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Chief Executive Officer
Countries And Territories
Major League Baseball
National Basketball Association
North America
Terms And Conditions
Nba Agent Exam – Flashcards 77 terms
77 terms
Preview
Nba Agent Exam – Flashcards
question
What is the only sports league to ban corporate ownership?
answer
NFL
question
In professional sports, the Commissioner has discretionary power in all the following except?
answer
Rule making
question
Strikes are much more disruptive in pro sports than in mainstream business because:
answer
Players have unique talents and cannot be replaced with temporary replacement workers
question
As a general rule, league revenues include which of the following?
answer
Revenue from national television, and radio contracts, league-wide licensing, and league-wide sponsorship programs
question
The response to an impasse in labor negotiations is usually:
answer
A lockout or strike
question
A collective bargaining agreement covers:
answer
wages, hours, terms and conditions of employment
question
What percentage of NBA television revenues and merchandise sales come from foreign markets?
answer
40%
question
In 2005 how many international players declared themselves eligible for the NBA draft?
answer
...
question
What league has made the most strives in the global market?
answer
National Basketball League
question
Many individuals in the management of professional sports leagues are not fans of salary caps because they:
answer
A. routinely force teams to cut veteran players earning higher salaries to get under the ceiling of the cap. B. routinely provide teams with spending floors so low-revenue teams are prevented from cutting salaries in order to stay competitive. C. often have so many exceptions that they have inevitably created a number of loopholes for those agents and general managers who are creative negotiators and thus, the cap is not creating the parity it was intended to create.
question
According to Much and Gotto (1997), what are the two most important factors in determining a franchise's value?
answer
The degree of league revenue sharing and the stability of a league's labor situation
question
Although the NFL bans public ownership, it has made an exception for what team?
answer
The Green Bay Packers
question
What league first adopted the Commissioner to govern the best interests of the sport?
answer
NBA
question
League think is the concept
answer
introduced by Pete Rozelle that owners needed to do what was best for the league as opposed to their individual franchise.
question
The NFL Trust is responsible for which of the following activities?
answer
...
question
What is the current going rate for a franchise in the NFL?
answer
...
question
Which of the following is not a revenue that is shared under league revenue sharing systems?
answer
...
question
Cross-ownership is
answer
Ownership of more than one sport franchise
question
Professional golfers must earn a right to compete on the PGA Tour annually. How do professional golfers qualify for the PGA Tour?
answer
...
question
According to the textbook, which of the following is a true statement regarding diversity in professional sports?
answer
In 2003, the NBA and MLB welcomed their first minority owners.
question
After the 1996 Olympics, a few women's professional sports leagues emerged. What women's sport was not among those to become a professional sport league?
answer
...
question
While the NFL bans corporate ownership it has made one exception. For what team was its exception?
answer
San Francisco 49ers
question
Who was the first Commissioner hired in all of professional sports?
answer
Judge Kennesaw Mountain Landis of Major League Baseball
question
The NBA has the broadest representation of foreign players on its rosters. In the 2005-2006 season, for example, your textbook notes that opening night rosters included ___ players from ____ different countries and territories.
answer
p243
question
As of 2007, how many professional Women's football teams existed in North America?
answer
...
question
For what NFL owners was the cross-ownership ban in the NFL eased?
answer
...
question
What league operated for a number of years without a permanent commissioner?
answer
...
question
The privileges granted to owners that come with team ownership are called __________.
answer
franchise rights
question
________________ has emerged as a method for leagues to establish themselves in a manner that avoids antitrust liability and creates centralized fiscal control.
answer
The labor exemption
question
John Montgomery Ward founded the first baseball players union in 1890 to fight what practice(s) by baseball team owners?
answer
A. Salary caps B. Baseball's reserve system C. Baseball's practice of selling players without the players receiving a share of profits
question
Professional leagues have organized themselves in a manner consistent with a corporate model.
answer
True?
