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If in the future Im ever in a rock band I would have to be crazy to play here in BMCC because it wouldnt be good for business I wouldnt make any profit so therefore the cash flow wouldnt be too great If I had to choose what I was providing I would have to say that I would be providing a service because Im only performing If I were to sell anything of any sort then I would be providing a product Usually ever sense I could remember bands in concert have been providing both product and service In my opinion they would make a little extra cash doing so I mean imagine selling a 3500 shirt to a sold out concert of 100000 people and that they would all buy a single shirt that would be 350000 dollars That my friends is a lot of money In my personal opinion I think that the management function is not more or less important than the marketing function for my band Both functions are important for the band The band needs a management plan that focuses on organizational structure production and human resources The organizational structure is helpful so that the members of the band can know what their roles and responsibilities are and to help estimate that salary each member will be getting paid The band would also need a production plan so that there can be a proposed design and layout of the facilities available for the band and the amount of space available as well The production plan would also help estimate the cost of all the machinery or equipment that needs to be purchased There would also need to be a work environment that will motivate the band members It would have to be a fun and safe environment where we can all feel comfortable and therefore strive to maximize our performance If Im planning to open my own record store
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