Introduction to Sport Mangement Test 2

Question 1

The following are examples of “financial” mechanisms for altering competitive balance except

Accepted Answer

“reverse-order” draft

Question 2

A collective bargaining agreement is

Accepted Answer

contract between players and owners in professional sport

Question 3

The average player salary in the NBA is now approximately ______.

Accepted Answer

$5.15 million

Question 4

What association is the final authority in determining athlete eligibility

Accepted Answer

State athletic associations

Question 5

Accounting for receipt & timing of all sources & expenditures of cash is zero-base budgeting

Accepted Answer

False

Question 6

When Little League Baseball was first founded, both boys and girls were allowed to compete

Accepted Answer

False

Question 7

Numerous event organizers purchase insurance that can cover

Accepted Answer

safety concerns and potential financial losses

Question 8

The increase in ticket prices in all leagues in recent years reflects

Accepted Answer

A and C are correct

Question 9

The philosophy behind a “hard” salary cap is to

Accepted Answer

constrain all franchises to spend the same amount on payroll

Question 10

What concerns do critics have with children participating in highly organized youth athletics

Accepted Answer

All of these are correct

Question 11

Which of the following youth programs would not have to be Title IX compliant

Accepted Answer

Private youth soccer club

Question 12

Which of the following is not a defense available to an employer to justify a disparity in pay?

Accepted Answer

A difference in gender

Question 13

Providing a satisfying experience for all stakeholders of an event is called

Accepted Answer

hospitality

Question 14

Youth athletic participation in the United States was first recognized during what time period

Accepted Answer

Before the signing of the Constitution

Question 15

Which initial national youth league organization was founded in 1939 as a three-team league

Accepted Answer

Little League Baseball

Question 16

Formation w/in major corporations of separate departments/divisions dealing w/ event management

Accepted Answer

an in-house agency

Question 17

IMG outsources TV production of events because it doesn't have capability to televise in-house

Accepted Answer

False

Question 18

What is the term given to the amount of their own money owners have invested in the firm?

Accepted Answer

Equity

Question 19

The function of client marketing involves

Accepted Answer

All of these are correct

Question 20

Educators at public and private schools immediately embraced the value of exercise and play

Accepted Answer

False

Question 21

Female coaches whose salaries are not equal to their male counterparts have filed ____ lawsuits

Accepted Answer

Equal Pay Act

Question 22

State athletic associations are

Accepted Answer

the organizing body for state championships and competitions

Question 23

Sport law was first documented as a formally recognized specialty

Accepted Answer

in 1972 at Boston College Law School

Question 24

______is/are anything that an organization owns that can be used to generate future revenues

Accepted Answer

Assets

Question 25

Sport events typically seek advertising of their event through

Accepted Answer

trade in-kind sponsorships with media outlets

Question 26

The goal of risk management is

Accepted Answer

All of these are correct

Question 27

A legal duty of care arises from which of the following origins

Accepted Answer

All of these are correct

Question 28

A sport management/marketing agency is defined as a business

Accepted Answer

established to represent marketing interests of athletes

Question 29

Which of the following is not a fiduciary duty owed to the principal by the agent?

Accepted Answer

The duty to compensate or reimburse

Question 30

Which of the following is not a duty owed to the agent by the principal?

Accepted Answer

To negotiate a written contract with the agent

Introduction to Sport Mangement Test 2

Questions 30

Introduction to Sport Mangement Test 2

Questions 30