What is SPONSORSHIP ?? - Deepstash
What is SPONSORSHIP ??

What is SPONSORSHIP ??

Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor, is known as the sponsor.

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The world's most prestigious tennis tournament

Wimbledon may be the world's most prestigious tennis tournament, but it's a laggard when it comes to revenue and deliberately so.

According to official financial records posted by Companies House, Wimbledon generated $289 million in 2017, 6.5% more than last year. By comparison, although 2017 results have not been released yet, a source with knowledge of the figures tells Forbes that the U.S. Open posted revenue of $335 million, a 9.8% gain from 2016.

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It refers to any event or program an enterprise undertakes that causes major disruption to daily operations.

Organizational change management ensures that the new processes resulting from a project are actually adopted by the people who are affected.

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Woodstock - the most famous rock festival

The Woodstock Music and Art Fair of 1969 was organized by inexperienced promoters who still managed to get performers like Jimi Hendrix, Santana, and Joe Cocker.

There were problems from the start: both Woodstock and Wallkill would not stage it. Then farmer Max Yasgur made his land available for the festival. Only a few tickets were sold, but over 400,000 showed up and mostly entered without paying. It rained, but the audience bonded - probably because they consumed marijuana and psychedelics.

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