SEM - Final exam preparation

Question 1

Based on the Economic Impacts of Hong Kong Sport Events KPMG report, which cities are HK’s major competitions?

Accepted Answer

Kuala Lumpur & Tokyo

Question 2

Which is a variable cost in the expenditure targets of a sport event?

Accepted Answer

All of them are variable costs

Question 3

Which is a predominantly fixed cost of a sport event?

Accepted Answer

all of them are correct answers

Question 4

Season tickets and corporate boxes are traditional ways of … and … in advance.

Accepted Answer

packaging tickets … achieving revenue

Question 5

The timelines for each task should combined into a …, however, it could be very complex and difficult to use for a(n)...

Accepted Answer

Gantt chart, … major sport events

Question 6

IOC gives …. warnings to NOCs … ahead of the Games to decide the nominate city?

Accepted Answer

6 months … 9.5 years

Question 7

Regarding the income generation categories, which have on-site and printed form types?

Accepted Answer

space sales

Question 8

Which is the most common line items for income generated prior to an event?

Accepted Answer

All of them

Question 9

... are another membership target no matter the size of the organization.

Accepted Answer

Donation

Question 10

The … (the hard copy of the proposal = Candidature File) … are the essential elements of the bidding process

Accepted Answer

bid book … and the presentation

Question 11

The ……. should be conservative when estimating their number of entries!

Accepted Answer

first-time budget-makers

Question 12

Melbourne’s 1956 Summer Olympics had a long-term sustainable investment as they are still using that! Which sport event?

Accepted Answer

Host venue of the Australian Open Tennis Championship.

Question 13

Which sort of costs increased a lot unpredictably after 9/11 in the sport event management and why?

Accepted Answer

insurance … more security danger

Question 14

Regarding the income generation categories, which of the below ones is not an on-site space sale?

Accepted Answer

On event tickets, flyers, posters

Question 15

Which is an indirect cost in the expenditure targets of a sport event?

Accepted Answer

All of them are indirect costs

Question 16

Before the implementation of the event, FINA offers guideline for World Championship candidates …

Accepted Answer

5 years prior to the event

Question 17

“I know 50 teams that will participate, no problem.” These become the famous last words of a ..… regarding the budgeting

Accepted Answer

wannabe event planner

Questions 17