Unit 7 P3 Business Study - 1873 Words

Task 1 - Carry out follow up activities after a business event (P7) Our business event was a music concert we decide to host at our college. A team of four of us where in charge of leading the event and organising it. We were able to get 4 college students we know from the music department to play at our event, and they already had a big following within the college community, and where well known artists in the Amersham area. Our event was a studio session we organised for fellow college students to come to and allow them to stand around and listen to some good music. As it was a session it was a lot more chilled, and although we had 14 minutes per act for our hour time slot, we were aware that the audience weren’t too bothered about†¦show more content†¦I think our event was successful for many reasons, for example I think we achieved all of our objectives which we set out to achieve before the event, and this is why I think it was successful: - To make a profit – in order to be able to raise money for our charity - To attract an audience of 25+ people - To make sure the event is successful and enjoyable for all the people associated. - To raise awareness of the charity (WWF) - To raise money for (WWF) Looking at our objectives of our business event, it would be a suitable conclusion to say we ran a successful event. Looking at the above objectives, we can clearly see that we achieved our aim to raise money, for our chosen charity (WWF). To be able to make profit was another aim of ours, this was a goal we would achieve, and only achieve if we managed to raise money for our chosen charity, as to raise money will involve making a profit. This is beneficial for the charity, as they will have extra funds to fund their campaigns. Additionally, we also where able to raise awareness of our chosen charity, through accepting donations and informing our audience who we were raising money for. Another indication into the success of our business, would be through the number of tickets we sold and the audience we attracted. Our goal was to achieve a profit, and we worked out if we had 25 people in the audience each donating  £2 each then we would be able to achieve ourShow MoreRelatedAssignment For Unit 10 Market Research 1119 Words   |  5 Pagesï » ¿ Course BTEC Level 3, 90 Credit Diploma in Business Unit / Module / F Skill 10 LEVEL 3 Assignment Title Market Research in Business Lecturer/Assessor Terence Bowrage Issue date 25/03/2014 Submission date 23/04/2014 Student declaration I declare that this assignment is all my own work and the sources of information and material I have used (including the internet) have been fully identified and properly acknowledged as required. 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