SPM2000 Exam 2 with all Correct & 100% Verified
Answers |Actual Complete Exam |Already Graded A+
Which statement concerning the tradeoff between financing through debt or equity is true?
✔Correct Answer-Generally, financing with debt carries more risk than equity.
Which of the following are contributing factors to the competitive balance issue? ✔Correct
Answer-both A & B (the concept of uncertainty of outcome & the disparity between the revenue
potential of large- and small-market teams)
Which of the following is not an example of judicial review of an athletic association decision?
✔Correct Answer-The decision involves an on-field decision by an umpire or referee.
_____ is essential in scientific research, but in sport "faking out" an opponent is seen as an
acceptable strategy and a way to gain advantage. ✔Correct Answer-Honesty
The NFLPA is the only players association to regulate "runners" and financial planners. ✔Correct
Answer-True
Which of the following is not one of the three segments of the sporting goods industry, according to
the SGMA? ✔Correct Answer-Services
Some athletes only seem to care about his/her performance on the playing field, regardless of the
outcome of the game. This is an example of: ✔Correct Answer-Egoism
Ethics, as a field of study applied to sport, is only objective. ✔Correct Answer-False
Risk management is a formal process of assessing exposure to risk and taking whatever action is
necessary to minimize its impact. ✔Correct Answer-True
Let's assume that you are the athletic director at a high school. Although the school district does not
mandate it, you are considering implementing a drug testing program after steroids were found in a
student's locker. What are the legal issues involved in this situation? ✔Correct Answer-Ensuring
equitable competition, Protecting the health and well-being of student athletes, 4th Amendment and
privacy of students (All of the above)
Women coach less than 60% of collegiate: ✔Correct Answer-Neither A nor B (Mens or Womens
teams)
Sports can encourage social division as well as unify ✔Correct Answer-True
Taking a controlling interest in a foreign company is termed ________________. ✔Correct Answer-
Foreign Direct Investment
This consists of transactions that are devised and carried out across national borders to satisfy the
objectives of individuals and organizations: ✔Correct Answer-International Business
Which of the following categories you would say could be identified as sport tourism markets?
✔Correct Answer-A and B (Athletes and Spectators)
, Higham and Hinch in their conceptualization of suppliers of sport tourism included three supplier
categories. Which of the following is the one I added during our class discussions as a fourth supplier
of sport tourism services? ✔Correct Answer-Destination's characteristics
Sporting events are aimed at serving the needs of: ✔Correct Answer-All of the above (Spectators,
Sponsors, Participants)
We begin to notice the need for sport event managers with Albert Spalding's: ✔Correct Answer-
Barnstorming tours
According to the event management lecture, ________ events are those closely identified with the
ethos of a town, city, or region. ✔Correct Answer-Hallmark
Nike has expanded its operations from running shoes to international markets. To capture these
markets, Nike has had to move into what sport(s)? ✔Correct Answer-Ice hockey, golf ,soccer (All
the above)
All of the following are examples of publicly traded sport companies EXCEPT: ✔Correct Answer-
University of Notre Dame athletic department
Teams prefer their stadiums to have more ordinary regular seating to having luxury seating and club
seating. ✔Correct Answer-False
An example of an Equal Pay Act violation may be paying the male coach of a male athletic team more
in salary than the male coach of a female team. ✔Correct Answer-False
Some _____ are universal and esteemed in all aspects of life. ✔Correct Answer-Moral principles
How many agents has the NFLPA disciplined in recent years? ✔Correct Answer-130
Manufacturers frequently outsource production to Asian countries in effort to reduce cost.
✔Correct Answer-True
__________ theories are those theories centered around doing what is right. ✔Correct Answer-
Deontological
Which is not one of the four Universal Moral Values: ✔Correct Answer-Winning
_______ is defined as "the formal process of assessing exposure to risk and taking whatever action is
necessary to minimize its impact". ✔Correct Answer-Risk Management
What challenge does the non-spectator sport sector face as the industry continues to grow?
✔Correct Answer-Increasingly large capital investments are needed to be able to continue to
generate revenue.
Finance within the sports industry is unique from other industries with a unique set of terminology.
