An Executive Conference Centre Has the Physical Ability to Handle

question 105

Essay

An executive conference centre has the physical ability to handle 1,200 participants. However, conference management personnel believe that only 1,050 participants can be handled effectively for most events. The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 980 participants. What are the utilization and efficiency of the conference facility?

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Definitions:

Legal Capital

The minimum amount of capital that a company is required to maintain by law, often used to protect creditors and shareholders.

Financial Loss

A decrease in net income that results from operating activities, investments, and changes in fair value of assets, exceeding the income from these activities.

Stockholder

An individual, company, or entity that owns at least one share in a company, giving them partial ownership.

Outstanding Stock

Refers to the shares of a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares.