Venue Management Test 2 UPDATED Exam Questions and CORRECT Answers
7 views 0 purchase
Course
Venue Management
Institution
Venue Management
Venue Management Test 2 UPDATED
Exam Questions and CORRECT Answers
True or False? In booking a concert venue, the venue normally does not have a contract with
the performer. - Correct Answer- True
True or False? It is best for facilities to have at least 3 different people booking and
sched...
Venue Management Test 2 UPDATED
Exam Questions and CORRECT Answers
True or False? In booking a concert venue, the venue normally does not have a contract with
the performer. - Correct Answer- True
True or False? It is best for facilities to have at least 3 different people booking and
scheduling the venue. - Correct Answer- False; only one to two
The primary commodities of any public assembly venue are...? - Correct Answer- Time and
Space
In a flat rental deal, which is responsible for paying rental dee and bears bulk of financial
risk? - Correct Answer- Promoter
At which point in the booking process should the venue manager place an event on sale? -
Correct Answer- Contracted
Which is NOT one of the variables that help determine the appropriate event mix for a
venue? - Correct Answer- Management's personal preferences
True or False? Typically the venue marketing department establishes the promoters
advertising for events. - Correct Answer- False; the promoter establishes his/her own budgets
In the context of a public assembly venue, PSL stands for? - Correct Answer- Personal Seat
License
What are the 2 different types of marketing in the public assembly venue management
industry? - Correct Answer- Event and Venue Marketing
Who are events marketed to? - Correct Answer- The public
Who are venues marketed to? - Correct Answer- Promoters
, Which of the following is an example of a commercial right within a public assembly venue?
- Correct Answer- all of the above; naming rights, pouring rights, branding of food and
beverage, sponsorships
What are the two primary considerations when determining the duration of an event ad
campaign? - Correct Answer- Budget and event sales history
Tru or False? A ticket is a limited contract between the guest and the venue. - Correct
Answer- True
True are False? Dynamic ticket pricing involves the manipulation of prices in order to price
tickets based on demand. - Correct Answer- True
True or False? It is illegal to scalp the event at any venue in the United States. - Correct
Answer- False
ADA stand for...? - Correct Answer- Americans with disabilities act
Drop count refers to...? - Correct Answer- Number of tickets that were scanned as guests
entered the building.
The ______ refers to the maximum number of people allowed by code in any given venue. -
Correct Answer- Capacity rating
The ticket _______ established the initial inventory for an event - Correct Answer- Manifest
True or False? Since venues do not receive a percentage, merchandise sales are not
considered an ancillary revenue - Correct Answer- False
True or False? The number and location of concession stands are not important if the prices
are inexpensive. - Correct Answer- False
True or False? The most common form of an annual food and beverage contract is where the
venue receives a percent of net sales. - Correct Answer- False; gross sales
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.