...THE SPORTS GUY 1. CASE SYNOPSIS The Sports Guy is a small sporting goods store located in a small town in the Greater Toronto Area and owned by Bob Rhodes (“Rocky”). Ten years back Rocky decided to start his own sporting goods business, of which he owns 60% and family members and friends 40%. Rocky purchased a land in town, with his startup capital and mortgage loan. Nearly 70% of the sales consist of equipment and uniforms bought by the local teams and the other 30% is consisting of wide range of sports and recreational merchandise. Its main competitor in town is the Canadian Tire store and Sports Guy’s sales have not been growing much in the recent years. Rocky lacks the ability to manage his inventory and his declining inventory turnover is increasing his debt. Rocky wants his business to grow but to do so he needs to access bank credit to finance higher inventories and future expansions. 2. PROBLEM STATEMENT The main problem for Rocky is to improve Sports Guy’s profitability. 3. SITUATION ANALYSIS SWOT ANALYSIS: Strengths * Passion and knowledge about sports – it is a fairly attractive industry for Rocky because his expertise, passion and community involvement differentiate his business from his competitors * Growing company – growing rapidly for the last few years and the area around the store has become a prosperous neighborhood, making their location a busy commercial area * Very well advertised in the local community (TV channel, flyers, local...
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...choose to not use steroids. * This video also shows how body builders felt when they found out their role models (Sylvester Stallone, Schwarzenegger) * Athletes who choose not to dope fall into conventional thinking as they abide to the regulations of the sport, rather than the outcomes made possible by winning. If an athlete chooses not to dope and loses to someone who does, they directly fall into conventional thinking. Post conventional thinking would be if the athlete dopes despite the regulations, wins, and brings home wealth to his benefactors. This thinking is considered utilitarian and can be considered rights based if his opponents doped as well. * As evidenced in Lance Armstrong’s case, he was able to dope for years and received the benefits of winning. This suggests two things. * Doping can be done successfully without the consequences of getting caught. * Lance lives the life of a very successful athlete despite admitting to his doping. This proves the example of post conventional thinking ~ utilitarian. Article: http://www.nytimes.com/2013/01/18/sports/cycling/lance-armstrong-confesses-to-using-drugs-but-without-details.html?pagewanted=2&_r=0 * Shows the Lance Armstrong case as an example of post conventional rights Article 2:...
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...by saying that the police has some sloppy investigations done. The legal experts have been saying of late that there is some doubt and what is helping the accused is that the murder weapon pistol has not been located along with no legit witnesses of the shooting coming forward. There is not much of a feel of which side is winning so this outcome could go either way. A doctor on the behalf of the defense, say that two other men were on some serious drugs like PCP and might have committed the crime since it is has been told that PCP can cause violent stages. Unfortunately Hernandez DNA was found on a shell casing in a rental car, but the defense state it came from gum. Shayanna Jenkins said she was told to give money to Earnest Wallace a guy that has been also charged for the execution and was told to do this by Mr. Hernandez. She took a box and did not ask about it or does she now remember where she put this box. It ended up smelling like weed, and that it was weed instead of a gun, and the supplier was MR Lloyd. Mr. Kraft the owner of the Patriots had a conversation and said he was innocent of these charges so I guess for...
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...plays a significant role in determining the success of this ad campaign, and determining the consumer behavior theory that best explains the success of the campaign. CA (Cricket Australia) emphasized the importance between the correlation of involvement and behavior change, “The degree of involvement has a very significant effect on consumer behavior.”(slideshare.net) I will first provide a short summary of the campaign and then link the success of the campaign to the Social Judgement Theory. The concept involvement “has been discussed for over “two decades in the consumer behavior literature and even longer in psychology.” (Muncy, 1984) CA took aim in getting a specified target audience who was not engaged with the sport then raising their awareness about the sport and in turn getting them to take action by watching it through the television, or actually watching the games live. The goal was not simply to increase traffic in their television broadcasts or their live game turn ups, instead CA wanted the fans to ignite a passion for the game of Cricket. Finally after having consumers become more engaged and passionate with the game, additional revenue by having consumers spend more and also acquiring big Television deals. CA wanted to accomplish this by repositioning away from the mindset that cricket was a passive game for older folks. CA developed a central message for the game that would spread to their target audience and anyone else who...
