Sports Management (Ch.4-6)

11 October 2023
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15 test answers

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$3 million
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The NFL's current TV contract calls for the league to be paid more than ______ per year.
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A. $435 billion
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Plunkett Research estimates that total spending across the entire sports industry amounted to approximately ______ in 2012.
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Value added
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The concept of ______ is probably the best single measure of an industry's impact.
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How an organization generates the funds that flow into the organization
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Which of the following most accurately defines the managerial discipline of finance?
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Profits
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In a basic sense, the financial success of an organization is ultimately dependent on
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Assets
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______ is/are anything that an organization owns that can be used to generate future revenues.
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University of Notre Dame athletic department
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All of the following are examples of publicly traded sport companies except
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return on investment
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As chronicled in the book Moneyball, the strategy employed by the small-market Oakland A's general manager Billy Beane to better compete with large-market teams by identifying and acquiring undervalued players is an example of an organization maximizing its ______.
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Generally, financing with debt carries more risk than equity.
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Which statement concerning the tradeoff between financing through debt or equity is true?
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Balance Sheet
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Which financial statement measures the financial performance of an organization over a specified time period, usually a year?
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Baseball
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In which American major league sport has a rival league NOT emerged since World War II?
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A and B are correct
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Why have no rival leagues to the major American sport leagues emerged in more than 20 years?
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the growing popularity of sport
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The increase in ticket prices in all leagues in recent years reflects
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All of these are correct
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Increased revenue in spectator sports has come from
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"reverse-order" draft.
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All of the following are examples of "financial" mechanisms for altering competitive balance except