Question 13 Chapter 12: Ticket Sales and Box Office Operations Complimentary sports tickets (comps) are tickets given free of charge to individuals (local hero, donor, etc) or groups (Boys/Girls Scouts, youth sport teams, etc). In 50 words or more and in your own words, discuss 2 benefits to a sports organization of providing "complimentary tickets". Use the editor to format your answer 7 Points Question 14 Chapter 15: Outsourcing Services Outsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. This practice can be an effective cost saving strategy when used properly. In 50 words or more and in your own words list and discuss 2 areas that sports managers can outsource that would be beneficial to a sports organization. You can include areas associated with an event. Use the editor to formot your answer 7 Points Question 15 Chapter 17: Fundraising Although revenue generated for major NCAA Division 1 Collegiate Sports teams mainly comes from sponsorship and major television contract deals, other collegiate sports teams may feel the need to fund raise to cover some expenses for equipment, travel expenses, etc. There are many events that can be used for collegiate sports teams to fund raise. If you were the head coach of a college team, in 50 words or more and in your own words, discuss 2 types of fundraising events that you would organize for your team? Be sure to explain your fundraiser. Use the editor to format your answer 7 Points Question 16 Chapter 18: The ABCs of Committees Fundraising support groups are one of the most important tools available to an organization. These groups can be composed of parents, alumni, community supporters, etc. As with all things, there are pros and cons. In 75 words or more and in your own words discuss (1) advantage and (1) disadvantage of having a fundraising committee. Be sure to include examples. Use the editor to format your answer Question 17 7 Points X Chapter 23: Insurance and Chapter 24: Risk Management Insurance is the equitable transfer of the risk of a loss from one entity to another in exchange for payment. It is a form of risk management. In 50 words or more and in your own words, explain one benefit of having insurance coverage for your sports organization and include an example. Use the editor to format your answer Question 18 2 Points Chapter 23: Insurance and Chapter 24: Risk Management The amount of money to be charged for a certain amount of insurance coverage is called the premium. True B False Question 19 2 Points Chapter 23: Insurance and Chapter 24: Risk Management Owners and managers should renew their insurance coverage without considering new improvements in facilities and equipment, additional programming and services, new staff, and revenue increases. A True B False Question 20 7 Points Chapter 23: Insurance and Chapter 24: Risk Management In 2019. the NCAA permitted the sale of alcohol & beer at NCAA sanctioned games. Do you believe this is a good idea? In 75 words or more and in your own words, discuss (1) pro and (1) con of this decision both from a business standpoint and the risk management/insurance side. Be sure to include an example. Use the editor to format your
