field hockey

field hockey

Thursday, January 22, 2015

1. Do you think you were a successful business owner?
   Why or why not?
I do not think I was a successful business owner. I had a lot of trouble keeping money through out this whole project.

2. What was your primary purpose in playing and managing this simulation? 
The primary purpose of this was to see what the real world like it to run and operate a business. 

3. What were the two main reasons for not making more money?
Hiring more people than necessary and not being able to get the fans into the stadium in time.

4. What do you think you did best in the planning and running of your football team?
I think I did a good job pricing the tickets right.

5. What was your biggest weakness in running this simulation?
I was not able to make a lot of money through out the three seasons. 
6. Explain how you managed yield management pricing? 
I priced it knowing what the fans are willing to spend. 

7. Explain how you used market research to help your planning.
With the results of the of the market research I was able figure out which stadium to pick and the prices of tickets. 

8. Explain how infrastructure the city's businesses affect the running of your team. 
The more business the city has the more money the stadium will make.  

9. Explain why it might be important to ask questions about devotion and ticket spending when trying to determine where to locate your team.
You need to be aware of how much money people are willing to spend on going to a football game. 

10. What promotion would you like to receive if going to one of your games?
If I was going to a football game I would want a hat. 


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