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SPORTS INDUSTRY FINAL EXAM| 2024 QUESTIONS AND CORRECT ANSWERS
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SPORTS INDUSTRY FINAL EXAM| 2024 QUESTIONS AND CORRECT ANSWERS
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SPORTS INDUSTRY FINAL EXAM|2024 QUESTIONS AND CORRECT
ANSWERS
What is the one "secret to success" in the sport industry. - Start being a professional
today
Three steps you should take to turn the secret to success into reality - -Follow the news
-Network in your field
-Start the job search
Plunkett Research estimated total value of the US Sports Industry in 2015 - $472 billion
Annual combined revenue for the National Football League in 2014/2015 according to
Plunkett Research - $11.1 billion
Combined revenue for the NFL (11.1 billion) exceeds the combined revenue (9.2 billion)
for both the National Basketball Association (5.2 billion) and the National Hockey
League (4 billion) - TRUE
Combined revenue for Major League Baseball is $8.4 billion, so it doesn't exceed the
combined revenue for both the National Basketball Association and the National Hockey
League. - FALSE
What is "Creative Destruction" of entrepreneurial capitalism spoken of by Austrian
economist Joseph Schumpter - Innovation by the entrepreneurs, argued Schumpeter,
leads to gales of 'creative destruction' as innovations cause old inventories, ideas,
technologies, skills and equipment to become obsolete....This creative destruction, he
believed, causes continuous progress and improves the standard of living for everyone.
The sports entrepreneur who founded TVS, the first network to telecast college
basketball games, including the NCAA tournament, across the country - Eddie Einhorn
The big league baseball team once owned by the entrepreneur Eddie Einhorn -
Chicago White Sox
The sports entrepreneur who built the third Madison Square Garden (1925-68) as the
first of a national chain of sports arenas - Tex Richard
, Define Vertical Integration - One entity controls multiple assembly line levels: raw
materials, processing and distribution.
What four main "elements that characterize a profession" did the Wisconsin Medical
Journal specify - -A systematic body of theory and knowledge
-An enforceable code of ethics
-Accountability to society allows control of training
-Licensing admission to profession
The eight domains in NASPE's National Standards for Athletic Coaches - -Philosophy
and Ethics
-Safety and Injury Prevention
-Physical Conditioning
-Growth and Development
-Teaching and Communication
-Sports Skills and Tactics
-Organization and Administration
-Evaluation
Potential New Hampshire high school sports coaches must complete and pass several
instructional programs and tests to become a qualified coach (and they have to pay
their NHIAA dues, too). Three of the tests specifically relate to protecting the health of
student-athletes. What are they? - NHIAA coaches must be certified in first aid and
CPR and pass an online concussion recognition test created by the National High
School Federation
Annual membership dues for the NHIAA - $25
Stern's "four components of regulatory associations." What are they? - -System
Coupling
-Control of Resources
-Administrative Structuring
-Ties of Dependence
NGB Nand NISF N- N N-A NNGB N(National NGoverning NBody) Nis Na Nnational Nsports
Nadministrator Nlike NUSA NSoccer Nor NUSA NBasketball Nthat Noperates Nwithin Nthe Nborders
Nof None Ncountry. N
-An NISF N(International NSports NFederation) Nis Nthe Nworldwide Noverlord Nof Na Nsport Nsuch
Nas NFIFA Nor NFIBA Nwhich Nrun Nsoccer N(football) Nand Nbasketball. NNGBs Nare Nmembers Nof
NISFs
AEMA Nis Nthe Ntrade Norganization Nfor Nwhat Ngroup Nof Nsports Nworkers? N- N NAthletic
NEquipment NManagers
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