question
The term used to describe a team's ability to relocate
answer
Franchise Free Agency
question
Leagues derive the bulk of their revenues from gate receipts. T/F
answer
False
question
In 1876 North America's first professional league, the National League was organized. T/F
answer
True
question
Professional sports was born in the United States in 1869 with the first professional baseball team. T/F
answer
True
question
The National Hockey League has retained the greatest number of family or individual owners due to its high degree of revenue sharing.T/F
answer
False?
question
The PGA Tour currently implements a drug testing program in accordance with WADA policies.
answer
False?
question
In 2005, the largest number of foreign basketball players (39) hailing from the following countries (23) declared themselves eligible for the NBA draft.T/F
answer
...
question
The WNBA league and teams are primarily female operated organizations.
answer
...
question
The Women's National Basketball Players Association were established under the guidance of the National Basketball Players Association and National Football League Players Association, respectively. T/F
answer
...
question
The single entity structure is a term used to describe a manner in which a team may organize itself in order to maintain fiscal control. T/F
answer
...
question
The practice of charging spectators at golf events began at fundraisers by top male and female golfers to benefit the Red Cross during World War I. T/F
answer
...
question
The PGA operates as two divisions: one that governs the club professionals who serve amateur players and another that governs the tour professionals. T/F
answer
...
question
Currently professional athletes are unionized in only the four major leagues.
answer
...
question
When it was formed in 1952, the Major League Baseball Players Association was professional baseball players' fifth attempt to unionize.
answer
...
question
Commissioners have lost some of their power over time. List the six areas that the commissioner continues to retain discretionary power.
answer
...
question
List the North American professional sport leagues that have unionized players?
answer
...
question
What franchise rights are granted with ownership of a professional team?
answer
...
question
What criteria does a league, such as Major League Baseball examine as eligibility criteria for team ownership?
answer
...
question
What actions did Marvin Miller, the successful Executive Director of the Major League Baseball Players Association take to organize the players and develop the first strong union in professional sports?
answer
...
question
Approximately how many athletes are in the four (4) major sports leagues?
answer
4300
question
In the four major sports leagues how many agents are registered or certified with the respective players associations
answer
1600-1800
question
Who is often called the first sports agent:
answer
B.C.C. Pyle
question
The two players who staged a joint holdout for a higher salary were?
answer
Sandy Koufax and Don Drysdale
question
One of the first agents to represent individual athletes and a pioneer of the sport marketing industry is:
answer
Mark McCormack
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The first players association to negotiate the right for players to be represented by agents was the:
answer
Major League Baseball Players Association
question
A collective bargaining agreement is:
answer
A contract for all players in the league
question
The reserve system in Major League Baseball was:
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A rule that limited a free and open market for players
question
Which one of the following companies is not currently one of the three (3) largest sport management companies?
answer
ProServ
question
The three models for a sport agency business does not include
answer
A players association and a sport management firm
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Which one does not describe the ways that Players associations support players?
answer
...
question
Which of the following does not describe the functions performed by a sport agent?
answer
...
question
Which of the below factors that influences an athletes market value is the least significant?
answer
...
question
The Professional Golf Association (PGA) restricts individual golfers from entering into endorsement unless they are:
answer
In good taste
question
Five key problems in the sport agency profession do not include
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The agents lack of understand of the rules of the game
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The most devastating problem that an athlete may have with his agent is probably:
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Income mismanagement
question
Tank Black is:
answer
A football agent who was sentenced to five (5) years in prison for swindling NFL players he represented
question
A conflict of interest occurs most probably if:
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an agent's own interests are furthered over that of the athlete's interests
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What is the most likely unethical behavior to occur by agents in college athletics?
answer
Overly aggressive client recruitment
question
How many agents has the NFLPA disciplined in recent years?
answer
130
question
How many states regulate agents?
answer
44
question
What is SPARTA?
answer
A federal law signed by President George W. Bush regulating the conduct of sport agents
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What is UAAA?
answer
Uniform agent regulation law
question
The MLBPA limits agent's fees to what percentage of the player's income?
answer
...
question
One of the significant factors in the growth of sports agencies was:
answer
...
question
Who was the "endorsement king of the pre- Michael Jordan era?"
answer
...
question
All of the following are objectives of person-centered branding EXCEPT
answer
...
