questions well answered
Trade publications can be beneficial to a meeting planner for the following reasons, except: -
correct answer ✔✔They provide lists of the top meeting planners each year.
One association in the meetings/event industry is MPI - - Meeting Professionals International. -
correct answer ✔✔T
Written out, the following is true: net income = event revenue minus program expenses. -
correct answer ✔✔T
Event Revenue can be calculated from all of the following except: - correct answer ✔✔Snack
machine sales
Strategic meeting management is a relatively new concept in our field that broadly defined, is a
long range plan of action with regard to meetings, warranted partially by increased competition
and technology. - correct answer ✔✔T
A needs analysis should be done before a meeting is planned and executed to help ensure the
validity of the meeting, thereby positively impacting the chance for success. - correct answer
✔✔T
Considering the financial aspect. ROI = net income divided by program expenses, multiplied by
100 - correct answer ✔✔T
Given the following information, calculate your ROI in terms of a financial percentage:
, Fixed Costs = $25,000
Variable Expenses = $4,300
Registration Sales = $75,000 - correct answer ✔✔??
When using SMART objectives, the M stands for: - correct answer ✔✔Measureable
When using SMART objectives, the T stands for: - correct answer ✔✔Time Oriented or Time
Sensitive
The meeting agenda should align with the meeting goals & objectives. - correct answer ✔✔T
A ___ is a participatory meeting designed for fact finding, discussion, problem solving and
consultation. Typically, a tradeshow component is not included. - correct answer
✔✔Conference
Ideally, meeting objectives should support the goal(s) and be SMART. - correct answer ✔✔T
A scholar opts to do a ____________ when they wish to gather like minds in a room for
purposes of education or sharing of white papers on a particular topic. This type of set up is
implemented on an as needed basis. - correct answer ✔✔?? Maybe Colloquium
A Goal of a meeting is typically the measurable supporting statements, whereas the Objective of
a meeting is typically the general purpose of the event. - correct answer ✔✔F
Organizational factors that may affect the budget may include all of the following except: -
correct answer ✔✔Napkin color used