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Essay of 5 pages for the course CBV - Chartered Business Valuator at CBV - Chartered Business Valuator (Sports)

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Institution
CBV - Chartered Business Valuator
Course
CBV - Chartered Business Valuator

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Uploaded on
August 13, 2025
Number of pages
5
Written in
2025/2026
Type
Essay
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Unknown
Grade
A+

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Professional Sports and Entertainment

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Professional Sports and Entertainment

My Human Resource Management (HRM) study is on professional sports and

entertainment. The study is on the National Basketball Association (NBA), a professional

basketball league in the United States. The NBA is one of the world's most popular and

competitive professional sports leagues. Professional sports and entertainment are two of

America's most popular sectors (Ulas, 2021). These are also two of the most competitive sectors

on the planet. Organizations have a well-managed and effective human resource department to

be successful in various industries. To be successful, National Basketball Association (NBA) in

the United States must have well-managed human resources departments. The HR department is

responsible for various tasks, including recruiting and hiring new employees, managing

employee benefits and compensation, and developing and implementing employee training and

development programs.

The NBA has been effective in acquiring and keeping top talent. In addition, NBA has

had success in establishing and executing staff training and development initiatives. These

initiatives have assisted employees in advancing in their professions. The NBA has also had

success dealing with substantial staff turnover and a significant number of temporary employees.

Despite obstacles, the NBA has achieved success in human resource management.

Professional sports and entertainment enterprises encounter several specific issues. For

example, NBA must frequently cope with significant levels of staff turnover as well as a

considerable number of temporary personnel. Furthermore, National Basketball Association

frequently deal with stressed-out personnel who work long hours and are subject to intense

public scrutiny. Several major sports and entertainment enterprises have successfully

implemented suitable human resource management methods. These firms have been effective in
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