Question 1

Human society is:&#10;A)complex and interactive.&#10;B)complicated and stable.&#10;C)controversial and problematic.&#10;D)complete and inclusive.

Accepted Answer

Human society is complex and interactive because it involves a variety of social, cultural, economic, and political factors that interact with one another in intricate ways. Human societies are also dynamic and constantly evolving, which adds to their complexity.

Question 2

Without the social contact that events often give:&#10;A)humans lack meaning.&#10;B)society falls apart.&#10;C)the feeling of isolation can be very great.&#10;D)people get grumpy.

Accepted Answer

Without social contact, people can feel isolated, lonely, and disconnected. This can lead to increased feelings of depression and anxiety.

Question 3

Is the following statement true or false?&#10;Destinations need to contain numerous elements of key infrastructure to attract tourists.

Accepted Answer

Destinations need to have key infrastructure like transportation, accommodation, food, entertainment, and attractions to attract tourists. Without these elements, it would be difficult to provide a satisfactory experience to tourists.

Question 4

Is the following statement true or false?&#10;Events are analysed in economic terms because this is the best way to measure success.

Accepted Answer

While economic analysis may be one way to measure success, events can also be evaluated based on other factors such as social impact, attendee experience, and cultural significance. Economic analysis alone does not provide a comprehensive view of the success of an event.

Question 5

Is the following statement true or false?&#10;Developmental events could be used as a mechanism for generating redevelopment, image-building and regeneration for a particular area.

Accepted Answer

Developmental events such as building new infrastructure, hosting cultural events, and creating attractions can bring attention and investment to a particular area, leading to redevelopment, image-building, and regeneration.

Question 6

Is the following statement true or false?&#10;All events have to make an economic impact.

Accepted Answer

Not all events have to make an economic impact. Some events may be held for purely social or cultural purposes without any intention of generating profit or economic benefits.

Question 7

An alternative to undertaking a PEST analysis is to perform a SWOT analysis.SWOT analysis stands for:&#10;A)Suppliers, Workers, Organisation, and Timeline.&#10;B)Sweat, Work, Overtired, Tears.&#10;C)Strengths, Weaknesses, Opportunities, and Threats.&#10;D)Staff, Water, Operations, Tests.

Accepted Answer

SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats - making it an alternative to the PEST analysis tool. Choice A, B, and D are not relevant or used in business analysis.

Question 8

Public events are:&#10;A)fee-earning.&#10;B)attended by celebrities.&#10;C)generators of publicity.&#10;D)attended by the general public.

Accepted Answer

Public events are events that are open to the general public to attend. While some public events may charge a fee for attendance, this is not always the case. Public events can vary widely in terms of size and scope, from local community fairs to large-scale concerts or sporting events. Public events can be a great way to generate publicity for a cause, organization, or product, as they often attract a lot of attention from the media and general public. While some public events may be attended by celebrities, this is not a defining characteristic of this type of event.

Question 9

What is an opportunity cost of an event?&#10;A)The cost of buying an opportunity to invest.&#10;B)The value of the next best alternative investment.&#10;C)The value of opportunities opened up by an event.&#10;D)The cost of opportunities opened up by an event.

Accepted Answer

The opportunity cost of an event is the value of the next best alternative investment. It is the cost of giving up the opportunity to invest in the best alternative in order to invest in a particular event. Therefore, the best choice is option B.

Question 10

Is the following statement true or false?&#10;Events can be seen in terms of promoting and sustaining tourism.

Accepted Answer

Events such as festivals, concerts, and sports tournaments can attract tourists and provide them with entertainment and activities, thus promoting and sustaining tourism.

Question 11

What does economic multiplier analysis estimate?&#10;A)Indirect benefits&#10;B)Direct benefits&#10;C)Direct and indirect benefits&#10;D)Immediate and intermediate benefits

Accepted Answer

The answer of What does economic multiplier analysis estimate?&#10;A)Indirect benefits&#10;B)Direct...

Question 12

Is the following statement true or false?&#10;Attractions must be purpose-built in order to attract tourism.

Accepted Answer

The answer of Is the following statement true or false?&#10;Attractions...

Question 13

What are indirect economic benefits of events?&#10;A)Employment at the event&#10;B)Profit made at the event&#10;C)The wider spending associated with an event&#10;D)Additional income streams for events

Accepted Answer

The answer of What are indirect economic benefits of events?&#10;A)Employment...

Deck 4: Social, Economic, Political and Developmental Implications