Collective Bargaining Agreement
Countries And Territories
Level Playing Field
National Collegiate Athletic Association
New York University
SPMT Exam 2 – Flashcards 51 terms
51 terms
Preview
SPMT Exam 2 – Flashcards
question
Which of the following is a true statement regarding women's participation in collegiate sports?
answer
The very first intercollegiate sport competition for women was in the sport of basketball in 1892, but the rules were changed from the men's game to...
question
As college athletics has become more complex and business-like, colleges and universities are looking more and more tot he corporate world for CEOs or administrators...
answer
True
question
When pursuing a career in collegiate athletics, students should know that the apprentice system is used meaning the traditional route is one of being the athlete first, then a coach,...
answer
False
question
The Knight Commission was formed in 1989 to propose a reform agenda for intercollegiate athletics. All of the following were legislative rules passed by the NCAA from recommendation..
answer
Conference realignment
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The NCAA is the primary rule-making body for all college athletic departments, including junior colleges, small colleges, and universities.
answer
False
question
International federations
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Are the international governing body... Are nongovernmental organizations recognized... Must petition for formal recognition ALL OF THESE ARE CORRECT
question
Grassroots efforts are programed and activities that
answer
Are undertaken to increase sport participation and interest in a sport in particular international region.
question
What is not one of the sponsorship levels for the Olympic Games in accordance with the Olympic Charter?
answer
IF Sponsorship Programs
question
The USOC is the organization mandated by Congress under the Amateur Sports Act of 1978 to do which of the following?
answer
Govern activities.. Represent the U.S. Olympic... Send the U.S. Olympic... ALL OF THESE ARE CORRECT
question
The NCAA is the primary rule-making body for all college athletic departments, including junior colleges, and universities.
answer
False
question
What skills might be needed for an athletic director or an associate athletic director at the collegiate level? Choose all that apply.
answer
Ability to teach.. Ability to manage.. Public relations.. Ability to coach a team.. Knowledge of financial.. ALL OF THE ABOVE
question
Which of the following is not one of the three main components in the basic purpose of the NCAA:
answer
athletics as a level playing field.
question
When an institution is involved in an investigation on possible rule violations, the Committee on infractions(a committee of peers drawn from NCAA membership and the public
answer
True
question
For a sport to be included on the Winter Olympics Program it must be practiced by
answer
in at least 25 countries on three continents
question
As a general rule, league revenues include which of the following?
answer
Local broadcasting revenues Stadium Sponsorships Preferred seat sales NONE OF THESE ARE CORRECT
question
Professional leagues have organized themselves in a manner consistent with a corporate governance model
answer
False
question
In professional sports, the commissioner has discretionary powering all of the following areas except
answer
Resolution of disputes over player compensation
question
The PGA operates as two divisions: one that governs the club professionals who serve amateur players and another, known today as the PGA Tour, that governs and the Web.com Tour
answer
TRUE
question
John Montgomery Ward founded the first baseball players union to fight what practice(s) by baseball team owners?
answer
Salary caps Baseball's reserve system Baseballs practice of selling ALL OF THESE ARE CORRECT
question
Which of the following is not a revenue that is shared under league revenue-sharing systems?
answer
Luxury seating revenue
question
____ are probably the most visible statements of ethical philosophy and beliefs for a company, business, or organization
answer
Codes of Conduct
question
Youth athletic participation in the United States was first recognized during what time period?
