...The Impact of a Professional Sports Team on a City Craig Keller Microeconomics 12-2 T -T All major cities in the U.S. have one thing in common with each other; they all have professional sports teams. From New York to Los Angeles, from Seattle to Miami all have professional teams. They all have the devoted fans no matter if they win the championship or they finish last. But having a major sports team in a city is more than just having someone to cheer for. A sports team can and often does a benefit on the city they are in. They benefit the city’s economy in various ways. Oklahoma City is a city that is considered a small market. The city has had sports teams before, an AAA baseball team, and a minor league hockey team, but never a major league team. Oklahoma City is currently the largest city in Oklahoma. In land area, it is the 3rd largest in the nation behind Anchorage and Jacksonville. (Knapp, 2009) Oklahoma City estimated population is 537,734 as of 2006. ( U.S. Census Bureau, 2010) In 2008 the city finally got a professional sports team. The NBA team the Seattle Supersonics moved from Seattle to Oklahoma City and became known as the Oklahoma City Thunder. The move was possible because the city of Oklahoma had been trying for some time to get a professional team. To do this the city came up with what is called the Metropolitan Area Projects (MAPS), which financed new and upgraded sports, entertainment, cultural and convention facilities primarily in the downtown...
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...Stevens, Director of Marketing Date: 4/23/15 Subject: Expanding Roundtable Management Round Table management has successfully competed in the United States sports industry, representing 40% of the NBA players in America. We have transformed from an unknown commodity, to a household name in the sports industry, and in the lives of our athletes families. Although we are very successful at our craft, why stop here? The world is bigger than the United States, and we believe Roundtable has the proper personnel, outside resources, and overall promising potential to begin representing international athletes in other basketball leagues outside of the NBA. As it stands now, Roundtable management does not represent any foreign players. If we want to be known as the greatest management firm in the industry, it is ideal that we begin the necessary steps to broadening our brand. NBA.com reports our league has the highest number of foreign players in the league, at 101 players1. The top countries with the most international players are Canada with twelve, which is followed by France’s ten, and lastly, Australia with eight1. These three countries are paving the way for young athletes to reach their athletic stardom. It is important to note that although a select few are chosen to play in the NBA, the talent pool surpasses more than these individuals. To make the proper transition, we must expand a country at a...
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...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 television market, the lack of a modern, “NFL-ready” stadium has prevented a team from filling this attractive...
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...option 3. Kim, Y. K., Trail, G. T., Woo, B., & Zhang, J. (2011). Sports consumer-team relationship quality: development and psychometric evaluation of a scale. International Journal of Sports Marketing and Sponsorship, 12(3), 57-74. • Purpose of the study To develop a SCTRQS • Methodology adopted Literature review and psychometric tests • Findings SCTRQS is found effective • Managerial implications Consumer relationship can be improved via SCTRQS • Conclusion SCTRQS helps sports consumer team relationship 4. Ramchandani, G., Coleman, R. J., & Bingham, J. (2017). Sport participation behaviours of spectators attending major sports events and event induced attitudinal changes towards sport. International Journal of Event and Festival Management, 8(2), 121-135. • Purpose of the study Deduce the changes in consumer behavior depending on sports participation • Methodology adopted Data gathered over 5k viewers and record their positive and negative responses through TTM • Findings TTM shows sport events increase willingness to participate • Managerial implications To increase consumership in sports attract more people using sponsorship • Conclusion TTM model has limitations but have been addressed in new model 5. Zhang, Z., & Won, D. (2010). Buyer or browser? An analysis of sports fan behaviour online. International Journal of Sports Marketing and Sponsorship, 11(2), 21-36. • Purpose of the study to assess their ability to differentiate licensed sports merchandise purchasers • Methodology...
