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CHAPTER 4CHAPTER 4 11

MANAGING MANAGING LOCAL EVENTSLOCAL EVENTS

GOALSGOALS Describe three types of plans necessary Describe three types of plans necessary

for organizing entertainment events.for organizing entertainment events. Explain the importance of budgets as Explain the importance of budgets as

related to entertainment management.related to entertainment management. Describe the management necessary for Describe the management necessary for

major events.major events.

CHAPTER 4CHAPTER 4 22

Managing Local EventsManaging Local Events

By: Meghan HatcherBy: Meghan Hatcher

Georgia CTAE 2010Georgia CTAE 2010

CHAPTER 4CHAPTER 4 33

THE IMPORTANCE THE IMPORTANCE OF PLANNINGOF PLANNING

Business planBusiness plan GoalsGoals ObjectivesObjectives

Financial planFinancial plan IncomeIncome ExpensesExpenses ProfitProfit

Marketing planMarketing plan

CHAPTER 4CHAPTER 4 44

STRATEGIC PLANNINGSTRATEGIC PLANNING

Long-term preparationLong-term preparation Strengths and weaknessesStrengths and weaknesses GoalsGoals

CHAPTER 4CHAPTER 4 55

PRODUCING THE EVENTPRODUCING THE EVENT

Setting the budgetSetting the budget Dividing the workDividing the work

CHAPTER 4CHAPTER 4 66

MAJOR EVENTSMAJOR EVENTS

New Year’s Eve in Times SquareNew Year’s Eve in Times Square Macy’s Thanksgiving Day ParadeMacy’s Thanksgiving Day Parade

CHAPTER 4CHAPTER 4 77

LESSONLESSON 4.24.2

MANAGING MANAGING COLLEGE EVENTSCOLLEGE EVENTS

GOALSGOALS Define the four types of economic utility as Define the four types of economic utility as

they relate to collegiate entertainment they relate to collegiate entertainment events.events.

Describe the factors of production in a Describe the factors of production in a market economy.market economy.

Explain how universities increase Explain how universities increase revenues through entertainment events.revenues through entertainment events.

CHAPTER 4CHAPTER 4 88

ECONOMIC ENVIRONMENTECONOMIC ENVIRONMENT

Supply and demandSupply and demand UtilityUtility

Form utilityForm utility Possession utilityPossession utility Time utilityTime utility Place utilityPlace utility

CHAPTER 4CHAPTER 4 99

FACTORS OF PRODUCTIONFACTORS OF PRODUCTION

Natural resourcesNatural resources LaborLabor Capital goodsCapital goods EntrepreneurshipEntrepreneurship

CHAPTER 4CHAPTER 4 1010

ECONOMIC SYSTEMSECONOMIC SYSTEMS

Market economyMarket economy ScarcityScarcity CapitalismCapitalism SocialismSocialism CommunismCommunism

CHAPTER 4CHAPTER 4 1111

COLLEGIATE EVENTSCOLLEGIATE EVENTS

NCAA TournamentNCAA Tournament Entertainment eventsEntertainment events HomecomingHomecoming

CHAPTER 4CHAPTER 4 1212

LESSONLESSON 4.34.3

MANAGING PROFESSIONAL MANAGING PROFESSIONAL SPORTSSPORTS

GOALSGOALS Describe the job positions and Describe the job positions and

responsibilities involved in sports responsibilities involved in sports management.management.

Explain the importance of community Explain the importance of community involvement for professional sports teams.involvement for professional sports teams.

CHAPTER 4CHAPTER 4 1313

SPORTS SPORTS MANAGEMENT JOBSMANAGEMENT JOBS

RequirementsRequirements Knowledge of businessKnowledge of business Long workweeks including night and weekend Long workweeks including night and weekend

hourshours Employment outlookEmployment outlook

CompetitiveCompetitive GrowingGrowing

CHAPTER 4CHAPTER 4 1414

EXAMPLE OF SPORTS EXAMPLE OF SPORTS MANAGEMENT JOB TITLESMANAGEMENT JOB TITLES

Marketing and Promotions DirectorMarketing and Promotions Director Corporate Sales DirectorCorporate Sales Director Director of Ticketing and FinanceDirector of Ticketing and Finance Sporting Goods Sales ManagerSporting Goods Sales Manager Facilities CoordinatorFacilities Coordinator Athletic Business ManagerAthletic Business Manager Fitness ManagerFitness Manager

CHAPTER 4CHAPTER 4 1515

COMMUNITY INVOLVEMENTCOMMUNITY INVOLVEMENT

Community relations coordinationCommunity relations coordination Catering to young fansCatering to young fans

CHAPTER 4CHAPTER 4 1616

LESSONLESSON 4.44.4

MANAGING MANAGING OTHER EVENTSOTHER EVENTS

GOALSGOALS Explain the various types of organizational Explain the various types of organizational

structures.structures. Describe the value of special events and Describe the value of special events and

their importance during shoulder periods.their importance during shoulder periods.

CHAPTER 4CHAPTER 4 1717

ORGANIZATIONAL ORGANIZATIONAL STRUCTURESTRUCTURE

Line organizationsLine organizations Unity of commandUnity of command Span of controlSpan of control Line-and-staff organizationsLine-and-staff organizations Matrix organizationsMatrix organizations Team organizationsTeam organizations Self-directed work teamsSelf-directed work teams

CHAPTER 4CHAPTER 4 1818

BUSINESS BUSINESS ORGANIZATIONORGANIZATION

Centralized organizationsCentralized organizations Decentralized organizationsDecentralized organizations Flattened organizationsFlattened organizations

CHAPTER 4CHAPTER 4 1919

MORE THAN MORE THAN A THEME PARKA THEME PARK

Making the bad times goodMaking the bad times good Creating a special eventCreating a special event Marketing and salesMarketing and sales

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