SPMT 260 Exam 4 Questions and Answers Latest Update 2025 (Rated A+)
Managers in many fields have long relied on - Answers on data collection, organization, and analysis to create a more complex picture of their business challenges and craft the best path forward
what has changed over the recent ...
Managers in many fields have long relied on - Answers on data collection, organization, and analysis to
create a more complex picture of their business challenges and craft the best path forward
what has changed over the recent years - Answers The size of available data sets, the speed with which
managers can organize those data sets, and the computing power that exists to translate that data into
actionable insights
Sports analytics industry is not limited to - Answers to the realm of scouting, player development, and
on-field improvement
We can divide sports analytics into two idea camps - Answers -business analytics
-player performance analytics
business analytics - Answers applied to strategic initiatives such as ticket pricing, customer relationship
management, social media marketing, or facility financing
player-performance analytics - Answers applied to the more commonly discussed areas of scouting,
player development, and the statistical analysis of in-game strategy
Analytics-based projects must constantly - Answers constantly evolve and recalibrate based on their
desired output to avoid becoming stagnant and creating misleading results
Three basic components of a sports analytics program that should work as one, forming an integrated
system that organizes and processes relevant data: - Answers • Data management
• Predictive models
• Information systems
The arc of analytics as we know it today is - Answers is following a parallel path to the rise of computer
science and machine-based programming
Much of the discussion about the historical foundations of sports analytics revolves around - Answers
around player-performance analysis in the game of baseball, given its history in America and the fact
that each discrete pitcher-versus-hitter event represents a probabilistic outcome that can be quantified
in a unique way
As technological innovation has increased and the investment in analytics platforms has grown, so, too,
have - Answers the tools available for stakeholders across the industry
With baseball fueling the growth and acceptance of advanced analytics in sports decision making, -
Answers other sports began to take notice
, As the industry grew steadily through the 1990s and early 2000s, - Answers hundreds of companies
began to sprout up in search of ways to provide teams, leagues, and managers with the newest
technological and data-driven tools
Strategic marketing initiatives have always hinged on - Answers on an organization's ability to
understand its target consumer and position products according to the functional and emotional needs
of that consumer
Data being used can be as general as - Answers as market demographics, or it can drill down with
greater specificity to understand individual buying habits, sensitivity to pricing, and sentiment toward
particular events or brand campaigns
Given the "event-based" nature of sports programming, - Answers the industry has witnessed the rise of
proximity marketing as a key part of the marketing mix
True personalization can come only with - Answers with data collection and better understanding of a
typical customer
This kind of personalized, one-to-one understanding of fan preferences is supported and maintained by -
Answers by analytics platforms such as team apps and proximity marketing technologies such as
beacons
Mobile-enhanced, data-driven experiences will continue to define the sporting experience across a
range of various sports marketing touch points: - Answers in-stadium, in-store, in-app, direct email, and
especially on social media
____________ will continue to be the fuel that drives the sport marketing world of personalization -
Answers Creation of experiences that encourages a mutually beneficial data exchange, followed by the
careful management and analysis of centralized, standardized data, will continue to be the fuel that
drives the sport marketing world of personalization
Analytics will continue to pace - Answers the maturation and growth of the sport business industry
In the case of Mercedes Benz Stadium, IBM is - Answers IBM is leveraging the power of mobility to
create a "highly contextual, more personalized game day experience for fans, all through the integration
of analytics, mobile, social, security and cloud technologies"
Financial managers in the sport industry use analytics on a daily basis, whether they are - Answers
carefully structuring player contracts in accordance with their league's salary cap policy, calculating the
projected cost of new stadium enhancements, or assessing the risk of future investment options for
their organization
size of financial departments in sport - Answers Finance departments in sport are typically not as large
as other industry segments
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 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 TutorJosh. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £7.02. You're not tied to anything after your purchase.