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... the engine blows Goodstone has given $40,000 for the Pocono Race, But your racing teams gets 1 Million if you finish in top 5 Rules You have 30 minutes to reach a decision Person with most gadgets on their watch is timekeeper As a group you must decide whether to race or not race! 4 Four possibilities Finish Top 5 $1,500,000 Finish but NOT in the top 5 $500,000 $500,000 Race and blow engine $0 2 6/30/2014 Sec 62: Speed Ventures Groups Group 1 Group 2 Group 3 Group 4 Group 5 Group 6 Group 7 Group 8 Group 9 Group 10 Group 11 Group 12 Group 13 Francisco Larrain Echeverria Nicolo Parravicini Cameron Murphy Eric Haddenhorst Paksikorn Tubtimthong Jose Lopez Lecube Jutatit Pumarin Alexander Bourdeau Javier Bernuy Giraudi Fuentes Mo Wang Kangseok Ji Piotr Bielaczyc Anja Zhao Ramakrishna Sayoji Rao Goli Nicolas Izquierdo Chadwick Lauren Zsigray Nicholas McGann Varun Mathur Ty Findley Michal Krowinski Daryl Brown Johann Narvekar Nathan Bell Laura Luedke Adam Tollefson David Nichols Taylor Hougland Jaskaran Bakshi Thanabhum Aramwatananont Ira Shiner Yajur Kapoor Tzung-tza Jeng Gaurav Bhandari Junhua Xu 5 Macarena Garcia James Stepanek Simon Jieun Lee Adam DeWolf Natrucha Poomgate Yilei Huang Madhavi Misra Danielle Bagge Mehak Agarwal Sarah Saxby Carlos Castillo Calle ...
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...COURSE: MKT. 2500*08 Semester: Spring 2010 Professor: Prof. Vaccaro Company Name: Lenovo Group Limited STUDENT NAME& EMAIL& PHONE #: LENOVO CASE PAPER For Principles of Marketing MKT. 2500 With Citations & References Table of Contents I. Background a. The Industry b. The Company c. Product/Services d. Target Market II. Key Issues/Problems III. Alternative Solutions a. Alternative #1 b. Alternative #2 c. Alternative #3 IV. Key Recommendation Ⅴ. Bibliography/References Pg. 3-5 Pg. 3 Pg. 3-4 Pg. 4 Pg. 5 Pg. 5-8 Pg. 9-10 Pg. 9 Pg. 9 Pg. 10 Pg. 11 Pg.12 I. Background a. The Industry “The global PCs market has seen a shift in consumer preference to the budget range PC, from the PC at the cutting edge of technology. Consequently, despite increasing volume sales, the majority of PC markets have lost value in recent years. Strong growth in the Asia-Pacific markets have somewhat buoyed the global market. The global PCs market reached a value of $142.9 billion in 2003, having grown with a compound annual growth rate (CAGR) of 0.7% in the 1999-2003 periods. The leading revenue source for the global PCs market in 2003 was the desktop sector, which accounted for 69.3% of the market’s value. In value terms, this sector was worth $99 billion in 2003. During the next five years, the market is expected to experience steadily growing...
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...74537_05_ch05_p215-264.qxd 10/8/12 4:04 PM Page 215 CHAPTER Discrete Probability Distributions CONTENTS STATISTICS IN PRACTICE: CITIBANK 5.1 RANDOM VARIABLES Discrete Random Variables Continuous Random Variables 5.2 DEVELOPING DISCRETE PROBABILITY DISTRIBUTIONS 5.3 EXPECTED VALUE AND VARIANCE Expected Value Variance 5.4 BIVARIATE DISTRIBUTIONS, COVARIANCE, AND FINANCIAL PORTFOLIOS A Bivariate Empirical Discrete Probability Distribution Financial Applications Summary 5.5 BINOMIAL PROBABILITY DISTRIBUTION A Binomial Experiment Martin Clothing Store Problem Using Tables of Binomial Probabilities Expected Value and Variance for the Binomial Distribution POISSON PROBABILITY DISTRIBUTION An Example Involving Time Intervals An Example Involving Length or Distance Intervals HYPERGEOMETRIC PROBABILITY DISTRIBUTION 5 5.6 5.7 74537_05_ch05_p215-264.qxd 10/8/12 4:05 PM Page 219 5.1 Random Variables 219 Exercises Methods SELF test 1. Consider the experiment of tossing a coin twice. a. List the experimental outcomes. b. Define a random variable that represents the number of heads occurring on the two tosses. c. Show what value the random variable would assume for each of the experimental outcomes. d. Is this random variable discrete or continuous? 2. Consider the experiment of a worker assembling a product. a. Define a random variable that represents the time in minutes required to assemble the product. b. What values may the random...
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.................................................................................................................... 4 Chapter 1 General Education ............................................................................ 5 Administration of Education .................................................................................................. 5 School Education.................................................................................................................... 6 National Curricula .................................................................................................................. 7 Examination and Assessment............................................................................................... 12 Source................................................................................................................................... 15 Islamic Education ................................................................................................................. 16 Chapter 2 Vocational and Technical Education and Training..................... 17 Education and Training of the Indian labour force .............................................................. 17 Principal Training Schemes...
