Venue Management Final Exam 2023 Graded A
True or false. In the 1940s, sporting events were more popular than entertainment
events.
False
In the 1980s, what was the average seating in stadiums?
a. 20,000
b. 30,000-40,000
c. 60,000-100,000
d. 8,000-12,000
c. 60,000-100,000
Which is an open-air venue with a permanent stage, fixed seating and lawn
seating, and typical events include concerts, presentations, and community
events?
a. Auditorium
b. Amphitheater
c. Stadium Special
d. Event Venue
b. Amphitheater
Which is NOT a role of the venue manager?
a. Operating sound and lights
b. Booking the venue
c. Marketing and Sales
d. Safety and Security
a. Operating sound and lights
True or False? Crowd Management is a proactive organizational strategy which
guides venue personnel in providing and maintaining the desired event
environment.
True
What is the area that people use when exiting a venue?
a. Ingress
b. Egress
c. Changeovers
d. Lobby
b. Egress
True or False? A publicly owned venue is tax exempt.
True
Which is NOT a type of venue management?
a. Government Department
b. Academic Institutions
c. Private Companies
d. DIY Artists
d. DIY Artists
Which is a key skill of a venue manager?
a. Ability to negotiate
b. Having great taste in food
, c. Being good at firing employees
d. Getting into a rhythm and not changing anything
a. Ability to negotiate
True or False? A Physical Plant is a person or group that is in charge of all major
decisions of the building, management, and execution of the venue.
False
True or false? It is always better to be publicly managed.
False
Which of the following is NOT a key skill of a venue manager?
a. Good ethics
b. Team building abilities
c. Accounting skills
d. Entrepreneurial instincts
c. Accounting skills
Effective communication is a key element in successful venue management
True
Ownership and management of venues are the same across all venues in
America
False
Venue management requires the ability to _______ revenue and ______
expenditures for the purpose of accurately projecting the annual financial
performance of a venue
a. Control; forecast
b. Forecast; control
c. Guess, assume
d. Assume, guess
b. Forecast; control
GAAP stands for:
a. Generously Admitted Arithmetic Principles
b. Generally Assumed Arithmetic Principles
c. Generally Accepted Accounting Principles
d. Generously Assumed Arithmetic Principles
c. Generally Accepted Accounting Principles
The finance director usually does all of the following EXCEPT: a.Reports directly
to venue manager
b. Understands the venue management business
c. Gathers, interprets, and provides venue financial information
d. Leads weekly team meetings at the venue
d. Leads weekly team meetings at the venue
Which of the following is NOT a stage in the operating budget process?
a. Development
b. Research & Preparation
c. Approval
d. Execution
a. Development
True or false. In the 1940s, sporting events were more popular than entertainment
events.
False
In the 1980s, what was the average seating in stadiums?
a. 20,000
b. 30,000-40,000
c. 60,000-100,000
d. 8,000-12,000
c. 60,000-100,000
Which is an open-air venue with a permanent stage, fixed seating and lawn
seating, and typical events include concerts, presentations, and community
events?
a. Auditorium
b. Amphitheater
c. Stadium Special
d. Event Venue
b. Amphitheater
Which is NOT a role of the venue manager?
a. Operating sound and lights
b. Booking the venue
c. Marketing and Sales
d. Safety and Security
a. Operating sound and lights
True or False? Crowd Management is a proactive organizational strategy which
guides venue personnel in providing and maintaining the desired event
environment.
True
What is the area that people use when exiting a venue?
a. Ingress
b. Egress
c. Changeovers
d. Lobby
b. Egress
True or False? A publicly owned venue is tax exempt.
True
Which is NOT a type of venue management?
a. Government Department
b. Academic Institutions
c. Private Companies
d. DIY Artists
d. DIY Artists
Which is a key skill of a venue manager?
a. Ability to negotiate
b. Having great taste in food
, c. Being good at firing employees
d. Getting into a rhythm and not changing anything
a. Ability to negotiate
True or False? A Physical Plant is a person or group that is in charge of all major
decisions of the building, management, and execution of the venue.
False
True or false? It is always better to be publicly managed.
False
Which of the following is NOT a key skill of a venue manager?
a. Good ethics
b. Team building abilities
c. Accounting skills
d. Entrepreneurial instincts
c. Accounting skills
Effective communication is a key element in successful venue management
True
Ownership and management of venues are the same across all venues in
America
False
Venue management requires the ability to _______ revenue and ______
expenditures for the purpose of accurately projecting the annual financial
performance of a venue
a. Control; forecast
b. Forecast; control
c. Guess, assume
d. Assume, guess
b. Forecast; control
GAAP stands for:
a. Generously Admitted Arithmetic Principles
b. Generally Assumed Arithmetic Principles
c. Generally Accepted Accounting Principles
d. Generously Assumed Arithmetic Principles
c. Generally Accepted Accounting Principles
The finance director usually does all of the following EXCEPT: a.Reports directly
to venue manager
b. Understands the venue management business
c. Gathers, interprets, and provides venue financial information
d. Leads weekly team meetings at the venue
d. Leads weekly team meetings at the venue
Which of the following is NOT a stage in the operating budget process?
a. Development
b. Research & Preparation
c. Approval
d. Execution
a. Development
