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College Entertainers
Most colleges and universities have a campus activity board that brings entertainers and special events to campuses.To locate and hire these entertainers,many campuses send their student activity board members to one of the seven regional or the national NACA (National Association of Campus Activities) conventions.More than 100 entertainers,talent agencies,and companies that provide promotional services exhibit their products at these conventions in an area similar to a trade show.(Conference attendees call this the Marketplace. )
Approximately 20 entertainers are selected to present a short program (called a showcase) in which they demonstrate what they would do if hired to perform on campus.Many other entertainers have videos and CDs,which they hand out to student attendees.Only one or two members of any student group can actually set up a contractual agreement with an entertainer or his or her agency.Other student attendees provide input as to which entertainers best match the demographics of their institutions.
-Refer to College Entertainers.The entertainers and agency representatives engage in _____ in the Marketplace.
Net Working Capital
The difference between a company's current assets and its current liabilities, indicating the short-term financial health of the business.
Accounts Receivable
Money owed to a company by its debtors for goods or services that have been delivered or used but not yet paid for.
Accounts Payable
The amount of money owed by a company to its creditors for goods and services purchased on credit, typically due within a short period of time.
Equivalent Annual Cost
A cost calculation method that is used to compare the cost effectiveness of different investments or projects with different lifespans.
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