Case Study : Food And Beverages At Southwest University Football Game Essay

Drinking on college campuses has become a huge problem. For example, in the 10th century only old people used to drink, but now students drink more than their parents. Students see their parents drinking, so they may think that drinking has no effect on health that anyone can drink so why can’t the students drink? Therefore, college students have been drinking alcohol since the 14th century. Barrett Seaman’s article “How Bingeing Became the New College Sport,” appearing in TIME magazine on August 29, 2005, explains how binge drinking is affecting college students. It also suggests that lowering the drinking age might help solve the problem of binge drinking. This article has much information on how and where students get drunk.

I am going to discuss the topic of National Football League stadiums and their public funding. The purpose of the study is to find out if funding of NFL stadiums is “bad business,” The research I will look at the impacts that a stadium has on the economy in the city. Cities’ like to have attractions that they can draw from and be proud of. Most cities have some form of sport arena, and more are being built or are planned to be built. As with any business there are positives and negatives when hosting a sports team. Cities pay multimillions to help fund and build sport stadiums for teams. I hadn’t researched or looked into this topic before, so I was very intrigued by this. At the end of this paper I will give my own personal opinion.

* I believe that when reading the title, date and place of publication I can safely say that this article is going to be about binge drinking among underage drinking at colleges. Also the issue of lowering the drinking age to under 21.

Barrett Seaman, in “How Bingeing Became the New College Sport”, argues that binge drinking amongst college students would decrease if the legal drinking age was brought down to 18 or 19, instead of 21. The author explains what “Pregaming” is, along with the consequences that had come forth from college students consuming too much alcohol. Seaman talks about how the drinking law was put into place by Congress all thanks to Mothers Against Drunk Driving.

Does anyone care for Sunday night football? This is not just any Sunday night NFL game, but the biggest sporting event in the world that 151 million people will watch in 232 different countries. (“By the Numbers”). Welcome to the Super Bowl. The huge night that everyone looks forward to is a “billion-dollar economic engine that is bigger than the Gross Domestic Product of many nations” (John 3). Although the Super Bowl is only played once a year, it is the biggest, most-widely known game in American history and the most-widely viewed television spectacle in the world.

Currently the Never Land athletic department has $7,472,800 in expenses and $4,980,250 in revenue coming in leaving the Bells $2,492,550 in debt for the year (Fried, DeSchriver, Mondello, 2013). If the athletic department does not make any changes, they will be in even more debt five years down the road. The athletic director brought in a consultant who made five proposed goals to try to help the athletic department become more financially stable. Mr. Balboa must work hard to try to achieve these goals, but if he does, the department could be in a better place in five years.

Southwestern University: F The recent success of Southwestern University’s football program is causing SWU’s president, Joel Wisner, more problems than he faced during the team’s losing era in the early 1990s. For one thing, increasing game-day attendance is squeezing the town of Stephenville, Texas and the campus. Complaints are arising over parking, seating, concession prices, and even a shortage of programs at some games. Dr. Wisner, once again, turns to his stadium manager, Hank Maddux. This time, he needs a guaranteed revenue stream to help fuel the stadium expansion. One source of income could easily be the high-profit game programs. Selling for $6 each, programs are a tricky business. Under substantial pressure from

Break even analysis is reliable as it is made from the budget and it gives a financial structure to the business. The data used for break-even, the business try to make the data as accurate as possible. They make this data depending on the previous year’s financial report. That’s why break-even is reliable to estimate current year’s results. In a short run, break-even analysis can be accurate.

Dallas cowboys stadium, also called AT&T stadium, is the largest domed stadium in the National Football League in Arlington, Texas, United States, which is city-owned and has a capacity of 85,000 seats with a telescopic roof. It is used as the base camp of Dallas Cowboys, a great sport club in the world. Except its major application – professional football, many other kinds of activities can he carried out in the stadium like basketball matches, soccer games, also Spartan games and motocross. The stadium was finished on May 27 in 2009.

Break-even point analysis is a measurement system that calculates the margin of safety by comparing the amount of revenues or units that must be sold to cover fixed and variable costs associated with making the sales. In other words, it’s a way to calculate when a project will be profitable by equating its total revenues with its total expenses. There are several different uses for the equation, but all of them deal with managerial accounting and cost management (Break-Even Point, n.d.)

The internal sales data showed that the business would need $45,000 in monthly revenue to break even. The sales forecast which have been prepared keep in mind a 65% gross margin, however, based on actual figure for 2009, this target has not been reached, and the forecasted sales have fallen.

This case study analyzed five different projects Target Corporation had to decide on capital spent for which project created the most value and the most growth for the company and its shareholders. By analyzing the financial statements and exhibits of each project, I was able to determine the positives and negatives of each of these alternatives. The alternatives were Gopher Place, Whalen Court, The Barn, Goldie’s Square, or Stadium Remodel.

A company's break-even point is the amount of sales or revenues that it must generate in order to equal its expenses. In other words, it is the point at which the company neither makes a profit nor suffers a loss. Calculating the break-even point (through break-even analysis) can provide a simple, yet powerful quantitative tool for managers. In its simplest form, break-even analysis provides insight into whether or not revenue from a product or service has the ability to cover the relevant costs of production of that product or service. Managers can use this information in making a wide range of business decisions, including setting prices, preparing competitive bids, and applying for loans.

Shelby Givens is a recent business school graduate who returned home to Raleigh to help rescue her family's ailing bowling alley - Westlake Lanes.

Problem: Southwestern University is experiencing a quickly expanding football program. As a result, attendance for home games is increasing and approaching capacity. It is in the best interest of SWU to forecast attendance to aid them in deciding when the best time to expand the present stadium, which now holds 54,000.