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Chapter 4 Sports and Entertainment Management

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Page 1: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

Chapter 4Sports and Entertainment Management

Concepts in Chapter 4

Managing yourself (how can you manage work if---)

PlanningManaging Local EventsEconomic EnvironmentsUtilityFactors of ProductionEconomic SystemsManaging College EventsCollege Bowl ProjectProfessional Events

Chapter 4 Vocab

Financial Plan Marketing Plan Budget Economics Supply Demand Utility

Factors of production

Economic system Scarcity Unity of command Research

Page 4: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

Chapter 4.1 Managing Local Events

Goals Describe three types of plans necessary

for organizing entertainment or sports events.

Explain the importance of budgets as related to entertainment management.

Describe the management necessary for major events.

Page 5: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

Everything’s Coming Up Roses

Read page 79 in book

Answer the two questions at the end of the Wining Strategies article Need a full sheet of paper

Page 6: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

THE IMPORTANCE OF PLANNING

By failing to plan, you are planning to fail.▪ Benjamin Franklin

What does this mean in life? What does this mean in business?

“Americans spend more time planning their vacations then they do their careers and retirement”

Page 7: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

Planning Life

“Americans spend more time planning their vacations then they do their careers and retirement”

What are the consequences of failing to plan for Your career? (board answers)

Page 8: Sports and Entertainment Management. Managing yourself (how can you manage work if---) Planning Managing Local Events Economic Environments

Same sheet of paper - 1. When do you think you need to plan for

your retirement? 2. Why?3. What is the projected age for your

generation to retire?4. What are the consequences of waiting to

plan for retirement?

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