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...Performance Appraisal and Job Evaluation Process A case study on “Dada Corporation” Introduction Page# a) History of the organization 2 b) Objective of the organization 3 c) Function of the organization 3 d) Role of the organization in the Economic Development of Bangladesh 5 e) Organizational Structure 7 f) Mission of the organization 9 g) Vision of the organization 9 Research Methodology a) Rationale of the study 10 b) Objectives of the study 10 Findings and Analysis a) Brief Description of the organization 11 b) Present performance appraisal and Job evaluation process of the organization 11 c) Benefit of present performance appraisal and Job evaluation process 13 d) Resistance to Present performance appraisal and Job evaluation process 13 e) How Present performance appraisal and Job evaluation process should be effective? 14 Conclusion & Suggestion a) Conclusion 15 b) Suggestion 15 * Bibliography/Reference 16 * Enclosures/Graphics/Charts 16 Performance Appraisal and Job Evaluation Process A case study on “Dada Corporation” Introduction a) History of the organization: In 1974, current CEO, Boo YI Park starts a humble but bold headwear manufacturing business with just 5 sewing machines. 1974 ~ 1988: Venturing into headwear business Dada traces its root to Daedo trading, a company Dada’s current CEO B.Y. Park established...
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...The Chinese Music Industry’s Plight and Future At first thought, some people, including myself, would not include the music industry as part of the grand macroeconomic development blueprint. Yet music not only represents an essential part of our modern lifestyle, but also exists as a key stimulus to economic growth. Nevertheless, following the advent of the internet, rampant piracy and lack of copyright protection led the Chinese music industry into the darkest period it has ever seen. Song Ke, one of the China’s most prominent music industry gurus, has been pressured to open two Peking duck restaurants to have sustainable income. Thousands of musicians have been forced to reevaluate their lives and decide whether they would like to continue the hard labor providing free soul food for the hungry yet ungrateful people. While the Chinese music industry now faces stagnate development, unable to overcome problems such as copyright violations, lack of centralized control and coordination, through surveying and analyzing the anatomy of the problems and possible solutions, we will ultimately see why the Chinese music industry is likely to change for the better in the near future. This is important because China is undergoing the vital transition from an export-led growth model to a consumer based economy and the music industry can serve as an economic force to stimulate endogenous private consumption. Before the end of the Cultural Revolution, music in China was limited to Chinese...
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...Jim Albert and Ruud H. Koning (eds.) Statistical Thinking in Sports CRC PRESS Boca Raton Ann Arbor London Tokyo Contents 1 Introduction Jim Albert and Ruud H. Koning 1.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.1.1 Patterns of world records in sports (2 articles) . . . . . . . 1.1.2 Competition, rankings and betting in soccer (3 articles) . . 1.1.3 An investigation into some popular baseball myths (3 articles) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.1.4 Uncertainty of attendance at sports events (2 articles) . . . 1.1.5 Home advantage, myths in tennis, drafting in hockey pools, American football . . . . . . . . . . . . . . . . . . . . . 1.2 Website . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3 Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . Reference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Modelling the development of world records in running Gerard H. Kuper and Elmer Sterken 2.1 Introduction . . . . . . . . . . . . . . . . . . . . . 2.2 Modelling world records . . . . . . . . . . . . . . 2.2.1 Cross-sectional approach . . . . . . . . . . 2.2.2 Fitting the individual curves . . . . . . . . 2.3 Selection of the functional form . . . . . . . . . . 2.3.1 Candidate functions . . . . . . . . . . . . . 2.3.2 Theoretical selection of curves . . . . . . . 2.3.3 Fitting the models . . . . . . . . . . . . . . 2.3.4 The Gompertz curve in more detail...
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...UNIVERSITY OF OREGON INVESTMENT GROUP 12/04/2009 Technology Activision Blizzard, Inc. RECOMMENDATION: HOLD Stock Data Price (52 weeks) Symbol/Exchange Beta (Regression) Shares Outstanding Average daily volume (3 month average) Current market cap Current Price Dividend Dividend Yield Valuation (per share) DCF Analysis Comparables Analysis Target Price Current Price Summary Financials Revenue Net Income 2008A $3,026,000,000 -$107,000,000 $8.14 - $13.14 ATVI / NASDAQ 0.625 1,271,000,000 16,067,500 14,476,690,000 $11.39 N/A N/A $15.25 $4.74 $12.10 $11.39 Covering Analyst: Sean Golin Email: sgolin@uoregon.edu The University of Oregon Investment Group (UOIG) is a student run organization whose purpose is strictly educational. Member students are not certified or licensed to give investment advice or analyze securities, nor do they purport to be. Members of UOIG may have clerked, interned or held various employment positions with firms held in UOIG’s portfolio. In addition, members of UOIG may attempt to obtain employment positions with firms held in UOIG’s portfolio. Activision Blizzard, Inc. BUSINESS OVERVIEW university of oregon investment group http://uoig.uoregon.edu Activision Blizzard, Inc. is located in Santa Monica, CA. They are responsible for creating and publishing video games and accessories. These games are distributed and available on a wide range of platforms across the globe. Additionally, Activision Blizzard maintains and operates Battle...
