RSM 396 exit exam

Recreation:

Pleasurable experience during free time motivated by experience of socially redeeming qualities  

Sport:

Competitive institutional body with physical skills

Leisure:

unencumbered free time

Sport and rec marketing:

all activities designed to meet the needs of an organization and need thru an exchange

Demographic:

age, money, location

Psychographic:

personality

4 ps of marketing:

product, place, promotion, price

Marketing segmentation:

based on demographics/psychographics

2 major thrusts of sport marketing:

1 marketing of sport

2 marketing thru sport

3 stages of leadership:

1 knowing the group

2 chose leadership style

3 implement style

Collaboration:

best approach to solve conflict

 3 conditions upon which leadership is based:

1 characteristics

2 nature of task

3 leader expertise

Performance budget:

compares goals and objectives to line item budgets

Cash Flow statement:

cash position of business how it has changed over time

Balance sheet:

profit and loss. Money in and money out

Income statement:

how much money your making over a period of time

Macro:

big part large scale (GDP)

Micro:

small scale (like a factory closing down)

Morals and ethics:

M: special set of values

E: principles of guidance

Utilitarianism:

most amount of good for most amount of people

Altruism:

unselfish devotion to the welfare of others

6 elements of organization structure:

1 specialization

2 departmentalization

3 chain of command

4 span of control

5 centralized vs decentralized

6 informal vs formal

Goals:

associated w/ vision and mission

Objectives:

how we get there

Horizontal vs vertical structure:

communication, chain of command

14^th amendment:

due process

4 negligence:

duty breach causation damages

Quid pro quo:

blackmail

3 unique features characteristics of event mgmt:

1 variability

2 perishability

3 separability

2 primary causes of safety concerns of safety problems in facilities:

1 Poor mgmt

2 poor design