Event Organisational Structures Are Likely to Include Five Main Functions

question 13

Multiple Choice

Event organisational structures are likely to include five main functions:

• A)visitor services / HRM / marketing / admin / finance.
• B)visitor services / marketing / support services / finance / HRM.
• C)visitor services / support services / marketing / admin / finance.
• D)HRM / support services / marketing / admin / finance.

Explain the concept and examples of nonrandom mating.

Define and differentiate between microevolution and macroevolution.

Understand the concept of disruptive selection and how it differs from other forms of selection.

Describe the effects of the founder effect, including the potential for increased frequency of harmful alleles.

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Definitions:

Contribution Margin Ratio

The percentage of sales that exceeds variable production costs, indicating how much of each sales dollar is available to cover fixed costs and generate profit.

Variable Expenses

Expenses that vary directly with changes in business activities or production levels, similar to variable costs, including items like shipping fees and sales commissions.

Contribution Margin Ratio

The percentage of each sales dollar that remains after variable costs are subtracted, contributing to covering fixed costs and generating profit.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume, such as rent, insurance, and property taxes.