...transnationalization of baseball in the Dominican Republic (DR), as it chronicles the contentious relationship between Major League Baseball (MLB) and Dominican baseball over the past thirty years. Alan Klein tells an important story because Dominican baseball is today a major supplier of players to the MLB. This means, of course, that Dominican baseball, in turn, has changed dramatically as it responds to powerful MLB influences and demands. The plot of Klein’s story is structured around the concept of the global commodity chain. The transnational battle, then, is over the question of who should and will control Dominican player development, training, and contract negotiations, and by whom the island game should be regulated and managed. The story pits the powerful and mostly villainous figure of the MLB against the underdog Dominican buscones, the island’s baseball scouts and business wheeler-dealers. Klein’s achievement in telling the story this way is to highlight the point of view and interests of Dominican contenders for their piece of the baseball pie. This is, for North American readers, a largely unrepresented perspective, and as such makes a...
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...Professional Sports Team Financial Statements Controlling Player Costs National Football League National Basketball Association Major League Baseball National Hockey League European Soccer’s Path to Financial Health: UEFA’s Financial Fair Play Creative Accounting Roster Depreciation Allowance Franchise Appreciation Summary The Financial Status of Professional Sports Growth of Professional Sports Major Leagues The 1990s and early 2000s was a period of substantial growth for professional sports at all levels. The number of teams in the Big 4 major leagues grew from 103 franchises in 1989 to 122 franchises by 2001. During that time, the National Hockey League (NHL) added eight expansion teams, Major League Baseball (MLB) added four, the National Football League (NFL) added three, and the National Basketball Association (NBA) added five teams. In addition, several new leagues were launched in the 1990s with aspirations of becoming prominent national properties, most notably Major League Soccer (MLS) and the Women's National Basketball Association (WNBA). By 2001, each of the Big 4 leagues had reached a saturation point, having established franchises in nearly every market capable of sustaining a major sports property. A few markets remain available for certain leagues. For example, Los Angeles has not had an NFL team since the Rams abandoned LA for a new stadium in St. Louis in 1995. While the NFL would love to have a franchise in the country’s 3rd largest...
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...called Performance with Purpose. By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. PepsiCo (NYSE: PEP), the world's second largest food and beverage business, today announced that it plans to invest US$250 million in Vietnam over the next three years. "I am pleased to announce that over the next three years we expect to invest $250 million in our food and beverage businesses in Vietnam," said Mr. Saad Abdul-Latif, chief executive officer of PepsiCo Asia, Middle East and Africa, to a gathering of employees, business partners and community leaders in Ho Chi Minh City. "Vietnam represents one of PepsiCo's most exciting growth opportunities, and this investment is a reflection of our confidence in this dynamic country and the talented people who live and work here." PepsiCo offers product choices to meet a broad variety of needs and preference -- from fun-for-you items to product choices that contribute to healthier lifestyles. Gatorade is the Official Sports Drink for the NFL, NBA, MLB, WNBA, AVP, MLS, MLL, along with numerous colleges and universities across the United States. Further, Gatorade sponsors the New York and...
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...nearly 400 brands in over 200 different countries. Coca-Cola has five strategic business units: North America, Africa, Asia, Latin America, and Europe, Eurasia and the Middle East. The company adopted their strategies of success using the following strategic priorities: A. Accelerated carbonated soft-drink growth, led by Coca Cola B. selectively broaden the family of beverage brands to drive profitable growths C. grow system profitability and capability together with our bottling partners. D. Direct investments to highest potential areas across markets. E. Drive efficiency and cost effectiveness everywhere. In 2003 Coca-Cola Company products comprised of about 10% of total worldwide sales of non-alcoholic beverage products. The company's' primary competitor in many countries is PepsiCo. Other significant competitors include Nestle S.A., Cadbury Schweppes plc, Groupe Danone, and Kraft Foods Inc., among others. The remaining portion will evaluate the performance and give an investment outlook of the Coca-Cola Co using market and ratio analysis. Market Position of Coca...
