Final Flashcards

1
Q

gambling

A

act of placing stakes on an unknown outcome with the possibility of securing a gain

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2
Q

bet

A

wager

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3
Q

handle

A

total amount of money bet

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4
Q

win

A

handle minus money paid out on winning bets

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5
Q

clinic

A

A workshop-type educational experience in which attendees learn by doing

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6
Q

cvb responsibilities

A

1 To enhance tourism
2. To market the area
3. To target associations to hold meetings
4. To assist associations with convention preparations
5. To encourage tourists to partake in recreational opportunities

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7
Q

symposium

A

An event at which a particular subject is discussed by experts and opinions are gathered

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8
Q

workshop

A

includes exercises to enhance skills or develop knowledge in a specific topic

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9
Q

seminar

A

discussion that allows participants to share experiences in a particular field

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10
Q

forum

A

An assembly for the discussion of common concerns

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11
Q

special event management skills

A

marketing, planning, organization, motivation

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12
Q

special event classifications

A

corporate events, association events, charity/fundraising, social functions, fairs/festivals, concerts/sports

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13
Q

fair and festivals related to

A

agriculture industry

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14
Q

mega events

A

biggest moneymakers in the industry i.e. superbowl

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15
Q

transactional leadership

A

an exchange or transaction takes place between leader and follower

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16
Q

transformational leadership

A

inspires others to reach beyond themselves and do more than they originally thought possible

17
Q

ethics

A

set of moral principles and values that people use to answer questions about right and wrong

18
Q

management

A

coordinating and overseeing the activities of others so that their activities are completed efficiently and effectively

19
Q

controlling

A

the setting of standards and comparing actual results with these standards

20
Q

planning

A

setting the company’s goals and developing plans to meet or exceed those goals

21
Q

organizing

A

decide what needs to be done, who will do it, how the tasks will be grouped

22
Q

decision making

A

determining the vision, mission, goals, and objectives of the project

23
Q

hr

A

attracting and retaining the best employees and creating an environment that employees desire to work in

24
Q

long term plans

A

strategic - steer an organization toward its goals in the accomplishment of its mission and vision

25
Q

most common corporate strategies

A

growth, strategic alliance/joint venture, diversification

26
Q

growth strategies

A

market penetration, geographic expansion, product development, horizontal integration

27
Q

4 Ps of marketing

A

product, price, place, promotion

28
Q

teams

A

task-oriented work groups

29
Q

upward communication

A

managers or other company leaders rely on their subordinates for receiving information

30
Q

downward communication

A

Communication flowing down from supervisor to employee

31
Q

lateral communication

A

takes place between the employees of a company who are on the same hierarchical level

32
Q

diagonal communication

A

takes place between employees who are on different hierarchical levels and in different departments

33
Q

decision making proccess

A

identify problem, decision making criteria, allocation of weights, alternatives, analysis of alts, selection of alts, implement alts, evaluation

34
Q

control process

A

determine goals, set standards, measure results, compare results, take actions