answer
Before the signing of the constitution
question
State athletic associations are
answer
the organizing body for state championships and competitions
question
During and immediately following World War I, school sports for males were promoted as a tool to
answer
as a source of physical training for the armed forces
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In sport, an example of a(n) _____ is that all athletes give an honest effort whenever they compete
answer
moral principal
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One of the biggest distinctions between moral decision making and other ethical decisions is
answer
the extensive ramification of immoral choices
question
Codes of conduct may be considered counterproductive if
answer
They are too long or complex.. They try to intimidate.. The organization does not.. ALLL OF THESE ARE CORRECT
question
Laws and morality are essentially the same
answer
False
question
The first intercollegiate athletic contest was held in what time period?
answer
During the mid-1800s
question
Which of the following statements is true of the Division I conference? Chose all that apply.
answer
Division I schools are required to sponsor at least 14 sports programs, FBS institutions must sponsor 16 teams.
question
Women's basketball coaches have not yet reached the $1 million mark for salaries
answer
False
question
The first intercollegiate athletic contest was
answer
Organized and sponsored by a railroad company in order to enhance the company's business.
question
Leagues derive the bulk of their revenues from their gate receipts
answer
False
question
Many individuals in the management of professional sports leagues are not fans of salary caps because they
answer
ALL OF THESE ARE CORRECT
question
What league first created the position of commissioner to govern the best interests of the sport?
answer
Major League Baseball
question
The single-entity structure is a term used to describe a manner in which a team may organize itself in order to maintain fiscal control.
answer
False
question
Although the NFL bans public ownership, it has made an exception for what team?
answer
The Green Bay Packers
question
The first modern Olympic Games was held in 1896 in
answer
Athens, Greece
question
Which United States sporting goods manufacturer signed with great teams such as the Brazilian national football team, Manchester United, Juventus, and F.C. Barcelona in an attempt ...
answer
Nike
question
The International Paralympic Committee is a committee of the International Olympic Committee
answer
False
question
As financial circumstances for schools and leagues become more strained, these job areas are being asked to perform more
answer
Coaches and administrators
question
Educators are both the public schools and private schools immediately embraced the value of exercise and play.
answer
False
question
Similar to the collegiate system, high school students initially organized the high school games
answer
True
question
The "power" schools during the initial collegiate athletic contests were the
answer
Ivy League Schools
question
A misconception resulting from the influence of contemporary superpowers on spectator sports, and perpetrated by popular media, is that the term global
answer
True
question
The Olympic motto "Cituis, Altius, Fortius," translates to
answer
swifter, higher, stronger
question
_____ has emerged as a method for leagues to establish themselves in a manner that avoids antitrust liability and creates centralized fiscal control
answer
The single-entity structure
question
The U.S. Paralympics has a division of the U.S. Olympic Committee
answer
True
question
Nike has expanded its operations from running shoes to international markets. To capture these markets, Nike has had to move into what sport(s)?
answer
all of these are correct
question
National Governing Bodies are
answer
the organizations governing a specific sport within each individual country.
