Access & Interpret Product Info (Unit 3): Terminologies & Abbreviations

Interpret industry terminology and common abbreviations for major product categories. 

List 5 common abbreviations used within your sector and/or organisation (Tourism, Hospitality or Events). 
- F & B (Food & Beverages)
- AV (Audio Visual) event production
- Q&A (Question and answer) time after a event
- VIP (Very Important Person)
- A & B ( Accommodation and Breakfast)


List 5 common industry terminologies used within your sector and/or organisation ( Tourism, Hospitality or Events) and explain their meaning.
- Count: The amount of people attending the event.
- Quote: The term describing stated price. For example, hall hire or catering hire.
- White Tie: Is known as a formal attire which expect for certain types of events. For men it's suits with white ties and evening dresses  for women.
-  Booking: Making an order or reservation for say ticket and accommodation etc.
- On-site catering: The event provides catered food for the guests.


Explain the use of the 24 hour clock within your sector (written or oral). 
The 24 hr clock is commonly used around the world, so using it makes everything less confusing when communicating.



Source:
http://www.confpeople.co.uk/glossary.html

Access & Interpret Product Info (Unit 3): Diverse Products

Interpret Information on diverse products to meet sales, operational and customer needs. 

Research 2 product offerings within your sector and/or organisational (Tourism, Hospitality and Events). Provide the sales and operational needs your customer may require.
Rigging

- Estimated value (quote)
- Safety precautions
- Training or information on rigging/drapes
- Event space and measurements
- Following guidelines
- Provided elements to hang
- Rigging plan
- Research and ideas
- Weight or load calculations


- Customer service support
- Hire


Pyrotechnics

- Safety precautions
- Following guidelines
- Hiring an expert staff
- Management to control the event
- Outdoor or indoor space
- The right equipment such as launchers
- Delivery
- Costing Information
- Forms and applications for fire usage
- Short Training courses
- Gaining approval
-Stage designing

  Demonstrate your knowledge of the Financial Services Reform Act (2001) (FSRA)
 It amended the Corporations Act 2001 and commenced on March 2002.
FSRA regime has three key elements: 
- product disclosure
- Licensing for financial markets and settlement of facilities.
- Licensing for financial services and conduct.
Practitioners who have a financial services business to provide financial services from 2004 must hold a Australian Financial Services License (AFSL).
Penalties are applied to those who don't follow this legislation and the court can order compensation. Files and information must be disclosed as required by the financial market rules and regulations. This includes the right for auditors to come check on activities and lodge a statement in regards to the business.


Source: 
 http://www.ambiencevenuestyling.com/products/
http://www.eventequipment.com.au/lighting/special-effect
 http://www.stagingconnections.com/drapes-and-rigging
 http://www.findlaw.com.au/articles/812/financial-services-reform-act-2001--the-insurance-.aspx
 http://www.comlaw.gov.au/Details/C2004A00891

Access Information on Events (Unit 1): Stages Of Event Management

1. Concept: Preliminary planning & Event approval
The importance of this stage is for ideas to be discussed, set goals and come up with an overall vision for the event. Then you'll have to gain approval for the event to go ahead.

2. Venue scouting & budgeting
The importance of this stage is to be realistic about your economic situation and develop a budget that you can stick to. By knowing how much money you have to use, it can help build a price range for venues you can afford and the tools/products to execute your plan.

3. Program planning, talent selection & recruiting
 The importance of this stage is to lock-in some key speakers or performers as part of the entertainment for event. This can also help with attracting ticket sales.

4. Guest lists & data management
This leads to the RSVP process and gathering numbers for the sitting arrangements. This is important for the team to be organised such as making a schedule and beginning to order any products needed.

5. Promotion, publicity & printed collateral
 This stage that includes reaching out to audiences via printed posters, fliers, newspaper/TV advertisements and posting on social media. It's important that we promote our event to get positive attention and sell more tickets.

6. Event Execution
 This stage is important because you get the chance  ensure all your bases are covered and that prepare for any on-coming issues in the final days before the event.

7. Event Reconciliation
After you have executed all your goals and the event has passed. This includes debrief meeting, going over the budget and event results. It's important you communicate with your team leader, clients and members of the press.




Sources: 

http://www.kmelanie.com/p/the-7-stages-of-highly-effective-event.html

http://blog.eventish.com/2011/08/30/event-management-a-step-by-step-guide/

 http://www.stroke.org/site/DocServer/howtoplananevent.pdf?docID=2921