HM 316 Study Guide - Fall 2018, Comprehensive Midterm Notes - Tennis, Swot Analysis, Suzuki Cultus Crescent

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Private club: (cid:862)a pla(cid:272)e (cid:449)here people (cid:449)ith a (cid:272)o(cid:373)(cid:373)o(cid:374) (cid:271)o(cid:374)d of so(cid:373)e type (cid:272)a(cid:374) (cid:272)o(cid:374)gregate for so(cid:272)ial a(cid:374)d re(cid:272)reatio(cid:374)al purposes. (cid:863: the bond may be, similar interests, experiences, backgrounds, professions, geographic location. Initiation fees: minimum monthly fees (i. e. f&b minimums, recreation fees, annual and one-time assessment fees. Why private clubs exist: exclusive atmosphere, prestige and self-gratification, share commonalties among its members, social interaction and networking opportunities, recreational opportunities, convenience (i. e. no long waits to be seated, better service and better amenities. Initiation fees and annual dues: typical initiation ranges. Clubs at a glance: club employees and members, clubs employ 389,000 employees, club payrolls equal . 6 billion, clubs serve between 1. 8 and 2. 1 million members. Club outreach programs: clubs hosted an estimated 17,000 charitable golf tournaments in 2013, raising an estimated. Junior: senior, other categories, founder, absentee, surviving spouse, honorary, clergy. Unique characteristics of clubs: selection process, reciprocity, code of conduct and house rules, charter and bylaws.

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