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LPC FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF FDMC4027 Financial Decision Making for Creative Projects and Events Autumn 2018 Practical Brief Handout: September,2018 Access via GSM Learn Date of...

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LPC
FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF

FDMC4027
Financial Decision Making for Creative Projects and
Events
Autumn 2018

Practical Brief

Handout: September,2018
Access via GSM Learn

Date of Presentation: Week 9

This is a Group Presentation that should be performed in the classroom.


10 Minute Presentation


Learning outcomes assessed:
At the end of a module students will be expected to be able to:
1. Identify major areas of consideration when looking at financing an event.
2. Define the scope and structure of profit and identify where it can be derived from.
3. Explain the types of decisions and considerations an event manager would need
to make in order to ensure their event is financially viable.
4. Outline the key characteristics and concepts of pricing and the tools to be used in
determining the price of an event.


This Practical is worth 30% of the total marks for this module.
FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF
GSM LONDON Page 2 of 10
Coursework Instructions
Please read carefully
• Carefully read the module handbook, the marking criteria and the grade
descriptors.
Academic Misconduct
You are responsible for ensuring you understand the policy and regulations
about academic misconduct. You must:
• Complete this work alone except where required or allowed by this
assignment
iefing paper and ensure it has not been written or composed
y or with the assistance of any other person.
• Make sure all sentences or passages quoted from other people’s work in
this assignment (with or without trivial changes) are in quotation marks, and
are specifically acknowledged by reference to the author, work and page.
FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF
GSM LONDON Page 3 of 10




















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FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF
GSM LONDON Page 4 of 10
Practical Assessment and Presentation Brief (30%)
Students (group of THREE) will ca
y out a 10-minute presentation
of their proposal at the end of the term using PowerPoint
presentation. The proposal may include:
End of Presentation Brief
FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF
GSM LONDON Page 5 of 10
Marking Criteria (Level 4)
KNOWLEDGE &
UNDERSTANDING
INTELLECTUAL &
COGNITIVE SKILLS
Graduate Skills:
transferable,
employability, practical
and academic skills
Factual and conceptual
knowledge and
understanding; use of
class materials;
independent reading
Critical thinking;
conceptualisation;
creativity; synthesis,
analysis and
evaluation;
application; problem
solving and
esearch/investigation
Written, oral and
presentation skills;
interpersonal, group
and teamwork skills;
leadership skills;
numeracy; digital skills;
practical, professional
and academic skills
(including
eferencing/presentation
MARKING
BAND
CLASSIFICATION WEIGHTED AT 45% WEIGHTED AT 30% WEIGHTED AT 25%
XXXXXXXXXX% FIRST (1ST) Includes all required
factual content, accurately
summarised.
Well developed,
elevant, reasoned
introduction and
conclusions.
Within word count or
presentation time.
Accurate identification of
elevant concepts, theories
and/or principles,
appropriate to this level
and likely to extend beyond
core of classroom content
Clearly and logically
structured material.
Accurate spelling,
grammar, punctuation,
paragraphing. Structured
appropriately
Excellent understanding of
factual and conceptual
material, relative to this
level.
Information or data
selected from a good
ange of appropriate
primary and/or
secondary sources, and
categorised, analysed
or evaluated using
elevant methods or
techniques.
Fluent, interesting writing
style, appropriate to the
assignment OR engaging,
confident, audible and
well paced presentation.
Calculations are accurate,
clearly set out, with
explanations.
Well developed,
coherent arguments,
eferencing primary and
secondary literature.
Appropriate visual
presentation, including
font, spacing, margins,
headings, graphics,
images and appendices.
Well developed
integration of theory
and practice, for this
level, using defined
conceptual frameworks.
Co
ect use of academic
conventions, references
and bibliography.
Very good application
of numerical and
statistical methods to
defined problems.
Outstanding, consistent
delivery of group work
obligations, for this level.
Substantiated, relevant,
logical
ecommendations. Very
good awareness of
ethical issues, where
elevant.
Insightful reflection on
own strengths and
weaknesses in relation to
defined professional and
practical skills.
70 - 85% FIRST (1ST) Includes all required
factual content, accurately
Well developed,
elevant introduction
Within word count or
presentation time.
FDMC4027 XXXXXXXXXXAUTUMN 2018 PRACTICAL BRIEF
GSM LONDON Page 6 of 10
summarised. and conclusions.
Includes relevant factual
content only.
Well structured
material.
Accurate spelling,
grammar, punctuation,
paragraphing. Structured
appropriately
Accurate identification of
elevant concepts, theories
and/or principles,
appropriate to this level.
Information or data
selected from a good
ange of appropriate
primary and/or
secondary sources, and
categorised, analysed
or evaluated using
elevant methods or
techniques.
Fluent writing style,
appropriate to the
assignment OR engaging,
audible and well paced
presentation. Structured
appropriately
Very good understanding
of factual and conceptual
material, relative to this
level.
Coherent arguments,
eferencing primary and
secondary literature.
Appropriate visual
presentation, including
font, spacing, margins,
headings, graphics,
images and appendices.
Calculations are accurate,
clearly set out, with
explanations.
Very good integration of
theory and practice, for
this level, using defined
conceptual frameworks.
Co
ect use of academic
conventions, references
and bibliography.
Good application of
numerical and
statistical methods to
defined problems.
Very good, consistent
delivery of group work
obligations, for this level.
Relevant and logical
ecommendations.
Good awareness of
ethical issues, where
elevant.
Good reflection on own
strengths and
weaknesses in relation to
defined professional and
practical skills.
60 - 69% UPPER SECOND
(2:1)
Includes most required
factual content, mostly
accurately summarised.
Relevant introduction
and conclusions.
Appropriate visual
presentation, including
font, spacing, margins,
headings, graphics,
images and appendices.
Includes relevant factual
content only.
Clearly structured
material.
Mostly accurate spelling,
grammar, punctuation,
paragraphing.
Mainly accurate
identification of relevant
concepts, theories and/or
principles, appropriate to
this level
Answered Same Day Nov 20, 2020