question
A collective bargaining agreement covers
answer
all of these are correct
AP Human Geography
Countries And Territories
Political Geography
Tigris And Euphrates Rivers
AP human geography chapter 8 multiple choice – Flashcards 39 terms
39 terms
Preview
AP human geography chapter 8 multiple choice – Flashcards
question
1) As a result of a 1979 Soviet invasion, what country generated one of the worlds largest refugee migrations? A) Serbia B) Sudan C) Ukraine D) Afghanistan E) Iraq
answer
D) Afghanistan
question
2) An area organized into an independent political unit is a(n)... A) State B) Country C) Nation D) Ethnic region E) both B and C
answer
A) State
question
3) A group of people who occupy a particular area and have a strong sense of unity based on a set of shared beliefs... A) State B) National Identity C) Nation D) City-State E) unitary state
answer
C) Nation
question
4) A state with control over its internal affairs has... A) Self determinism B) Sovereignty C) Colonialism D) A strong sense of unity E) all of the above
answer
B) Sovereignty
question
5) Over the past half century, the number of sovereign states in the world... A) has increased by over 100 B) has decreased substantially C) has stayed relatively similar D) has gradually decreased E) has been the reason for global warming
answer
A) has increased by over 100
question
6) The worlds largest state is... A) Canada B) China C) USA D) UK E) Russia
answer
E) Russia
question
7) Korea is a good example of... A) an ethnic group B) a city-state C) a nation divided between more than one state D) a bunch of communists E) a democracy
answer
C) a nation divided between more than one state
question
8) Two cities in Morocco, Ceuta and Melilla are controlled by what country? A) Spain B) Morocco C) the UK D) Germany E) Chile
answer
A) Spain
question
9) Which is not true about both China and Taiwan? A) both have official relationships with the U.S. B) both consider that the two form one sovereign state C) both now hold seats in the UN D) both were once ruled by nationalists E) both B and C
answer
E) both B and C
question
10) The Fertile Crescent... A) followed the Tigris and Euphrates rivers B) extended from the Persian Gulf to the Mediterranean Sea C) was the location of the city-states in the Middle East D) sometimes considered to extend into the Nile River Valley E) all of the above
answer
E) all of the above
question
The only large landmass that is not part of a sovereign state is... A) Borneo B) the arctic C) Siberia D) Antarctica E) Greenland
answer
D) Antarctica
question
A territory tied to a state rather than being completely independent is a... A) territory B) colony C) city-state D) frontier E) nation
answer
B) colony
question
The first states in ancient Mesopotamia were... A) city-states B) communities C) sovereign ethnic groups D) both A and C E) nations
answer
A) city-states
question
Political unity in the ancient Mediterranean world, reached its highest in... A) the Dark Ages B) the industrial revolution C) the Roman Empire D) the ice age E) fall of 1893
answer
C) the Roman Empire
question
The first widespread use of the nation state concept came in... A) South America B) Western Europe C) northern Asia D) all of the above E) Antartica
answer
B) Western Europe
question
The attempt by one country to impose political control over another territory is... A) imperialism B) ethnic cleansing C) colonialism D) the reason for most wars E) decided by the government
answer
C) colonialism
question
The motives of European states in establishing colonies can be summarized as all but which of the following? A) guilt B) gold C) glory D) God E) B, C, and D
answer
A) guilt
question
By 1900, the British could claim all but which of the following about their empire? A) their largest colony had become independent by then B) the sun never set on the British Empire C) the British had colonies to the east and the west D) the british empire had more colonies than any other nation in the world E) both C and D
answer
A) their largest colony had become independent
question
The world's smallest colony is... A) Pitcairn B) Djibouti C) Kazahkstan D) Puerto Rico E) Lesotho
answer
A) Pitcairn
question
A state is a good example of... A) an ethnic region B) an organized region C) unity D) a group of ethnic groups E) none of the above
answer
B) an organized region
question
A frontier in contrast to a boundary... A) separates 2 states B) is a territory tied to a state C) is made by rivers D) is made by geographical landforms E) none of the above
answer
A) separates 2 states
question
Which shape most easily fosters the establishment of effective internal communications for a smaller state? A) elongated B) microstate C) prorupted D) fragmented E) compact
answer
E) compact
question
The Germans established the proruption known as the caprivi strip in present day Namibia for which of the following reasons? A) access to resources in central Africa B) disruption of British communications C) trading opportunities with native tribes D) access to the Zambezi river E) A, B, D
answer
E) A, B, D
question
The boundary between the U.S. and Canada can be described as which of the following? A) geometry B) frontier C) desert D) mountains E) none of the above
answer
A) geography
question
Boundaries were redrawn in Europe after WWI according to the... A) religions B) distribution of language C) geography D) articles of confederation E) none of the above
answer
B) distribution of language
question
The Aozou strip is a good example of... A) free range cattle land B) separation of powers C) a geometric boundary D) division of religions E) a compact state
answer
C) a geometric boundary
question
The problems experienced by cypress during the past 4 decades include all but which of the following? A) a partition of the island by the British as part of independence B) A division of the land by the Greeks and the Turks C) the establishment of a Turkish republic D) development of a buffer zone between ethnicities E) Turkey's recognition of the sovereignty of a portion of the population
answer
A) a partition of the island by the British as part of independence
question
With the breakup of the Soviet Union, most Russians... A) moved to Germany B) rebelled against the Russian gov't C) are clustered in Russia's western regions D) all of the above E) none of the above
answer
C) are clustered in Russian gov't
question
Conflict is widespread in Africa in part because... A) tribes do not get along B) European colonial powers drew inappropriate boundaries C) many Africans are being taken into slavery D) religions do not get along well E) all of the above
answer
B) European colonial powers drew inappropriate boundaries
question
The Kurds are a... A) a religious group B) nationality that are specific to one state C) tribe in Africa D) all of the above E) nationality divided among more than one state
answer
E) nationality divided among more than one state
question
In 2002, the Organization of African Unity was replaced by... A) the African Union B) Africa United C) Africa R us D) Force of Africa E) none of the above
answer
A) the African Union
question
An increasing number of states have adopted a federal gov't primarily to... A) be in good relations with the people B) take control of the nation C) become more advanced D) all of the above E) satisfy the demands of competing nationalities
answer
E) satisfy the demands of competing nationalities
question
What was the distinctive feature of the worlds superpowers between the 1940s and 1980s compared to other eras? A) the number of superpowers were relatively the same B) the number of superpowers was much higher than in the past C) the number of superpowers was much lower than in the past D) the economy dropped as a result of A E) both D and A
answer
C) the number of superpowers was much lower than in the past
question
A state which places most power in the hands of a central gov't is a... A) federal state B) unitary state C) compact state D) microstate E) none of the above
answer
B) unitary state
question
Which of the following is not a member of the United Nations? A) china B) Russia C) USA D) UK E) Taiwan
answer
E
question
With the end of the Cold War... A) The Warsaw Pact became obsolete B) NATO became obsolete C) Radical Muslim terrorist organizations threaten the democratic world D) Russia absorbed all of the land known as the USSR E) A and C
answer
E
question
Terrorism differs from assassination and other acts of political violence... A) because terrorists are crazy B) because terrorists fight for religious extremism and other people don't C) because there's no such thing D) because attacks are aimed at ordinary people E) All of the above
answer
D
question
Which of the following isn't true of Al-Qaeda? A) Al-Qaeda is a single unified organization B) Al-Qaeda was funded by Osama Bin Laden C) Al-Qaeda began in Afghanistan as a defense against the Soviet takeover D) Al-Qaeda declared a fatwa against the United States E) Al-Qaeda donates millions to charity every year
answer
E
question
States cooperate with each other for what kind of reasons? A) political B) military C) economic D) all of the above E) religion
answer
D
Business Management
Civil Rights Act Of 1964
Countries And Territories
book questions for SPMT 217 exam 1 – Flashcards 60 terms
60 terms
Preview
book questions for SPMT 217 exam 1 – Flashcards
question
Who founded the National League?
answer
William Hulbert
question
Who is recognized as the architect of the professional golf tournament?
answer
fred corcoran
question
What university had the first sport management academic program?
answer
ohio university
question
The name of the part of a contract that binded a professional baseball player to his ballclub was called
answer
reverse clause
question
The first professional baseball team was the Cincinnati Reds. T or F?
answer
true
question
Tournaments today are often created by player associations rather than marketing agencies or broadcast media. T or F?
answer
false
question
The modern Olympic Games in 1896 were held in which city?
answer
Athens
question
Which of the following was instrumental in initiating the modern Olympic Games?
