Essay about NHL lockout

4773 Words Mar 14th, 2014 20 Pages
Business & Management (SL) IA:

Commentary on:

Did the NHL lockout have a negative impact on the organization?

Candidate Name:

Candidate Number:

Written Commentary: 1494

Table of Contents

Contents
Page
Commentary
3-4
Conclusion
4
Appendices
5
Supporting documents
6-9
Bibliography
10

Written Commentary

Did the NHL lockout have a negative effect on the organization?
The National Hockey League (NHL) lockout began on September 15, 2012 at 11:59 pm when the NHL went into a labour dispute with the National Hockey League Players Union (NHLPA). As the NHL season was supposed to start on October 11, 2012 it did not happen. Fans started to grow very angry with the
…show more content…
(Mike Imrem)

Analytical of Business Tools

The SWOT analyzes shows the strengths, weaknesses, opportunities and threats of the NHL lockout. The whole point of the SWOT analyze is to help out a business in fixing their weaknesses and pushing with their strengths. They can turn opportunities into strengths for the organization but have to be careful about the threats shown. In this case the NHL strengths is that they regained their image by ending the lockout and showed fans that they have the ability to work out a deal when times got tough. Though this lockout was seen badly to many people, some see it as an opportunity with rejuvenated fans. Since the lockout lasted for so long many fans were eager to watch hockey so when it finally comes back tickets sales may be higher because more fans will want to attend. The next business tool that I used was a profit graph during the previous lockout and the years before the lockout. This will show the NHL what they have to fix coming into the end of this lockout. Since there was a great increase in the teams that lost money after the 2005 lockout, they will have to somehow get more fans to come whether its from lowering ticket prices or giving deals to fans so they will come to more games. This chart gives them an overview of how the economy of the NHL was before the previous lockout

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