✔Correct Answer-True
Which of the following statements is true? ✔Correct Answer-All of the above (Major League
Baseball is the only professional sport league exempt from antitrust laws, All professional sports
Answers |Actual Complete Exam |Already Graded A+
Which statement concerning the tradeoff between financing through debt or equity is true?
✔Correct Answer-Generally, financing with debt carries more risk than equity.
Which of the following are contributing factors to the competitive balance issue? ✔Correct
Answer-both A & B (the concept of uncertainty of outcome & the disparity between the revenue
potential of large- and small-market teams)
Which of the following is not an example of judicial review of an athletic association decision?
✔Correct Answer-The decision involves an on-field decision by an umpire or referee.
_____ is essential in scientific research, but in sport "faking out" an opponent is seen as an
acceptable strategy and a way to gain advantage. ✔Correct Answer-Honesty
The NFLPA is the only players association to regulate "runners" and financial planners. ✔Correct
Answer-True
Which of the following is not one of the three segments of the sporting goods industry, according to
the SGMA? ✔Correct Answer-Services
Some athletes only seem to care about his/her performance on the playing field, regardless of the
outcome of the game. This is an example of: ✔Correct Answer-Egoism
Ethics, as a field of study applied to sport, is only objective. ✔Correct Answer-False
Risk management is a formal process of assessing exposure to risk and taking whatever action is
necessary to minimize its impact. ✔Correct Answer-True
Let's assume that you are the athletic director at a high school. Although the school district does not
mandate it, you are considering implementing a drug testing program after steroids were found in a
student's locker. What are the legal issues involved in this situation? ✔Correct Answer-Ensuring
equitable competition, Protecting the health and well-being of student athletes, 4th Amendment and
privacy of students (All of the above)
Women coach less than 60% of collegiate: ✔Correct Answer-Neither A nor B (Mens or Womens
teams)
Sports can encourage social division as well as unify ✔Correct Answer-True
Taking a controlling interest in a foreign company is termed ________________. ✔Correct Answer-
Foreign Direct Investment
This consists of transactions that are devised and carried out across national borders to satisfy the
objectives of individuals and organizations: ✔Correct Answer-International Business
Which of the following categories you would say could be identified as sport tourism markets?
✔Correct Answer-A and B (Athletes and Spectators)
, Higham and Hinch in their conceptualization of suppliers of sport tourism included three supplier
categories. Which of the following is the one I added during our class discussions as a fourth supplier
of sport tourism services? ✔Correct Answer-Destination's characteristics
Sporting events are aimed at serving the needs of: ✔Correct Answer-All of the above (Spectators,
Sponsors, Participants)
We begin to notice the need for sport event managers with Albert Spalding's: ✔Correct Answer-
Barnstorming tours
According to the event management lecture, ________ events are those closely identified with the
ethos of a town, city, or region. ✔Correct Answer-Hallmark
Nike has expanded its operations from running shoes to international markets. To capture these
markets, Nike has had to move into what sport(s)? ✔Correct Answer-Ice hockey, golf ,soccer (All
the above)
All of the following are examples of publicly traded sport companies EXCEPT: ✔Correct Answer-
University of Notre Dame athletic department
Teams prefer their stadiums to have more ordinary regular seating to having luxury seating and club
seating. ✔Correct Answer-False
An example of an Equal Pay Act violation may be paying the male coach of a male athletic team more
in salary than the male coach of a female team. ✔Correct Answer-False
Some _____ are universal and esteemed in all aspects of life. ✔Correct Answer-Moral principles
How many agents has the NFLPA disciplined in recent years? ✔Correct Answer-130
Manufacturers frequently outsource production to Asian countries in effort to reduce cost.
✔Correct Answer-True
__________ theories are those theories centered around doing what is right. ✔Correct Answer-
Deontological
Which is not one of the four Universal Moral Values: ✔Correct Answer-Winning
_______ is defined as "the formal process of assessing exposure to risk and taking whatever action is
necessary to minimize its impact". ✔Correct Answer-Risk Management
What challenge does the non-spectator sport sector face as the industry continues to grow?
✔Correct Answer-Increasingly large capital investments are needed to be able to continue to
generate revenue.
Finance within the sports industry is unique from other industries with a unique set of terminology.
✔Correct Answer-True
Which of the following statements is true? ✔Correct Answer-All of the above (Major League
Baseball is the only professional sport league exempt from antitrust laws, All professional sports
