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43 Terms

1
Sports Management
The role of organizing, promoting, and overseeing sports events, teams, and facilities.
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2
Sports Marketing
The process of promoting and selling the sport and the brand.
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3
Facility Management
Operations, maintenance, and safety of sports venues.
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4
Event Management
Planning, organizing, and executing sports events.
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5
Sports Finance
Budgeting, sponsorships, ticket sales, and revenue management.
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6
Leadership Skills
Essential skills for a career in sports management including communication and organizational skills.
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7
Critical Thinking
The ability to evaluate information and make reasoned judgments, essential in sports management.
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8
Sports Industry Ecosystem
Includes commercial sports, amateur sports, and recreation and fitness industry.
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9
Public Organizations
Government-funded sports organizations, typically focusing on community access.
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10
Private Organizations
Sports organizations funded through private contributions and business operations.
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11
Non-Profit Organizations
Entities that reinvest their profits into community or youth sports programs.
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12
International Governing Bodies
Organizations like the IOC that regulate and promote sports on a global scale.
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13
Centralized Structure
A structure where a single governing body has authority over multiple areas.
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14
Decentralized Structure
A structure featuring multiple organizations with various responsibilities.
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15
Functional Structure
An organization structure with specialized departments such as marketing and operations.
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16
Matrix Structure
A hybrid structure combining hierarchical and functional components.
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17
Executive Management
High-level roles like CEO and Executive Director in sports organizations.
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18
Middle Management
Roles such as Directors of finance, marketing, and operations.
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19
Operational Management
Roles focused on day-to-day operations like event coordinators.
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20
Intangible Products
Products that are not physical goods, such as experiences in sports.
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21
Fan Loyalty
The emotional connection fans have to teams or athletes.
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22
Segmentation
Dividing the market into distinct groups based on demographics and behaviors.
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23
Promotional Strategies
Techniques used to increase visibility and sales, including advertising and PR.
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24
Digital Marketing
Using online platforms to reach and engage with fans.
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25
Branding
Creating a strong identity for teams, athletes, and events.
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26
Contract Law
Legal principles governing agreements between parties in sports.
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27
Sports Contracts
Agreements outlining the terms between players and organizations.
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28
Risk Management
Strategies in sports to minimize potential legal and safety risks.
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29
Intellectual Property
Legal concepts protecting creations of the mind, such as trademarks and copyrights.
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30
Collective Bargaining Agreements
Negotiated contracts between athletes and management representing player rights.
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31
Event Management Phases
Key timelines in organizing an event, including pre-event and evaluation.
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32
Venue Selection
Choosing the right location for a sports event based on key criteria.
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33
Sponsorship in Events
Partnering with organizations to secure funding for sports events.
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34
Sustainability in Events
Implementing eco-friendly practices in sports event management.
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35
Financial Management
The process of managing financial resources in sports organizations.
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36
Revenue Models
Strategies for generating income through various streams in sports.
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37
Profitability
The ability of sports organizations to generate profit while engaging with fans.
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38
Strategic Planning
Long-term goal and strategy development for competitiveness in sports.
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39
SWOT Analysis
Assessment framework examining Strengths, Weaknesses, Opportunities, and Threats.
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40
Leadership Styles
Different approaches to managing and motivating in sports settings.
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41
Ethical Decision-Making
Frameworks guiding choices in sports considering fairness and justice.
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42
Change Management
The process of guiding organizations through transitions in the sports industry.
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43
Case Studies
Examples from real life used to illustrate theoretical concepts in sports management.
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