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SPMA 1P92 Test #1 questions with correctly answered graded A+
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SPMA 1P92 Test #1 questions with correctly answered graded A+
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SPMA 1P92 Test #1Public Sector - correct answer ✔✔government initiatives Ex. Olympics, government subsidies,
government sport organizations Ex. organizations that are directly involved with the government.
Non-for-Profit Sector - correct answer ✔✔non-profits organizations (NPO), associated with the volunteer
sector
Commercial Sector - correct answer ✔✔for profit, private organizations, has owners and shareholders
sport is a mirror... - correct answer ✔✔reflective of societal issues
the sport industry is... - correct answer ✔✔socially persuasive, highly interconnected and
interdependent, people and service oriented, passion driven
Sport industry sectors - correct answer ✔✔-pro sports leagues
-intercollegiate and interscholastic sports
-olympics
-rec sport
-sport for elderly people
-facility management
-sport for disables people
-sport marketing
-legal aspects of sport
-sport club management
Sport Organizations - correct answer ✔✔"is a group of people who are working together to accomplish
goals related to providing some sport related product and/or service"
, industry is different because... - correct answer ✔✔-it draws on peoples passions
-it is a perishable product
-huge in customer service
Characteristics of sport organizations - correct answer ✔✔-identity (name, corporate identity)
-program of activity (goals, mission, operations)
-membership (norms, rules)
-clear boundaries
-permanency
-division of labour.
-hierarchy of authority
-formal rules and procedures
legal forms of business - correct answer ✔✔-sole proprietorship
-partnership
-coperation
sole proprietorship - correct answer ✔✔-one individual owns and operates it, responsible for all risk as
well as reward.
Partnership - correct answer ✔✔2+ individuals that contribute assets and that share profits and losses
coperation - correct answer ✔✔separate legal status that are adaptable to both large and small
businesses, they have shareholders and a board of directors that are liable for all risks
Examples of non-profit orgs... - correct answer ✔✔-Hockey Canada (they don't directly make a profit)
-Common wealth committee of Canada
-Canadian Olympic Committee (receives money from sport Canada)
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