<span>The attractiveness test asks the question: is the industry profitable or capable of being profitable. It is a fundamental test for managers and investors and helps to establish a baseline of performance expectation. An answer of 'no' to the attractiveness test indicates that the industry is not likely to be a good investment.</span>
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.
Answer:
McMahon Corporation
Partial productivity measures for labor for the four locations:
Mobile Pecos Spokane Lansing
Labor productivity 3.26 3.93 3.29 2.48
(meals per labor
hour)
Explanation:
a) Data and Calculations:
Mobile Pecos Spokane Lansing Total
Meals served 114,000 216,000 74,000 13,500 417,500
Labor-hours 35,000 55,000 22,500 5,250 117,750
Labor productivity 3.26 3.93 3.29 2.48 3.55
b) Labor productivity is computed as total output divided by labor-hours (labor input). It is the manpower or workforce productivity. It is one of the productivity measures with capital as the other measure.
For monetary purposes inside the USA, the running-age population does no longer include the civilian, noninstitutional population aged sixteen and over.
Working age' is normally described as 15 to 64 years. This definition is for example used for the 'vintage-age dependency ratio', with people aged 65 and over being labelled 'established'.
The labour pressure participation fees are calculated because the labour force is divided by the full working-age populace. The working age populace refers to people aged 15 to sixty-four. This indicator is damaged down by using age organization and its miles measured as a per cent of every age institution.
A number of the opposite discounts are in all likelihood because of out-migration during the pandemic. however, in regards to the shrinkage within the pool from which we could pull a staff, the primary purpose is demographics. greater human beings are passing into retirement age than are getting into running age.
The working-age populace is the entire populace in an area this is considered capable and possibly to paintings based on the number of people in a predetermined age variety. The working-age population degree is used to provide an estimate of the overall number of capable employees within an economic system.
Learn more about the working-age population here: brainly.com/question/14821832
#SPJ4
Answer:
The amount of the gain that the estimate change caused = $12 million
Explanation:
The explanation for this question is given in the attachment below.