Exam (elaborations)
SPMGT EXAM 2
- Course
- Institution
Exam of 6 pages for the course MGMT 346 at MGMT 346 (SPMGT EXAM 2)
[Show more]
Seller
Follow
lydiaomutho
Content preview
SPMGT EXAM 2What is the only sports league to ban corporate ownership? - ANS-NFL
In professional sports, the Commissioner has discretionary power in all the following
except? - ANS-Rule making
Strikes are much more disruptive in pro sports than in mainstream business because: -
ANS-Players have unique talents and cannot be replaced with temporary replacement
workers
As a general rule, league revenues include which of the following? - ANS-Revenue from
national television, and radio contracts, league-wide licensing, and league-wide
sponsorship programs
The response to an impasse in labor negotiations is usually: - ANS-A lockout or strike
A collective bargaining agreement covers: - ANS-wages, hours, terms and conditions of
employment
What percentage of NBA television revenues and merchandise sales come from foreign
markets? - ANS-40%
In 2005 how many international players declared themselves eligible for the NBA draft?
- ANS-...
What league has made the most strives in the global market? - ANS-National Basketball
League
Many individuals in the management of professional sports leagues are not fans of
salary caps because they: - ANS-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.
, According to Much and Gotto (1997), what are the two most important factors in
determining a franchise's value? - ANS-The degree of league revenue sharing and the
stability of a league's labor situation
Although the NFL bans public ownership, it has made an exception for what team? -
ANS-The Green Bay Packers
What league first adopted the Commissioner to govern the best interests of the sport? -
ANS-NBA
League think is the concept - ANS-introduced by Pete Rozelle that owners needed to do
what was best for the league as opposed to their individual franchise.
The NFL Trust is responsible for which of the following activities? - ANS-...
What is the current going rate for a franchise in the NFL? - ANS-...
Which of the following is not a revenue that is shared under league revenue sharing
systems? - ANS-...
Cross-ownership is - ANS-Ownership of more than one sport franchise
Professional golfers must earn a right to compete on the PGA Tour annually. How do
professional golfers qualify for the PGA Tour? - ANS-...
According to the textbook, which of the following is a true statement regarding diversity
in professional sports? - ANS-In 2003, the NBA and MLB welcomed their first minority
owners.
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? - ANS-...
While the NFL bans corporate ownership it has made one exception. For what team
was its exception? - ANS-San Francisco 49ers
Who was the first Commissioner hired in all of professional sports? - ANS-Judge
Kennesaw Mountain Landis of Major League Baseball
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lydiaomutho. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now