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...do something or not. It could be for money, pride or even physical well being. So when people say that you should not be required to wear protective gear when you are bull riding they are sorely mistaken. Like for instance in football players are required to wear helmets and protective padding and baseball players are required to wear helmets when they are batting. There was one study published that found bull riders were around ten times more likely to get hurt than a football or hockey players where likely to. Another concluded that head trauma accounts for about half of all serious bull riding injuries. To me though wouldn’t you say that a 2,000 pound bull stomping on your head is more dangerous than a man hitting you? Then you have the people who will argue with you saying that professional bull riders are so suppose to be made out like these tuff guys. It is beginning to change though as professional riders finally realize this is a business and what they earn and that with fewer concussions and injuries they will be able to have a long career in bull riding. In my opinion I would say that the guys who do wear the protective gear are the smart ones, because if bull riding is all you have ever done and you get a career ending injury then what are you going to do. It is a sad fact but unfortunately, only 25% of bull riders wear the proper protection gear but...
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...A highly debated topic that has been talked about for years now is violence in sports. Some question if violence on the field, carries over to violence off the field making it hard for athletes to differentiate game like situations to real life situations. In both professional and collegiate levels people hear many stories about athletes being involved in sexual abuse, physical abuse, harassment, and other violent cases. If this is something that is continuing, what can the professional and collegiate levels do to educate and help put a stop to athletes being involved with violence and criminal law? Looking at sports we see that there is violence on the field, but this is normal, this does not fall into the category of regular violence, but competitive sports. The definition of violence is the use of excessive physical force, which causes or has obvious potential to cause harm or destruction. We then can break violence down into four different categories. The first type is brutal body contact; this is physical practices common in certain sports and accepted by athletes as part of sport participation. The second type is borderline violence; this is practices that violate rules of the game but are accepted by most players and coaches, like players pushing back getting positioning on a rebound. The third type is quasi-criminal violence that violates the rules of the game; examples of this would be cheap shots, late hits, sucker punches, and things of that nature. The...
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...Case outline Bob Rhodes, age 32, is well known in his local sports activity. Ten years ago, he started business called The Sports Guy and raised capital from obtaining a bank loan and an equity investment from friends and family. His family and friends own 40% of the business while he owns the rest. Mortgage help him purchasing land in small town outside of GTA that consists of two lots on a corner in which one is used to build a store, and another one was planned for the parking lot but never executed the plan because of the surrounding activities. Local sports team account for 70% of the sales whereas 30% comes from regular walk-in customers. Problem Statement & Objectives The major problem is reducing profitability of the business and there is no proper management of the inventory, which leads to sale of inventory at discount rate. Also labor wages are also too high and reducing creditability of business lead to reduce in the trust of the business and loss of the customer due to improper inventory management. The objective is to get access to bank credit to finance high Analysis the financial health of the business and recommend the various way to get the business right on track Situation Analysis Summary The company sell retail sports product to the sport team and children’s. Also there is around 30% of walk-in customer, who help the business to manage inventory. This might not be attractive industry because buyer’s and potential entrants have high power in...
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...” Many people think that college athletes should not be paid because they already are paid in other forms, education, gear, etc but the NCAA, as a whole, makes more than enough for every player to have a salary. College Athletes should be paid a decent salary for all they do for the NCAA, most kids depend on the NCAA, and their education is not worth anything. For example, John Brill states, “According to his study, in 2005 a draft ready football player is worth $495,000 and a draft ready basketball player is worth over $1.4 million to the NCAA respectively.“ This would prove...
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...Male Adolescent Development Through Sports Adolescence is the period between childhood and adulthood, and there are a number of changes that take place. My goal for this paper is to address the influence that participating in sports has on the social development of males through adolescence. This is a time where individuals look to find their identity, and with new parental and peer influence, this can be a tough time. I found the interesting twist for this paper to be addressing how sports help or facilitate this development, because going through my adolescence, sports were very important. I feel that participating in sports gave entry to interactions with a number of new people, to keep you socially up to date. With involvement in a league, team, etc., people can establish who they want to be by establishing their relationships with others, and progressing towards a desired identity. In addition, being part of a team allows an individual to gauge themselves against their fellow peers, and see if they are on the same level, or feel inferior. Throughout this paper I am going to explore different steps and events that take place in the social development of adolescence of males in relation to sports. A starting point for social development of adolescence is finding an individual’s identity. At this adolescent stage, you are able to think more critically and abstractly than you do when you are younger (McGrath, 2009). Therefore you can find a deeper perception of yourself...
