Individuals Hired by the Convention Center and Responsible for Providing

question 27

Multiple Choice

Individuals hired by the convention center and responsible for providing all of the services needed to run the facilities for a trade show are known as

• A) service contractors
• B) meeting planners
• C) convention and visitor bureaus
• D) destination managers
• E) event planners

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Definitions:

Investment

Investment refers to the allocation of resources, usually money, with the expectation of generating an income or profit.

Control

The power to direct the management and policies of a company through ownership of its shares, rights, or contractual arrangements.

Noncontrolling Interest

Refers to the ownership stake in a corporation that is less than the majority control, often represented by shareholders who do not have a significant influence over the company's operations.

Goodwill

Goodwill represents the intangible value of a business that exceeds its physical assets' value, often arising after the acquisition of one company by another.