A | B |
Industry Norm | Research conducted to determine this also known as the average expectation |
Marketing Decisions | These are based on industry standards, norms, and trends |
Customers | Understanding this creates better strategies to increase market share and competition |
subindusties | Industries that are broken down further |
Industry Standards | These are the guideline and goals set for different entertainment industries |
Travel and Hotel | These industries are closely related to the sports and entertainment industries. |
Travel | The worlds largest industry |
Orlando, Florida | This location for conferences has it all, theme parks, hotels, and a convention center |
FIFA | The international governing body for soccer |
India | This country is experiencing economic growth, more discretionary income, and more leisure time options |
Joint Venture | A business with two or more organizations are working together to share costs and profits |
Industry trends | Data from this is collected over several years, shows growth or decline, and demand for events |
Clinics | These last one or two days focusing on one skill |
direct mailers, sports magazines, brochures | Sports camps use these promotions |
Industry | A group of organizations who handle the same product, group of products, or type of services |
Infrastructure | Underlying framework of cities |
Sports camp | Athletic training sessions that cover a variety of skills |
Ecoturism | Tourism to natural areas where the environment sustains local people |
globalization | internation economic relationships with goods and services |
tourism | Traveling for pleasure |
Industry standards | guidelines and goals set for the entertainment industry |
niche travel | Recreational travel for special interests |
Indirect economic impact | Money spent by locals that came from tourists |
Discretionary Income | Money left after paying for necessities or fixed expenses |
Direct Economic Impact | Total new spending resulting from an attraction or event |