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Midterm #1 SPMA 2P27 Sport Finance.
Exam Questions And Answers 100% Pass
Competition and Superior Performance - ANS the two key components of strategy
Triple Bottom Line - ANS Theory that involves Economic Environmental and Social
components
The five forces - ANS Industry Structure: Threat of new entrants, bargaining power of
suppliers, bargaining power of buyers, threat of sub products or services and rivalry among
existing competitors.
Finance - ANS The science of the management of money and other assets.
Financial Management - ANS Conducting all financial matter of an organization in a way that
ensures that funds are used in a proper and efficient manner.
Financial Reporting - ANS Provides useful financial info for decision-making for investors,
buyers, stakeholders, auditors, management staff and banks.
Balance Sheet - ANS A snapshot at one point in time.
Current Assets, Long-term investments, property-equipment, Intangible Assets. - ANS Assets
of a balance sheet in order of liquidity.
Midterm #1 SPMA 2P27 Sport Finance.
Exam Questions And Answers 100% Pass
Competition and Superior Performance - ANS the two key components of strategy
Triple Bottom Line - ANS Theory that involves Economic Environmental and Social
components
The five forces - ANS Industry Structure: Threat of new entrants, bargaining power of
suppliers, bargaining power of buyers, threat of sub products or services and rivalry among
existing competitors.
Finance - ANS The science of the management of money and other assets.
Financial Management - ANS Conducting all financial matter of an organization in a way that
ensures that funds are used in a proper and efficient manner.
Financial Reporting - ANS Provides useful financial info for decision-making for investors,
buyers, stakeholders, auditors, management staff and banks.
Balance Sheet - ANS A snapshot at one point in time.
Current Assets, Long-term investments, property-equipment, Intangible Assets. - ANS Assets
of a balance sheet in order of liquidity.
