Which of the Stages of Event Management Is the Time

question 14

Multiple Choice

Which of the stages of event management is the time for freedom in creativity and implementation of new ideas that support the objectives of the special event?

• A)Design stage
• B)Planning stage
• C)Research stage
• D)Coordination stage
• E)Evaluation stage

---

Definitions:

Present Value

The present day value of an anticipated future amount of money or series of cash receipts, calculated with an established rate of return.

CCA Tax Shield

Refers to the reduction in taxable income for businesses through the deduction of depreciation on long-term assets.

Operating Cash Flow (OCF)

Cash generated from a company's regular business operations, indicating its ability to generate sufficient revenue to maintain operations.

Equivalent Annual Cost

A financial metric used to compare the cost effectiveness of various investments with different lifespans, by converting costs into an annualized figure.