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...what was reported in 2002.” High School athletes are vulnerable to concussions every day in practice and in games. The number of students getting concussions is growing every year, but how do we bring that number down? The statistics of concussions High School sports is important along with the dangers of concussions, and what a concussion is. These are the kind of things that schools should be aware of for the students sake. (Head Case). Concussions are very dangerous but every day there is a student at a school that gets hit or falls and ends up with a concussion/concussions. “In every 100,000 athletic...
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...writing resources in the Tutorials and Guides section of the Center for Writing Excellence. Thank you for using WritePoint. Joseph Reese University of Phoenix RS341 Rick Benito March 06, 2011 Everyone always wonder if Major League Baseball player salaries are efficient with the performance a player is putting out. As mentioned from the Longitudinal Field Assessment of Equity Effect on the Performance of Major League Baseball Players. Player performance can rise or decline based on how the player thinks he is treated . Studies have shown that players were more reluctant to perform at a higher level because of contract status. Players were also aware that by playing until their contract was completed, other teams would be willing to bargain with them for a contract with better incentives. Although the light may look brighter on the other side of the tunnel, studies have shown that once a player receives the contract...
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...My mom tells me stories when me and my brother was around the age of one, my dad would throw balls at me and my brother. His mentality was if he threw balls at us at a young age, we wouldn’t be afraid of them when we go older. All my dad talks about is sports. He loves baseball, hockey and football. He made sure we played all of them and even made us play soccer, but he never watched soccer. Naturally me and my brother made friends and we would repeat whatever my dad was talking about that week, whether it be trades, big plays, or stupid call. My dad never watched soccer and neither did me or my brother. For some reason in senior year in high school I grew to love watching soccer beuase one of my close friends. To my dad this was deviant behavior, and when there were two big games on soccer was immdiatly...
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...Steroids have been part of baseball history for a long time and it’s benefited athletes who resort to using it without getting caught. It’s helped the game develop into the game we see today, with players breaking home run records and pitchers pitching Cy Young worthy numbers. Steroids have caused a rift between who should or shouldn’t be in the Hall of Fame because it helped them get a competitive boost with the use of an injection or cream, while others played naturally and legally. While I believe that steroids have its advantages in athletes, it is just another way athletes can gain a competitive boost. If steroids were to be legalized, all athletes would have the chance to compete at the same level, but in a much higher and competitive environment. The stadiums would be more electric and games would be more exciting for the fans to enjoy....
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...Five Guys is a fast casual restaurant chain that originated in Arlington, Virginia within the Washington Metropolitan Area (York). The chain sells mainly hamburgers, hot dogs and French Fries (York). Five Guys enterprises has grown from a single family owned restaurant to a franchise with 450 locations in thirty states (York). Five Guys opened its doors to Arlington, Virginia in 1986 (York). The restaurant was started by four brothers who were given the choice to start a business or go to college by their parents (York). The burger and fry shop drew in a ‘cult-like’ clientele base which demanded the opening of four additional locations in the Metro D.C. area between 1986 and 2001 (York). At that point, the family decided that they should expand beyond D.C. to give more people the opportunity to experience their food (York). In 2002, they opened franchise opportunities limited to D.C., Virginia, and Maryland, and in 2003 to the rest of the country (Five Guys Inc., 2008). Five Guys philosophy sets apart from other fast-food chains by their uniqueness or originality. Their concept is different and like very well was able to compete with other burger restaurants. Their philosophy is a simple minimalist menu of freshly prepared food, served nearly the speed of a fast-food establishment. The business plan for Five Guys since 1986 has been simple, sell high quality food in a clean and friendly environment with excellent customer service, while not cutting corners (York)...
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...right of the people to keep and bear arms shall not be infringed.” One statement, but two different views. The non-supporters of gun laws use it as a seem-to-be solid proof of people rights of being armed, which is given in order to prevent a dictator ruling the country and self-defense. The supporters claim that every word of the Second Amendment suggests otherwise: it only applies for ‘well-regulated Militia’ who help defend the country, not for any random civilians who use guns for sports or...
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