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3 years ago

Identify two to three factors that affect revenue, expenses, and profit in the business of the Super Bowl:

Business

1 answer:

scoundrel [369]3 years ago

5 0

Answer:

Revenue

Ticket Sales - The Super Bowl is one of the most watched sporting events in the world and people pay top dollar to be able to attend it in the stadium. In 2019 the lowest estimate of revenue coming from ticket sales was $65 million.
Television Rights - Networks pay to be able to broadcast the Super Bowl as it will bring in a lot of money for them from Ads. Fox, CBS and NBC are said to pay upwards of $2.5 billion every year to broadcast it.
Merchandising - Millions are made in revenue from the sales of merchandise leading up to and after the big game.

Expenses

Security - With so many people coming to the event, there has to be a provision for both private and public security. This means that Police will have to be paid for overtime and private firms will have to be paid their due.
Cleaning - The stadium will have to be cleaned before, during and after the event so cleaning expenses will cost a bit too.
Ad Hoc staff - There will be a need for people who will not have a specific job title but will still be needed to run around and embark on errands.

Profits

The profits will depend on how much revenues exceeds costs by so all the above listed factors can affect profit.

You might be interested in

Andrea has prepared the following list of statements about corporations. Identify whether each statement is true or false.

Afina-wow [57]

Answer:

1.True

2.True

3.True

4.False

5.True

6.False

7.False

8.True

9.Treu

10.False

5 0

3 years ago

Zoe Corporation has the following information for the month of March: cost of direct materials used in product $15,401,direct la

bija089 [108]

Answers:

Calculation of cost of goods manufactured:

Particulars Amount(in $)

Cost of direct material $15,401

Add: Direct labour $24,583

Add: Factory overhead $35,335

Add: Work In process inventory, March 1 $20,021

Less: Work in process inventory, March 31 $20,681

Cost of goods manufactured $74,659

Calculation of Cost of goods sold:

Particulars Amount(in $)

Cost of goods manufactured $74,659

Add: Finished goods inventory, March 1 $24,889

Less: Finished goods inventory, March 31 $27,311

Cost of goods sold $72,237

7 0

3 years ago

In 1981, 16 percent of wives earned more than their husbands. what was the percentage as of 2005?

AnnZ [28]

Given that In 1981, 16 percent of wives earned more than their husbands.

It is reported that in 2005, about 26% of wives earned more than their husbands.

7 0

3 years ago

Debra's manager publicly reprimanded her in the department meeting. during the manager's 10 minute rant, debra sat quietly. afte

pantera1 [17]

Answer:

Tend and befriend strategy

Explanation:

The tend and befriend strategy involves a person reacting to a situation by seeking for support from others (befriend) or supporting others (tend).

In this scenario Debra's manager publicly reprimanded her in the department meeting.

She did not react immediately but rather sought the support of her friend. She complained for two hours with her best friend to relieve the stress.

This is an example of tend and befriend reaction to stress.

6 0

2 years ago

Normative and positive statements

Gekata [30.6K]

Answer:

Normative

Positive

Normative

Positive

Explanation:

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, the statement , In some circumstances, if taxes are lowered,

government revenues actually increase, can be tested and it has it basis in economic theory

Normative economics is based value judgements, opinions and perspectives. For example, the statement - taxes are too high - is based on opinion. To some it is too high while to others it would be too low

8 0

3 years ago