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...Corey Kirkland HIS 350L Bruce Hunt 12/11/13 Sports, Media, and the Fans: The Business of Selling Sports The relationship between sports and the media has evolved drastically thanks in part to the proliferation of electricity and its resulting technology. This relationship has now become the “defining commercial and cultural connection for both industries at the beginning of the 21st century. The media has transformed sports from an amateur pursuit into a hyper-commercialized industry, while sports have delivered massive audiences and advertising revenues to the media.”1 This symbiotic relationship has taken many shapes throughout the years, and each evolution in sports broadcasting has the intent of constructing larger audiences and markets to create higher revenues no matter the medium. In the long run, the only real loser in the sports broadcasting realm is the obsolete medium. As technology has evolved, the way in which sports have been presented has followed suit. “Over the course of the twentieth-century sport was transformed from a typically ad hoc unregulated amateur activity to one driven by professional standards and accountability at all levels.”2 This change came slowly at first, and has advanced rapidly over the past few decades. Now, due in part to advanced broadcasting techniques, watching live events and highlights of the day’s games can be brought to our fingertips with relative ease. Sports Coverage Before the Radio Before the broadcasting...
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...and has been a strong growth company over the last 39 years. To guarantee its future achievements, Southwest Airlines needs to preserve its cost advantages and find new growth opportunities. The price of fuel has risen considerably and is the number one source of rising cost in the airline industry. Therefore, I recommend that Southwest Airlines continue to seize opportunities to improve the fuel efficiency of its fleet. I recommend that Southwest Airlines examine the consideration of purchasing new Boeing 737-700s and 727-200’s to stay competitive in this ever changing market. Southwest Airlines should consider using cash reserves to upgrade on-board amenities such as in-flight WiFi and offer live sporting games such as NFL & MLB during the flight. These upgrades can make a direct impact on generating additional revenues for Southwest Airlines. Labor costs are also an opportunity for Southwest Airlines to shift its focus to ensure that they maintain their competitive edge on the competition. As Southwest Airlines begin to make future improvements union wages could pose a threat to the cost of labor demanding magnanimous wage packages. Southwest Airlines has always been on the forefront of maintaining an open and great relationship with its employees. They should leverage the relationship they have with their employees by including them in maintaining a low cost advantage to stay competitive amongst an array of fearless competitors. Integrating with AirTran...
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...For many cities in the United States and Canada, having a professional or college sports team is highly coveted. Different cities value different sports and certain regions hold different sports in higher regard than others. Many people think that having a sport teams in their city or region is a gigantic source of revenue. However, that’s not always true. Time and time again we have seen sports franchises fold or relocate because their overall presence didn’t fit their location. For example we have seen Atlanta fail to support a National Hockey League (NHL) team twice, the Flames and Thrashers. Both teams relocated to Canada. This has happened in all of the major sports leagues. But, is a city or region necessarily dependent on these sports franchises to boost their economy? Has Atlanta’s economy declined since the Thrashers left? No. Also, let’s make sure that we don’t leave division one college football and basketball programs out of the discussion. Now, we’ll take a deeper look to see if college and professional sports teams make as big of an impact on their regions economy as we might think they do. The National Football League (NFL) is the biggest sporting draw in the United States. There is activity related to the NFL going on in fifteen cities around the United States on a Sunday at any given time during the season (30 teams play each other). Monday night is also a large draw for the NFL. Because of the massive attendance numbers and money that is spent...
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...Baseball Live Strategic Plan Jesse Rendon Bus/475 8/26/2013 Petra Yurchich Baseball at its finest Baseball is known as America’s Pastime. The sport that brings families to the game has been around for over a hundred years. There are memorable stories and priceless memories that people talk about when discussing the game with their kids and or grandchildren. As young kids one dreams about being in the World Series and hitting the game winning home run with the crowd roaring behind them. All of these dreams can come true at Baseball Live. Baseball live is a virtual sports complex that has all the entertainment any baseball fanatic can think of. Not only does it have entertainment but it is a facility that teaches young athletes what it takes to make dreams a real life experience. It is not your everyday business; Baseball Live builds it philosophy around making dreams come true. Baseball live is the first academy that enables athletes to understand their flaws in a matter of a swing of the bat or it give the customer the analysis of gun slinging throw. So, as I discuss the business at a high level, take everything into perspective and realize that this is the future of our children who can benefit from everything Baseball live has to offer. Baseball Live Mission Statement Baseball live is an interactive athletic center that allows young athletes to showcase their athleticism without being scrutinized or demoralized. The academy motivates the customer by giving data back...