Solution

Godfrey answered on Nov 22 2020
162 Votes
Financial Decision Making for a movie theatre
Financial Decision Making for a movie theatre
y (Name)
The Name of the Class (Course)
Professor (Tutor)
The Name of the School (University)
The City and State where it is located The Date
Introduction
A popular entertainment company in the country would like to a
ange a movie theatre for its esteemed customers which has a demand.
The event will take place at the national theatre hall every on weekends and will be targeting at least 700 customers per event.
The national theatre hall well equipped with comfortable seats, CCTVs, air conditioners, lighting system, sound system, etc.
The 1,000 seating capacity theatre is furnished with high quality comfortable seats and customers will be provided with snack items alongside beverages at a subsidized price.
The event is targeting younger adults seeking entertainment experience during weekends.
The budget
    Item    Cost
    Registration fee     Â£700
    Advertisement and marketing fee     Â£7,000
    Insurance fee     Â£30, 500
    Monthly operation cost (salaries, bills, etc)     Â£60,000
    Hosting website     Â£600
    Miscellaneous    Â£10,000
    Monthly rent     Â£900
    Machinery (projectors, telephone, printing machines, computer, cash register, signage, receipt issuing gadget, etc)     Â£25,000
    License fee     Â£15,300
    Selling price per ticket     Â£50
    Variable cost     Â£20
Breakeven analysis
Break even quantity =
Total fixed cost: £700 + £7,000 + £30, 500 + £60,000 + £600 + £10,000 + £900 + £25,000 + £15,300 = £150,000
Selling price per unit = £50
Variable cost £20
Break even quantity = = 5,000 units
Break Even Analysis, con’t
Monthly Break Even Analysis Graph
Total Cost    0    1000    2000    3000    4000    5000    6000    7000    8000    9000    150000    170000    190000    210000    230000    250000    270000    290000    310000    330000    Variable Cost    0    1000    2000    3000    4000    5000    6000    7000    8000    9000    0    20000    40000    60000    80000    100000    120000    140000    160000    180000    Fixed...
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