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...UNIVERSITY OF OREGON INVESTMENT GROUP 12/04/2009 Technology Activision Blizzard, Inc. RECOMMENDATION: HOLD Stock Data Price (52 weeks) Symbol/Exchange Beta (Regression) Shares Outstanding Average daily volume (3 month average) Current market cap Current Price Dividend Dividend Yield Valuation (per share) DCF Analysis Comparables Analysis Target Price Current Price Summary Financials Revenue Net Income 2008A $3,026,000,000 -$107,000,000 $8.14 - $13.14 ATVI / NASDAQ 0.625 1,271,000,000 16,067,500 14,476,690,000 $11.39 N/A N/A $15.25 $4.74 $12.10 $11.39 Covering Analyst: Sean Golin Email: sgolin@uoregon.edu The University of Oregon Investment Group (UOIG) is a student run organization whose purpose is strictly educational. Member students are not certified or licensed to give investment advice or analyze securities, nor do they purport to be. Members of UOIG may have clerked, interned or held various employment positions with firms held in UOIG’s portfolio. In addition, members of UOIG may attempt to obtain employment positions with firms held in UOIG’s portfolio. Activision Blizzard, Inc. BUSINESS OVERVIEW university of oregon investment group http://uoig.uoregon.edu Activision Blizzard, Inc. is located in Santa Monica, CA. They are responsible for creating and publishing video games and accessories. These games are distributed and available on a wide range of platforms across the globe. Additionally, Activision Blizzard maintains and operates Battle...
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...Chief Financial Officer Denver International Airport 201 West Colfax Avenue Denver, Colorado 80202 Re: The Westin Denver International Airport – Denver, Colorado Dear Mr. Heck: Pursuant to your request, we have conducted a study of the potential market demand and developed a statement of the estimated annual operating results for a proposed 519-room Westin hotel (the “Subject”) to be located at the south terminal of the Denver International Airport (“DIA”) in Denver, Colorado. Throughout this analysis, we formally refer to the Subject as The Westin Denver International Airport. The development of the Subject hotel is expected to be financed through the issuance of tax-exempt bonds coupled with some form of public subsidies/guarantees/loans. This report has been prepared for use by the Denver International Airport and its financial advisors in determining the estimated annual operating results of the proposed Subject. The conclusions set forth in this report are based on an analysis for supply and demand for the transient lodging market in the Denver-Aurora market area as of August 8, 2012, the completion date of our fieldwork and primary market research. As in all studies of this type, the estimated results assume competent and efficient marketing and operational management, and presume no significant change in the status of the competitive lodging industry from that as set forth in this report. The terms of this engagement are such that we have no obligation to revise this...
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...ITU-T Technology Watch surveys the ICT landscape to capture new topics for standardization activities. Technology Watch Reports assess new technologies with regard to existing standards inside and outside ITU-T and their likely impact on future standardization. Previous reports in the series include: Intelligent Transport Systems and CALM Telepresence: High-Performance Video-Conferencing ICTs and Climate Change Ubiquitous Sensor Networks Remote Collaboration Tools Technical Aspects of Lawful Interception NGNs and Energy Efficiency Standardization Activities for Intelligent Transport Systems Distributed Computing: Utilities, Grids & Clouds The Future Internet ICTs and Food Security Biometrics and Standards Decreasing Driver Distraction ICT as an Enabler for Smart Water Management Using Submarine Communications Networks to Monitor the Climate Standards and eHealth The Optical World Trends in Video Games and Gaming ITU-T Technology Watch Report September 2011 Video gaming is a global phenomenon, a fast-moving multibillion dollar business, cutting across all age groups and gender. This ITU-T Technology Watch Report surveys some of the latest developments in the world of video games, describes the most common gaming platforms and terminals and highlights new technologies enabling a better gaming experience and associated standardization activities. http://www.itu.int/ITU-T/techwatch Printed in Switzerland Geneva, 2011 The rapid change of...
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