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37 Cards in this Set
- Front
- Back
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single person decision making without feedback |
autocratic |
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advantages of group decision making |
feedback, reduce conflict |
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disadvantages of group decsison making |
takes more time |
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setting a goal falls under what objective of management |
planning |
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primary skill in management |
decision making |
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what you give up in order to get something you want |
opportunity cost |
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when price goes up, demand goes_____ |
down |
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when demand goes up, price goes _______ |
down |
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NFL has good _______ |
parody |
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When revenue is shared evenly between teams |
paraody |
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asset that cant be measured |
intangible |
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examples of intangibles |
emotions, pride, attitude, confidence |
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when you dont take the revenue that would be spent in that city anyway into account |
misuse of economic impact study (none of the above) |
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major types of corporations |
Sole proprietorship, S corp, C corp, LLC partnership |
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not a major type of corporation |
pro forma |
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financial statement that can cover any amount of time |
income statement |
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least common type team ownership |
family ownership |
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company that has right to sell merch |
licensee ex: barnes and noble to USM |
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total assets=total liabilities + shareholders equity |
balance sheet |
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BOGO free is an examaple of |
price promotion |
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increase in pricing for a popular game is an example of |
variable pricing |
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when you divide people based on interests; used to determine markets |
segmentation |
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go against typical market standards |
outliers |
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four Ps of marketing |
price, promotion, place, product |
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four different concession stands fall under which P of marketing? |
place |
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segmentation based on race, income, age, education |
demographic segmentation |
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segmentaion based on state of mind |
psychographic segmentation |
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failure to practice ordinary care is known as? |
negligence |
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different laws passed by congress or legislature |
statutes |
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exchange of something of value to validate contract |
consideration |
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intentionally causing harm |
intentional tort |
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accidentally causing harm |
unintentional tort |
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why are cases held in federal court? |
all of the above |
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what type of lighting systemss do outdoor sports have? |
ambient lighting |
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maintaining equiptment on a regular schedule |
preventive maintenance |
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92 % of of costs of facilities |
salaries |
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most facility managers want more... |
storage |