answer
Pierre de Coubertin
question
What two themes run through this chapter's examination of sport organizations?
answer
honesty and inclusion
question
There are more than 100 sport management programs in the United States. T or F?
answer
true
question
Two of the earlier phases used in the development of management theory are:
answer
scientific management and human relations movement
question
The underrepresentation of women, minorities, and people with disabilities in the sport industry is an important issue for sport managers who value _____ in the workplace.
answer
diversity
question
The most important asset in an organization is its
answer
people
question
Sport managers must master their _____ skills in order to be successful
answer
communication
question
_____ involves measuring and ensuring progress toward organizational objectives.
answer
evaluating
question
Which of the following is NOT a step in the classic model of decision making?
answer
managing technology
question
Sport management should have an international scope. T or F?
answer
true
question
Participant decision making involves the manager making all of the decisions. T or F?
answer
false
question
_____ is a continuous process that involves establishing organizational mission statements, goals, objectives, tactics, roles, and evaluation
answer
planning
question
The sport industry in the United States is in decline.
answer
false
question
What is a marketer's main job?
answer
create demand
question
The term for a group of consumers to whom a product is marketed to is:
answer
target market
question
______ was the first company to capitalize on the term official in marketing its
answer
spalding
question
Mark McCormack's sports marketing agency, IMG, began through a relationship with what athlete:
answer
arnold palmer
question
Nike's exploits during the 1996 Atlanta Olympics are an example of what type of marketing?
answer
ambush marketing
question
_______ involves identifying subgroups of the overall marketplace based on factors such as age or income level.
answer
segmentation
question
Behavoirs and preferences like an individual's beliefs, opinions, lifestyles, and habits are considered by marketers to be:
answer
psychographic characteristics
question
Relationship marketing occurs when sports organizations view their customers as statistics in a database. T of F?
answer
false
question
Fan identification is defined as the sense of oneness with or belongingness to an organization. T or F?
answer
true
question
All of the following are examples of a demographic trait or characteristic except: income age activities gender
answer
activities
question
The concept of _______ is probably the best single measure of an industry's impact.
answer
value-added
question
Which of the following most accurately defines the managerial discipline of finance?how an organization generates the funds that flow into the organization how an organization allocates its funds once they are in the organization any decision relating to money all of the above answers A & B above
answer
answers A & B above
question
In a basic sense, financial success relies on higher:
answer
profits
question
______ is/are anything that an organization owns that can be used to generate future
answer
assets
question
Which statement concerning the tradeoff between financing through debt or equity is true? Generally, financing with equity is more expensive than debt. Generally, financing with debt carries more risk than equity. Both A & B Neither A nor B
answer
both a & b
question
Which financial statement measures the financial performance of an organization over a specified time period, usually a year?
answer
income statement
question
All of the following are examples of "financial" mechanisms for altering competitive balance EXCEPT: soft salary cap luxury tax hard salary cap revenue sharing all of the above are financial mechanisms
answer
all of the above
question
Teams prefer their stadiums to have more luxury and club seating than ordinary regular seating. T or F?
answer
true
question
The payroll threshold set for a luxury tax acts the same as a hard salary cap. T of F?
answer
false
question
What financial mechanism helps improve the effectiveness of revenue sharing to improve competitive balance?
answer
hard salary cap
question
Before a sport manager is liable for negligence, the plaintiff must show that the sport manager owed the plaintiff a duty of care. A legal duty of care arises from which of the following origins: From a relationship inherent in a particular situation From a voluntary assumption of the duty of care From a duty mandated by a law From all of the above
answer
all the above
question
To successfully show a defendant was negligent, a plaintiff must prove: A duty of care is owed to the plaintiff by the defendant The defendant breached the duty of care The defendant's actions were the actual and proximate cause of the plaintiff's injury There is evidence of monetary damages All the above
answer
all the above
question
Which of the following elements is not necessary for a valid contract?
