The Global Business Of Sports
This course analyzes the business side of sports and discusses the intricacies of global sports leagues as well as various countries’ sports strategies. You will be equipped with a framework and tools to understand and evaluate the business side of competitive sports around the world.
The wide range of global sports businesses constitutes a multi-billion dollar industry. This course will examine and explain the business of sports by analyzing the economic, legal, governance and success models in various sports industries. The primary focus will be on American team sports but comparative global models will be contemplated as well. We will seek to find the answers to questions such as: what lessons can global sports entities learn from each other? What business strategies are used to improve the profitability of leagues, sports teams and franchises? What lessons can be drawn from the United States-based sports models? What revised models should new entrepreneurial leagues apply in order to achieve success? Substantive instruction will be drawn from the likes of the NFL, MLB, English Premier League, Bundesliga, various player unions, India and much more. Ultimately, our goal is to equip the student with a framework and tools with which to understand and evaluate the business side of a wide range of competitive sports ventures.
Business online course
Information about business:
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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