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...A Proposal for The Construction of a Baseball Field Simon Karuku Reach me via: simonessaywriter@gmail.com if you need essay writing services Contents Introduction 4 Identification and Analysis of a Specific Need 4 What is the problem or need/s? 4 How long has the problem existed? 5 Is the problem considered an emergency? 5 If the problem is episodic or recurring, how often does it occur? 6 What is the etiology of the problem? 6 What is the cause-and-effect relationship? 7 Who first recognized the problem? 7 Multi-perspectives on the problem? 8 Who is involved in promoting the proposed change, and how are they perceived? 8 Who can serve as effective spokespersons for the proposed change? 9 Has anyone tried to address the problem and what happened? 10 Identification and analysis of a specific target population. 10 Identification and analysis of sponsor/s 11 Identification and analysis of interventions and resources 11 Goal for the Intervention. 11 What anticipated costs related to the proposed change can be itemized? 12 What will this problem cost the organization or community if nothing is done? 12 Identification and Analysis of Objectives or Action Steps 13 Timeline of the interventions, objectives and tasks 13 Conclusion 14 A Proposal for The Construction of a Baseball Field Introduction There is an ever growing need for recreational facilities. The creation of this amenities will help build the community and individual successes....
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...SMS12.4 paper 5 Does Sponsorship Pay Off pp352-364 KT2 20/7/11 21:23 Page 352 Does sponsorship pay off? An examination of the relationship between investment in sponsorship and business performance Keywords sponsorship spend investment business performance indicator Compound Annual Growth Rate Abstract CASE STUDY Jonathan A. Jensen Adjunct Professor Columbia College Chicago, 618 S. Michigan Avenue Suite 700, Chicago, IL 60605, USA Tel: + 312 933 2940 Email: jjensen@colum.edu Anne Hsu Account Director Relay Worldwide, 375 Hudson Street, 13th Floor, New York, NY 10014 Tel: + 212 471 5495 Email: hsu.anne@gmail.com Peer reviewed Do corporations who invest in sponsorship perform better? Examining five years of sponsorship spending data and business performance indicators of more than 50 US-based corporations, this case study analyses the relationship between a company’s investment in sponsorship and its business performance. The results indicate that as a group corporations that consistently invested in sponsorship outperformed market averages and those who spent at an above average level outperformed those who spent at a below average level. Executive summary In 2009, North American-based companies spent a total of US$16.51 billion on sponsorship, 68% of which (US$11.28 billion) was spent with sports properties such as the US Olympic Committee, the National Football League and hundreds of local teams and athletes (IEG...
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...CEO Maxine Clark won Fast Company’s Customer-Centered Leader Award. How does a small startup company achieve such accolades? THE PRODUCT On paper, it all looks simple. Maxine Clark opened the first company store in 1996. Since then, the company has opened more than 370 stores and has custom-made tens of millions of teddy bears and other stuffed animals. Annual revenues reached $474 million for 2007 and are growing at a steady and predictable 15 percent annually. After going public November of 2004, the company stock price soared 56 percent in just two years. Annual sales per square foot are $600, roughly double the average for U.S. mall stores. In fact, Build-A-Bear Workshops typically earns back almost all of its investment in a new store within the first year, a feat unheard of in retailing. On top of all this, the company’s Internet sales are exploding. But what all these numbers don’t illustrate is how the company is achieving such success. That success comes not from the tangible object that children clutch as they leave a store. It...
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...companies. And founder and CEO Maxine Clark won Fast Company’s Customer-Centered Leader Award. How does a small startup company achieve such accolades? THE PRODUCT On paper, it all looks simple. Maxine Clark opened the first company store in 1996. Since then, the company has opened more than 370 stores and has custom-made tens of millions of teddy bears and other stuffed animals. Annual revenues reached $474 million for 2007 and are growing at a steady and predictable 15 percent annually. After going public November of 2004, the company stock price soared 56 percent in just two years. Annual sales per square foot are $600, roughly double the average for U.S. mall stores. In fact, Build-A-Bear Workshops typically earns back almost all of its investment in a new store within the first year, a feat unheard of in retailing. On top of all this, the company’s Internet sales are exploding. But what all these numbers don’t illustrate is how the company is achieving such success. That success comes not from the tangible object that children clutch as they leave a store. It comes from what Build-A-Bear is really selling:...
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...Mr. Marchionne will attempt to integrate Fiat and Chrysler by developing Fiat’s newer models with Chrysler for a number of brands, as well as sharing parts, platforms and plants to become a more efficient manufacturer. Another attempt by Mr. Marchionne is to take advantage of Chrysler's dealership network in the U.S. to sell its own cars and reduce its exposure to Europe. The integration of Fiat and Chrysler will augment its economies of scale to have an advantage in competing against their rivals in the global market. Mr. Durban's reputation is known for being savvy with technology. This reputation was given to him because of his deal to take Dell private. If it becomes approved by Dell shareholders, it would be the largest corporation privatization since the financial crisis. Mr. Durban works for Sliver Lake Partners, a private-equity firm which focuses on investing exclusively in the tech industry, saw value in Dell's software and services operations, which allows him to gain knowledge about technologies. Another reputation that Mr. Durban is known for is being a “deal junkie”. He invested in companies, such as Zynga, Groupon, and Skype and all have turned out successful. Mr. Durban urges all investors to make calculated financial decisions rather than emotional ones. The approach is Alcatel-Lucent taking to stabilizing the organization is by pursuing a plan called, “Project Secular”, which allows the company to buy time by mortgaging key assets. This plan raised the...
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...TOPIC HEALTH CARE SYSTEM IN SINGAPORE CASE STUDY PARKWAY HEALTH XXXXXXXX College University of Wales STUDENT ID- Anonymous (XXXX- XXXXX) INDEX 1. Introduction 3 2. Education system 4 3. Healthcare status 5 4. Health care system 5 5. PESTEL analysis 12 6. SWOT analysis 14 7. References 15 INTRODUCTION One of the most prosperous countries in the world was founded just 200 years back. Singapore was founded as a colony by British Empire in 1819. In 1963 it was under Malaysian federation for 2 years but it detached itself from that identity and now is an independent country. Known for the conservatism of its leaders and strong discipline in social controls, Singapore has grown to be one of the most important trading links in the world. Singapore’s port is one of the busiest ports in the world in terms of amount of cargo it handles. The country comprises of Main Island along with 50 small islands and they are linked to Malaysia by bridge and causeway. The location of Singapore is around south eastern Asia, an island between Indonesia and Malaysia. The latitude and longitude coordinates for Singapore are 1 22 N, 103 48 E. With covering a total of 697 sq km, it has land of more than 687sq km and water of somewhere over 10 sq km. It also enjoys a strip of 193 kms of coastline. On the comparison of countries in the world, it lies at 192 rank. The prosperity and the economic importance...
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...Annual report 2013 Looking forward to the future Dear Fellow Stockholder, move ahead of our peers. This unique culture allows us to attract and keep the best leaders and talent because it provides opportunities to grow and take on new challenges. That spirit will remain a cornerstone for us, to the benefit of our viewers, colleagues and investors. Shareholders of 21st Century Fox will see value driven by a commitment to bring consumers across the globe the very best stories in film and television, the greatest moments in sports, unrivaled TV news coverage, and an array of satellite products and services that deliver Rupert Murdoch, Chairman & Chief Executive Officer, 21st Century Fox the world like never before. Our potential to expand our franchises outside the U.S. is limitless, and, with many international markets still in their infancy, largely untapped. It is through this lens – dynamic content, global reach and entrepreneurial culture – that we view both the foundation and future of 21st Century Fox. While I’m not one to look back, the past 12 months have made me especially proud. At the same time, our prospects for the next 12 months and beyond are as bright as ever. The following review of our cable business, sports programming, broadcast network, film and television assets and satellite services is a snapshot of the strong foundation we have built over the years, which will serve us well as we focus on the opportunities that lie ahead. Business Segment Overview...
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