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In: Operations Management

The sports industry has been rocked by the following scandals.The Tonya Harding and Nancy Kerrigem lce...

The sports industry has been rocked by the following scandals.The Tonya Harding and Nancy Kerrigem lce skating scandal, the Black Sox and Houston Astros MLB scandals.Write a conclusion on whether pursuing Social and Governance factors are compatible with the goals of the firm.

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Expert Solution

Sports industry is a well organized, mechanised, marketed and well administrated in all perspectives. Social and governance factors are very much compatible with the goals of the firms and entering into the organization of every sports entity and governing body of the industry.

The ultimate goals of the firm is to demonstrate a good work ethics, exemplary moral character and full willingness to sacrifice for the good of the firm and are fully admired towards its each goals.

Sports industries are also having strict steps for those who got deviated from their ethical path of the sports, such kind of people are terms as malcontents and are given limited playing time or cut from their respective teams.

There are many small, medium and large companies which are involved in this industry. Now sports industries are highly involved in teaching ethics, discipline, fair play, pride, dignity and honour. Sports industry is also a tool for democracy, freedom and equality. This industry induces a sense of patriotism and unity. It also reduces mental instability.

keosha answered 6 months ago
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