Secondary Ticket Market Case Study Example | Topics and Well Written Essays - 750 words

Secondary Ticket Market - Case Study Example There are many sports admiration officers who do not think in terms of profit and loss of revenue only. They evaluate the possibility of secondary ticket market from an ethical perspective. They don’t like to endorse organizations that would resell tickets at higher prices. It is one thing to let the secondary market operate and quite another telling the fans that ‘the teams have run out of tickets but if they are interested they can buy the ticket at three times the face value from their partners’. Analysis and Evaluation of Alternatives Despite offering problems, secondary ticket market also serves as an indicator for setting ticket prices. The sports officials can use secondary market data to tweak their ticket prices to maximize profits. Another benefit is the teams who engage with the secondary ticket market can redistribute full or partial plan holders. This is important because according to an estimate 20% of the ticket holders never show up at the game ind icating a loss on the revenue. To keep the tickets from being wasted the team administration can avail the opportunity in secondary ticket market that lets the fans exchange ticket they are not planning to use. As an example the San Francisco Giants implemented this plan the first and they reduced the non-use of tickets by 50%. Evaluation of Case Secondary ticket market offers its own pros and cons. Some teams saw the potential and the benefits it offered so they started to build partnerships with ticket sellers such as StubHub, RazorGator and Ticketmaster to make the exchanges between buyer and seller as secure as possible. NFL, after some resistance, also came to terms with Ticketmaster. The deal allowed Ticketmaster to create a website similar to NFL where buyers and sellers of tickets meet. The case evaluation suggests many possible options however, from the discussion and the interviews in the case it is apparent that business philosophies move from top to bottom; one doesnâ₠¬â„¢t just change the whole model of their business based on an opportunity. As the case suggests that after the internet boom it is almost impossible to foresee who ends up with the original ticket. Some of the teams have such a low inventory that when brokers buy the tickets the primary market becomes nonexistent. The teams at NFL face the dilemma where they have to decide whether to capture the whole of their respective secondary market share and damage their relation with the public or endorse the secondary market, enjoy the additional revenues. There cannot be any hard and fast rule regarding ticket reselling or the concept of secondary market. For some teams and their fans the availability of an unregulated secondary ticket market might be the best thing that could happen. For instance the teams who don’t like the idea of tweaking their ticket prices to a great degree and are alright with the negative publicity brought down by the image of reselling tickets at a premium , they can benefit in more than one way by participating in an open secondary market. They will get additional revenue that they can pour into their operations. The benefits go beyond monitory measurements. The ability to resell tickets is also a great way to retain season ticket holders. The opposite of this opportunity can be devastating at so many levels. If a season ticket holder cannot resell tickets there is a direct loss of revenue and the customer. More importantly if

Memo Essay Example | Topics and Well Written Essays - 500 words - 4

Memo - Essay Example This will determine and provide them of an informed decision regarding the Bartkowicz case. The federal government through the comprehensive Drug Abuse and Prevention and Control Act of 1970 banned the import, cultivation and distribution of illicit drugs and placed marijuana together with heroine in schedule I as non acceptable for medical use but potential for abuse according to the federal bureau of justice statistics(1992). On the other hand, the state of Colorado through an amendment in November 2000 passed a legislation that legalized medical use of marijuana in treating cancer, HIV/AIDS, severe nausea and other diseases though with restrictions (Department of public health and environment, 2010). This piece of legislation contravenes the federal law which does not acknowledge marijuana as useful medication. In Colorado, patients and caregivers enroll in state medical marijuana registry and are issued with registry identification card by the state health agency in order to be allowed to use marijuana. But they can possess no more than two ounces of usable form marijuana and not more than six marijuana plants per patient. Bartkowicz had 12 patients’ certificates and cultivated more than 200 plants which clearly mean a violation of the state law as well as federal law prohibiting possession of more than 100 plants. Besides, the patient certificates are confidential and are kept by the state health agency. Furthermore, the article quotes him as having bragged about his profits and ability to operate a grow house without detection. Thus, he was not cultivating marijuana for medical purposes but sells it for a profit. Clearly contravening the law through drug trafficking. Operating within 1000 ft of a school or playground is also among the provisions punishable by federal law. Concurrently, the Colorado law prohibits use of marijuana in a place open to general

Why Should I Go to College Essay? The Answer Is Easy

Why Should I Go to College Essay? The Answer Is EasyHave you ever heard the answer to the question, 'Why should I go to college?' The reason is very simple, if you are able to overcome your fear of attending college you will be able to meet your goal and that is education.Going to college will help you on several different levels. You will have the chance to make your goals come true. The first one is taking your dream and making it a reality.You will find that your dreams will come true, this is a first for most people and a first for you as well. There is no reason for you to think that you can't succeed and that you can't become a doctor or engineer.Getting your dream school or career will get you where you want to be. You will find that not only will you have the opportunity to take your education to the next level but you will also gain respect and have more fun in life.An easy answer to the question of why should I go to college essay will be, because you love learning. This is the first place you will see that education is not only for the future but it's something that you can enjoy. It will be one of the best decisions you ever make.An easy answer to the question of why should I go to college essay will be, because you love yourself. This is important to do because a lot of people assume that if you are a good student then you must be a good person. You have to learn to love yourself first before you can love others.To love yourself is to love yourself. You will learn so much about yourself from your education. In order to do this you have to learn how to love yourself.

Facts, Fiction and Evan Is Writing a Scholarship Essay Quizlet

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The Insider Secret on Capital Essay Writing Exposed

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