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SPORTS BUSINESS FINAL QUESTIONS AND ANSWERS 100% VERIFIEDSPORTS BUSINESS FINAL QUESTIONS AND ANSWERS 100% VERIFIED Most sport businesses are financed in the same ways as other businesses. True or False - ANSWER-False Research suggests that sport management competencies are highly specialized and therefore are not universal. True or False - ANSWER-False In his letter to Dr. James Mason in 1957, Walter O'Malley cited a need for a course that would do which of the following? a) enable...

SPORTS BUSINESS PRACTICES FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+)SPORTS BUSINESS PRACTICES FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+)SPORTS BUSINESS PRACTICES FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+)SPORTS BUSINESS PRACTICES FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+)Ownership Form 1 - ANSWER-• Involves a single, independently wealthy owner, such as "new school" owners Dan Snyder, Mark Cuban, Paul Allen, and Jeffrey Lurie, who can take either a passive or active role in the c...

SPORTS BUSINESS EXAM'S KEY TERMS SPORTS BUSINESS EXAM'S KEY TERMS SPORTS BUSINESS EXAM'S KEY TERMS SPORTS BUSINESS EXAM'S KEY TERMS Innovation is the idea in the ______________? - ANSWER-Initiative Entrepreneurship is the Process in the _____________? - ANSWER-Execution Relationships + Skill + Character X Hustle = - ANSWER-Career Savings Acount (John Acuff) One of the top three things they look for in interviews? - ANSWER-Body Language

FINAL EXAM BUSINESS OF SPORTS WITH CORRECT ANSWERS FINAL EXAM BUSINESS OF SPORTS WITH CORRECT ANSWERS FINAL EXAM BUSINESS OF SPORTS WITH CORRECT ANSWERS FINAL EXAM BUSINESS OF SPORTS WITH CORRECT ANSWERS Sports first spread across international borders... - ANSWER-As nations such as Great Britain colonized various areas of the world, sports were used to impose the conquerors' culture on colonized land. Sports have fueled feelings of nationalism - ANSWER-Platform for political and social ...

INTRO TO SPORTS BUSINESS EXAM 1 QUESTIONS AND ANSWERS 100% CORRECTINTRO TO SPORTS BUSINESS EXAM 1 QUESTIONS AND ANSWERS 100% CORRECTINTRO TO SPORTS BUSINESS EXAM 1 QUESTIONS AND ANSWERS 100% CORRECT What is Sport? (the five components) - ANSWER-1. playlike in nature 2. competitive 3. based on physical prowess 4. involve elements of skill, strategy, and chance 5. have an outcome that is not predetermined Three ways to conceptualize sport - ANSWER-1. types of sports 2. settings in which s...

EXAM 1 SPORTS BUSINESS PRACTICES QUESTIONS AND ANSWERS 100% CORRECTEXAM 1 SPORTS BUSINESS PRACTICES QUESTIONS AND ANSWERS 100% CORRECTEXAM 1 SPORTS BUSINESS PRACTICES QUESTIONS AND ANSWERS 100% CORRECT Similarities Between Sport and Traditional Business - ANSWER--Customer satisfaction -Customer/Fan Experience -Competition exists between businesses/teams -Revenue creation and growth is the ultimate goal -Collective bargaining & labor unions Differences Between Sport and Traditional Busi...

SPORT BUSINESS FINAL QUESTIONS AND ANSWERS (GRADED A+)SPORT BUSINESS FINAL QUESTIONS AND ANSWERS (GRADED A+)SPORT BUSINESS FINAL QUESTIONS AND ANSWERS (GRADED A+) harness racing - ANSWER-1820s, horse and buggy preferred mode of transportation Anyone could participate Track owners rented out tracks to racers Purse money "The common person" sport Trying to attract top competitors through gate profit Fixed races...important lesson!!! William Hulbert - ANSWER-He developed the Nationa...

EXAM 1 SPORTS BUSINESS QUESTIONS AND ANSWERS 100% CORRECTEXAM 1 SPORTS BUSINESS QUESTIONS AND ANSWERS 100% CORRECT the oakland A's used "moneyball" to find players ..... - ANSWER-overlooked, undervalued in order to become a licensee of NFL product - ANSWER-ALL OF THE ABOVE have a minimum of three years of experience in manufacturing and distribution 2. Be a manufacturer, NOT solely a middleman or distributor 3. Have the ability to pay 100% of minimum royalty guarantee upon e...

SPORTS BUSINESS FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+)SPORTS BUSINESS FINAL EXAM QUESTIONS AND ANSWERS (GRADED A+) Be able to explain important considerations that influence sponsorship portfolio planning - ANSWER--Don't assume they work, proactively manage sponsorships -Learn what the sponsorship can do for your firm and the bottom line -Think of it as a partnership -Take a long-term strategic perspective -Leverage with innovative media -Be visionary and creative in measuremen...

SPORTS BUSINESS EXAM QUESTIONS AND ANSWERS 100% CORRECTSPORTS BUSINESS EXAM QUESTIONS AND ANSWERS 100% CORRECTSPORTS BUSINESS EXAM QUESTIONS AND ANSWERS 100% CORRECTSports Industry Size: - ANSWER-U.S.: $485 Billion Global: $1.5 Trillion Annual Company Spending on Sports Advertising (U.S.): $33.1 Billion -Sports industry is twice the size of the auto industry -Sports industry is seven times the size of the movie industry