SPMT 217 – Flashcard Test Questions
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what are the building blocks to management structures? also known as the 3 cornerstone sport structures
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clubs, leagues, professional tournaments
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what is the primary theme?
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structures that grow in response to broad social changes
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what are secondary themes?
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honest play, "who gets to play"
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"who gets to play?"
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defined by who has the "power" in society
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ideology of white racial superiority?
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USA, South Africa
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What is The Club System?
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the birthplace of modern sport and sport management was in England
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What is Thoroughbred Racing?
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Theses races drew a broad and diverse audience, no admission was charged, gambling provided entertainment
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What is The Jockey Club?
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It was established in 1750, settled disputes, established rules, and determined eligibility, served as model for wider sport management practices in England
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The Modern Olympic Games
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introduced the concept of amateur Olymipc games every 4 years, founder was PIERRE DE COUBERTIN and was inspired by English revivals
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Present-Day Club Structure
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Real Madrid, FC Characterized by nonprofit status and exclusive membership worlds biggest sport organization in terms of value all are non-profit
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first to adopt the league system?
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baseball
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first pro team?
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cincinnati red stockings
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Who is William Hulbert and what did he do?
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Provided leadership and stability to new league; became "Czar of baseball" Believed stability achieved only if teams were run like business Believed without strict rules forcing honest competition, collusion would occur Owners must take some financial risk
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What was in for Early Success of National League?
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Excitement of pennant race honoring of contracts favorable media attention
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What was in it for Corcoran's Tournaments?
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Fred Corcoran: Architect of golf tournament good business= tax deductions
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What did the Commission of Sport Management Accreditation do?
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COSMA created to promote and recognize excellence in sport management education established to maintain excellence in this fast-emerging discipline known as SPMT
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what is the goal of sport managers?
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to get the workers to do what the manager wants in an efficient and cost-effective matter
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what city and year did the olympics start?
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Paris 1988 with 9 sports
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"Taylorism"
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workers should not be doing the same job different ways, but instead in the "one best way"
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what are the modern changes of Organizational behavior?
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downsizing, globalization, information technology, and diversity
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what are the functional areas of management?
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planning, organizing, leading, and evaluating
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what are the 4 types of political tactics used?
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coalitions outside experts links/networks controlling information
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what is the model for decision making?
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need to define problem generate alternatives evaluate alternatives select best alternative
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what is the most valuable organizational resource?
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people
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what is sport marketing?
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creating "demand" for products and services Products services entities staff
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what are the categories of sport marketing?
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sport broadcasting sponsorship promotional strategies research
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what is ambush marketing?
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capitalizing the goodwill associated with an event without being an official sponsor ex. subway with olympics
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who was the 1st to capitalize the use of the word official?
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Albert G. Spalding
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what are the 4 p's of the marketing mix?
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product price place promotion
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how many dollars is the sport industry?
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multibillion dollars
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what is the difference between "sales" and "value-added"?
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sales- everything added together value-added- cost of raw materials and manufacturing are considered
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what is finance? (2 definitions)
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how an organization generates the funds that flow into that organization how these funds are allocated and spent once they are in the organization
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revenues vs. expenses
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revenues- funds raised by an organization through a variety of sources including tickets, merchandise, services, sponsorship, etc.. expenses- funds spent to operate an organization such as salary, equipment, utilities, ect...
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profit?
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more revenue than expenses
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income statement?
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summarizes an organizations revenues, expenses, and profits over a given period of time
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what is the accounting equation?
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A= L+OE assets= liability + owner's equity assests- anything the company has
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balance sheet?
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a financial statement that summarizes an organization's assets, liabilities, and owner's equity at any given point in time
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sport law?
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application of existing laws to the sport setting
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risk management
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developing management strategy to maintain greater control over legal uncertainty
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judicial review
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determines whether it should review the sport organizations decision
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tort liability
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an injury or wrong suffered as the result of another's improper conduct
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gross negligence
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occurs when defendant acts recklessly, and fails to realize harm caused
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negligence
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unintentional tort and is the most common tort that sport managers encounter
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vicarious liability
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allows plaintiff to sue for the negligent acts of a subordinate
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agent law
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agent- person who does the negotiating principal- under the direction of another agency- duties inherent principle
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contract law
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written or oral agreement between 2 to more parties
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constitutional law (4)
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due process- 5th and 14th amendment equal protection- 14th amendment unreasonable search and seizures - 4th amendment invasion of privacy
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title XI
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eliminating sex discrimination
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antitrust
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labor exemption
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trademark service mark lanham act
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tm- word, name, or symbol used by a manufacture sm-used to identify the source of an intangible service la- governs trademarks and service marks
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ethics
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the systematic study of the values guiding our decision making
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ethical reasoning
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the process of making a correct and fair decision
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ethical dilemma
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practical conflict involving equally compelling values or social obligations
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ethical decision making
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requires consideration of how actions will affect other groups and individuals
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mortality
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concerned with values that guide behavior
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morals
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fundamental baseline values that dictate appropriate behavior within a society
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discipline must meet two criteria
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meaningful and enforceable
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decision should be reviewed only _____ they have been made
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after
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communication is critical to _______ corruption and resolving ethical dilemmas
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decreasing
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what helps employees make the "right" decisions?
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incorporating codes of ethics, self-examinations, forums for moral disclosure, and statements of consequences for ethical violations
