Stakeholder Influence and Decision-making in the Events Industry
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Stakeholder Influence and Decision-making in the Events Industry
The events industry is a complex and multifaceted industry that involves various stakeholders, including event organizers, attendees, sponsors, and vendors. These stakeholders play a significant role in the decision-making processes of the events industry, and their influence can impact the success or failure of an event. In this essay, I will explore the role of stakeholders in the events industry and their influence on decision-making.
Stakeholders in the Events Industry
Stakeholders are individuals or groups who have an interest or stake in the success of an event. They can include organizers, attendees, sponsors, vendors, local communities, and government agencies. Each stakeholder has a different level of interest and impact on the event, and their opinions and concerns should be considered when making decisions about the event.
Event Organizers: Event organizers are the individuals or organizations responsible for planning and executing an event. They have the most significant influence on the event’s success or failure, as they make most of the decisions related to the event. Their decisions can impact other stakeholders, such as attendees, sponsors, and vendors.
Attendees: Attendees are individuals who participate in an event. They have a significant impact on the event’s success, as they provide revenue and feedback. Attendees’ feedback can be used to improve the event and attract future attendees.
Sponsors: Sponsors are individuals or organizations that provide financial or other resources to an event. They have a significant impact on the event’s success, as their support can provide financial stability and attract more attendees. In return, sponsors receive exposure and access to the event’s attendees.
Vendors: Vendors are individuals or organizations that provide goods or services to an event. They have a significant impact on the event’s success, as they can provide essential services, such as catering, equipment, and entertainment.
Local Communities: Local communities are the individuals and organizations that reside in the area where the event takes place. They can be impacted by the event’s activities, such as traffic, noise, and environmental impact. Their support and feedback can be essential for the event’s success.
Government Agencies: Government agencies are responsible for regulating events and ensuring compliance with laws and regulations. They have a significant impact on the event’s success, as they can grant permits and impose fines for non-compliance.
Stakeholder Influence
Stakeholders can influence events in various ways, depending on their interests and power. Some stakeholders have more influence than others, and their opinions and concerns should be considered when making decisions about the event.
Event Organizers: Event organizers have the most significant influence on the event, as they make most of the decisions related to the event. Their decisions can impact other stakeholders, such as attendees, sponsors, and vendors. They should consider the interests and concerns of other stakeholders when making decisions.
Attendees: Attendees have the power to influence events through their attendance and feedback. Their attendance provides revenue and exposure for the event, while their feedback can be used to improve the event and attract future attendees.
Sponsors: Sponsors have the power to influence events through their financial and other resources. Their support can provide financial stability and attract more attendees. In return, sponsors receive exposure and access to the event’s attendees.
Vendors: Vendors have the power to influence events through their goods and services. They can provide essential services, such as catering, equipment, and entertainment, which can impact the event’s success.
Local Communities: Local communities have the power to influence events through their support and feedback. Their support can provide essential resources, such as volunteers and facilities, while their feedback can be used to improve the event and mitigate negative impacts.
Government Agencies: Government agencies have the power to influence events through their regulation and enforcement. They can grant permits and impose fines for non-compliance, which can impact the event’s success
Stakeholder Influence and Decision-making in the Events Industry
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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