Bus/210 Week 4 Swot Analysis of New World Agency Inc. Essay

Universities draft athletes to work within the NCAA, a multi-billion dollar industry that regulates players to the point of management. All television revenue, ticket and jersey sales, promotions and other sources of income goes to everyone involved in the business except for the athletes creating the worth. According to USA Today Sports in 2014, the NCAA had total revenue of nearly 1 billion during its 2014 fiscal year, well beyond the revenue generated by the NFL, and NBA playoffs. (NCAA nearly topped $1billion in

National trust company operates in both macro and micro environments. Its micro environment integrates stakeholders including, suppliers, owners, customers, local residents, competitors, and financiers. Its macro environment entails, social, political, cultural, economic, technological, societal and legal environment.

- Tangible resources: Some items ranging from apparel to household electronics are defective placed on the store floor.

IMG has been successful in creating mutually beneficial relationships with clients, where it helps athletes to negotiate attractive deals to increase their personal value in exchange for a commission. IMG has brought many individual clients enormous wealth. For example, in the two

A. A player could seek out additional sponsorships and advertising deals like a professional athlete.

around 6 million dollars a year. Most argue that the athletes are paid enough when it comes to

30 NHL groups and 25 NBA groups." (Marc Edelman (Q)). This quote is contrasting how much a couple of beginner athletic groups made in one year versus proficient groups. This implies beginner groups with athletes that aren't paid made more than other expert groups with paid athletes. This is the universities being ravenous and not having any desire to surrender any cash. This is essential since novices should never approach what expert's make yet some have agreed them. This is particularly disturbing when the universities can bear to pay them.

First, how much time and money that they have put into it. For hockey, hockey cost about 1,200 and that includes all of the equipment and ice time just for house league. house league is the lowest level of hockey. Then if you want to play AAA, the highest level of hockey it cost more than $6,000 dollars, that only includes ice time and how much the coach gets paid. Last year for the York Simcoe Express coach got paid around $50,000 dollars for coaching one team for a year.

In his first four years in the NHL, a player will earn no more than $850,000 per year in salary and signing bonuses. He can be offered additional incentives: Up to $250,000 in performance bonuses (for goals, assists, etc.) and up to $500,000 for finishing among the top five in voting for major awards. Few players qualify

Athletes and the sports industry have turned into a multi-billion dollar business annually. Stacked on top of that is that leagues and educational institutions receive multi-million dollar media contracts each year. This is so that broadcasters such as NBC, FOX, and TNT have the rights to broadcast that team or leagues games. The surge of money in the sports industry has led to an influx of agents into the world of agent athletes.

As a result of the effect that it has on the Canadian economy, hockey should be named Canada’s true national sport. Accounting for roughly one-third of the National Hockey Leagues ticket sale revenue, the seven Canadian hockey teams have a much larger market than the 23 American teams. Not including the newly added Winnipeg Jets, the six Canadian teams account for 31% of the $1.2 billion (U.S) sales ticket revenue of the NHL. This means that $341,000,000.00 (U.S) is contributing to the Canadian economy annually. The Toronto Maple Leafs has the largest franchise revenue at an estimated $119,000,000.00. The ticket revenue of the Toronto Maple Leafs is the highest in the NHL at $1.5 million per game. This is an astonishing amount in comparison to the Dallas Stars at $660,000. The construction of sport facilities could cost upwards to over $1 billion (U.S). With this in mind, Canadian hockey facilities (e.g.: the Air Canada Centre in Toronto, Ontario) revenue millions of dollars annually and creates thousands of jobs. Costing $265 million to build, the Air Canada Centre generates revenue of nearly $23 million annually. Additionally, large Canadian sponsors such as Air Canada, Molson Canadian, and Tim Hortons

Sports Agents have not been around for a long time. “Until the 1970’s, very few players had agents because teams would not deal with agents (Masteralexis, 244).”

Companies all over the world are in bidding wars to get their name at the top. Whether it's on the hood of a car in a NASCAR race or on the jersey of a soccer team, these companies know the importance of sponsorship. Sponsors come from every corner of the business world and some even make it big if their sponsored athlete makes it big.

A mutual fund manager is a person who actively buys or sells and sometimes both funds. They are experienced in implementing a funds strategy used for investing and manages its trading activities as well as the portfolio. Choosing whether or not to invest in Ford Motor Company will take the use of a SWOT analysis and learning about the stakeholders of the company.

Sports' marketing is a comparatively new field and dimension within the broad concept of marketing. It is continuously evolving and changing today as society combats the free market to decide the legal and ethical limitations of business today. It is significant to note that this discipline within marketing is not clearly defined. Sports today use corporate sponsorships and television money in order to contend and pay for top quality athletes. Those companies use teams, leagues, colleges, and individuals to make a distinction between their products in a very aggressive business environment. What makes up sports marketing to one person could be considered selling out to another. The business world keeps pushing to find a competitive advantage and the sports world has in general welcomed the money offered (Weikel, n.d.).