Question

In: Operations Management

There are numerous prominent figures in sports business. Whether an individual or an organization, or an...

There are numerous prominent figures in sports business. Whether an individual or an organization, or an athlete, team owner, journalist, or corporation, the growth of sports can be attributed to diverse contributions. Many of the contributions are based on strategic business acumen and the incorporation of conscious capitalism principles. Therefore, the pioneers of the sports business industry will be identified and the relationship between sports business and the principles of conscious capitalism will be evaluated. Highlight two leaders in sports business. Provide at least three similarities and three ways in which they are different. Be sure to include contributions made to the industry related to conscious capitalism. Lastly, determine if there is a relationship between the level of success for the leaders identified and the incorporation of conscious capitalism by the leaders. The topic materials can be utilized for this assignment, but additional research may be necessary.

Solutions

Expert Solution

For example, I used NIKE and Reebok. Nike is the most prominent leader in manufacturing sportswear, such as t-shirt, shoes, and other wearable clothing products for cricket and other games. Reebok is also a manufacturer of sports wearable products. Both of the companies are hosting many teams and individual players. They sponsor a house for known athletes around the entire world. Both companies are targeting the same kind of audience.

Differences in both companies are that Nike has sales growth up to 6.3% and $2.4 billion. The NIKE its space scraped at one of its most significant domestic footwear distribution same as the international footwear market, to increase brand awareness. Reebok used the strategy to push up the products. For the contribution, Nike usually spends more money compared to Reebok. Both of these companies are trying to be pioneers of the sports business.

Reebok makes advertising through its products such as cricket kits, baseball kits, football, t-shirts, and other accessories for athletes, while NIKE is advertising itself through the wearable products only. Nike focused on all and contributed to all the games, but Reebok participates only in cricket, baseball, hockey, etc.

Yes, there is a relationship between the leaders' level of success because NIKE goes beyond the traditional CSR program by accomplishing the maximization impact, incorporating a higher purpose, and exhibiting the greater awareness and contribution than Reebok.


Related Solutions

Think of a major, well-known business; a prominent not-for-profit organization; and a state, provincial, or national...
Think of a major, well-known business; a prominent not-for-profit organization; and a state, provincial, or national government. For each, describe in two or three sentences a strategically appropriate investment project that the organization might be evaluating—something that you think would make sense for that organization in its current environment. Explain your reasoning.
THIS IS A BUSINESS LAW PROBLEM!!! Describe the decisive factors in determining whether a business organization...
THIS IS A BUSINESS LAW PROBLEM!!! Describe the decisive factors in determining whether a business organization is a partnership and what factors are used to determine partnership property. Explain in detail. Give examples.
Do some general research about prominent figures in psychology. Select a psychologist and present a brief...
Do some general research about prominent figures in psychology. Select a psychologist and present a brief bio (2-3 paragraphs), IN YOUR OWN WORDS, about this person. Some things to consider including: who they are, their contribution to the study of psychology, the impact of their work on society, the impact of their work on understanding human behavior, etc. Include an APA Style reference.
Numerous factors affect the rate of absorption of a drug in an individual. Identify and explain...
Numerous factors affect the rate of absorption of a drug in an individual. Identify and explain the impact of at least three of these factors.
Would a traditional income statement differ depending on whether the business is a service organization, a...
Would a traditional income statement differ depending on whether the business is a service organization, a merchandiser, or a manufacturer?
SMEs (all industries) are very proactive in developing business with international counterparts, whether they are individual...
SMEs (all industries) are very proactive in developing business with international counterparts, whether they are individual or corporates. Examine whether there are there any rules and regulations on cyber security AND data privacy that they need to comply with, and briefly explain each case.
There are numerous times when the information collected from a real organization will not conform to...
There are numerous times when the information collected from a real organization will not conform to the requirements of a parametric analysis. That is, a practitioner would not be able to analyze the data with a t-test or f-test (ANOVA). Presume that a young professional had read about tests—such as the Chi-Square, the Mann-Whitney U test, the Wilcoxon Signed-Rank test, and Kruskal-Wallis one-way analysis of variance—and wants to know when it is appropriate to use each test, what each test...
True/False Indicate whether the statement is true or false. ____​1.​The form of organization for a business...
True/False Indicate whether the statement is true or false. ____​1.​The form of organization for a business is not an important issue, as this decision has very little effect on the income and wealth of the firm's owners. ____​2.​The major advantage of a regular partnership or a corporation as a form of business organization is the fact that both offer their owners limited liability, whereas proprietorships do not. ____​3.​There are three primary disadvantages of a regular partnership: (1) unlimited liability, (2)...
2-1 Your organization collects data on individual patients shown in Appendix Table 2. Identify whether each...
2-1 Your organization collects data on individual patients shown in Appendix Table 2. Identify whether each variable is measured nominally, ordinally, or as an interval/ratio variable. 2-2 What statistical measures would you use to summarize the variable for age? What about for gender? For convenience satisfaction? How would you present these graphically? 2-3 If you are interested in whether satisfaction scoring differed by the amount the individual paid as a co-pay, how would you state this inquiry as testable hypotheses...
Uncertainty enters into the maintenance and production of health in numerous ways, including (a) Whether and...
Uncertainty enters into the maintenance and production of health in numerous ways, including (a) Whether and when individuals will get sick; (b) Whether a given treatment will work for a given patient; (c) Whether on average a treatment will work for a whole class of patients; (d) Whether a specific doctor is competent to deliver treatment. Pick any two of these and describe the major mechanisms (Institutional arrangements) that our society has created to deal with the uncertainty. (For example...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT