Title: Examine the challenges posed by uncontrollable variables in the sports, entertainment, and event industries.
Course: Sports, Entertainment, and Event Management > Section: Exploring the Legal Aspects of Sports, Entertainment, and Event Industries

Examination should include

- a comprehensive review of uncontrollable factors (e.g., environmental conditions, social dynamics, team results/performance, a broader economic climate) that can affect outcomes
- how uncontrollable variables can shape decision-making, planning, and preparation.

Process/Skill Questions:

- What makes sports, entertainment, and events more vulnerable to uncontrollable factors compared to other industries?
- What strategies can a business use to manage a product while navigating potential risks?
- What effect could unpredictable circumstances have on key revenue streams like tickets, merchandise, and concessions?

- How should a business plan for unexpected challenges or external influences?
- What are the most pressing threats businesses face today?
- How should a business approach a major hurdle or crisis?
- How can a company manage the cancellation of an event?