Which of the Following Technologies Tried by Sports Properties Turned

question 65

Multiple Choice

Which of the following technologies tried by sports properties turned out to be more costly than the benefits it produced?

• A)cashless systems for concessions
• B)paperless tickets
• C)wireless in-game communications for sports stats and replays
• D)loyalty programs that offered rewards for frequent attendance

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Definitions:

Internal Rate of Return

A financial metric used to evaluate the profitability of an investment, representing the interest rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equal zero.

Required Rate of Return

The minimum annual percentage return a investor expects to achieve from an investment, considering the risk involved.

Simple Rate of Return

A method of evaluating the financial performance of an investment by dividing annual incremental operating income by initial investment.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.