answer
Liquidated damages
question
A collective bargaining agreement is:
answer
the contract between the players and the owners in professional sport
question
Which of the following statements are true? All professional sports leagues' national broadcasting agreements are exempt from antitrust laws. Professional sport leagues' collective bargaining agreements are exempt from antitrust law under the labor exemption. National Football League is the only professional sport league exempt from antitrust laws. A&B only. All of the above.
answer
A&B only
question
The U.S. Supreme Court case, PGA Tour Inc. v. Martin (2001) involved a challenge to PGA Tour rules under what statute?
answer
Amateur Sports Act
question
Under Title VII of the Civil Rights Act of 1964, it is not illegal to discriminate based on religion, gender, or national origin if the classification is
answer
a bonafide occupational qualification
question
Management in professional sports supports unions much more strongly than employers in other industries. T or F?
answer
True
question
Waivers and releases of liability are contracts where parties agree to give up their right to sue for all types of torts. T of F?
answer
False
question
An example of an Equal Pay Act violation may be paying the female coach of a female athletic team less in salary than the male coach of a female team. T of F?
answer
true
question
The process of making a correct and fair decision is called _____.
answer
ethical reasoning
question
_____, like ethics, is concerned with values guiding behavior.
answer
morality
question
To help with ethical decision-making, an organization should write and consult a(n) _____.
answer
code of conduct
question
Which of the following are examples of sport organizations with codes of conduct? The National Intramural and Recreational Sports Association The American Camping Association The U.S. Olympic Committee All of the above
answer
all of the above
question
Morality can be seen through either a(n) ________ view or a(n) ________ view.
answer
absolute, relative
question
To be effective, discipline must meet which of the following criteria?
answer
meaningful and enforceable
question
When sport managers are faced with ethical dilemmas, their decisions are difficult to make. T of F?
answer
true
question
Ethical decision making is done best with it is a "gut" feeling with no process. T or F?
answer
false
question
Codes of conduct are only valuable within the sport industry in the United States. T or F?
answer
false
question
Codes of ethics should be long and detailed. T or F?
answer
false
Collective Bargaining Agreement
Countries And Territories
Football
Major League Baseball
Sport Management
apsm 10-1 – Flashcards 10 terms
10 terms
Preview
apsm 10-1 – Flashcards
question
Approximately how many athletes are in the four (4) major sports leagues?
answer
4,300
question
In the four major sports leagues how many agents are registered or certified with the respective players associations?
answer
1,600-1,800
question
One of the first agents to represent individual athletes and a pioneer of the sport marketing industry is
answer
Mark H. McCormack
question
The first players association to negotiate the right for players to be represented by agents was the
answer
Major League Baseball Players Association
question
The reserve system in Major League Baseball was
answer
a rule that allowed arbitration of player disputes
question
The three models for a sport agency business does not include A. a freestanding sport management firm. B. a law practice only. C. a players association. D. a sport management firm affiliated with a law firm.
answer
C. a players association.
question
Which of the following does not describe the functions performed by a sport agent? A. Negotiating and administering the athlete's or coaches contract B. Marketing C. Financial planning D. Negotiating the collective bargaining contract for the player or coach
answer
D. Negotiating the collective bargaining contract for the player or coach
question
Which of the following is a task commonly performed by a sports agent. A. Negotiating and administering the athlete or coach's contract; B. Negotiating the athlete's or coach's marketing and endorsement contracts C. Legal counseling; D. Personal care E. All of the above
answer
E. All of the above
question
One of the following is not a reason for the growth of the sports agent business. A. the development of competing leagues; B. the evolution of players associations; C. players' need for financial advice; D. rising product endorsement opportunities. E. None
answer
E. None
question
Which of the following is not a method of fees charged by agents. A. Flat fee, B. Percentage of compensation, C. Hourly rate, D. Combination of an hourly rate with a percentage of compensation cap. E. None
answer
E. None
