Youcheng Wang
Professor Mohamed Gomma
ACCT 208
April 20, 2015
The IT Benefits& Risks and Auditing Opportunities from
Jacksonville Jaguars
1. Introduction
The Jacksonville Jaguars National Football League (NFL) was one of the first major sporting organizations to take advantage of information technology tools to sale snacks and souvenirs in their stadium.
From 1995 fans of Jacksonville Jaguars can use Spot Cards to buy drinks, snacks and team souvenirs. In other words, they needn’t to use cash and change to pay for these things. The reloadable Spot Cards, which contain an embedded electronic chip, operate manner similar to other smart cards such as Kinko’s Express Pay cards and many retail establishments including university student identification cards that are used for fee payment, meal and book purchases, and building access.
Not only does the Spot Card offer benefits to fans in the stadium, but the use of IT also offers advantages to stadium vendors by providing better financial information when monitoring their business. Though SC offers improvement for the fans and vendors, those sales need assurance that the technology and related information produced is accurate and reliable.
2. Process of IT Payment in Jacksonville Jaguars
The payment method of Spot Card at the stadium in 1995 is the first victory try in a major sports stadium. The stadium make the contracts with First Union Bank, (Which latterly was acquired by Wachovia Corporation and now is a part of Fargo
1. Discuss the factors that have resulted in the NFL becoming “America’s Game” and the
Sport risk management is an importance thing to focus in organization especially sport organizations to practice in organization. Risk management comes early years 1970 (Aman, 2006) and nowadays risk management practices is increases and take serious in risk management practices. Sekendiz, Laroche and Corbelt (2011), sport today changes from recreation to professional activities including sport industry, athletes and professional coach or officer. Everyone participate in sport industry including athletes, coaches, managers, sport officers, organizer and all manufactures sport equipment exposes to risk. Sport risk management still low at Malaysia difference UK. Sport risk management comes from combination risk management scope and sport. Risk management and sport a difference scope because risk management is a part of process risk management for organization and for sport is an activity in manage heath. An effect from combination both is more effectives and efficiency in management of sport organization. Performance athletes maybe can evaluate and identity from sport risk management because organization may identify process to minimize
The organizational culture of the NFL was a breeding ground for dysfunction. From the lack of strong ethics to leadership accountability to inconsistencies, the NFL has many challenges to overcome. The first remedy for the NFL’s woes would be an organizational change in values. This would mean a paradigm shift to an ethical organizational culture. It will be imperative to consider the team owners and players “Until new behaviors are rooted in social norms and shared values, they are subject to degradation as soon as the pressure for change is removed” (Kotter, 2007). PMI notes five change enablers that when incorporated into strategic change initiatives a have a high rate of success.
The NFL has become the most popular sport in the United States. It is watched my millions every weekend. The NFL is only growing in popularity. With new fans joining the fun every day. The NFL has faced its share of problems too. With concussions scaring away many future players, the NFL is hoping to lower the possibility of concussions in the future. Each NFL team plays a total of 16 games over a span of 17 weeks. There are two conferences in the NFL, the AFC and the NFC. There are four divisions in each conference, each with 4 teams. The playoff teams are decided by the division rankings. The winner of each division makes the playoffs, with the two best 2nd place teams making it in as a wild card.
The National Football League is the highest level of professional American football in the United States and to most; it is considered the top professional football league in the world. In order to become a monopoly, you have to take control of the market you’re in. The NFL was created in the early 1900’s. In 1920 the APFL was created when representatives from many leagues and teams came together. The APFA originally had 11 teams when they merged with NFL they currently have 32 teams (Tuchner, 2012). The National Football League is now the most attended domestic sports league in the world. Since completion to the NFL is at a minimum some substitutes are two similar monopolies, the NBA and MLB. But the NFL still is the most powerful out of all of them. (The NFL, 2013)
Imagine a person fresh out of college getting fined thousands of dollars. This happens all of the time in the NFL. The bad thing is they’re not even breaking the law. Players are breaking the rules in the NFL and get fined. The reason behind all of this is to keep a fair game between the franchises. Yet these people make thousands and thousands of dollars anyways. Does fining even make a difference to them anyways? Some say the NFL fining its players is a good thing.
Built in 1927 and opened in 19282, Williams Arena, affectionately known to students as “The Barn” is the fifth oldest college basketball arena in the United States3. It has undergone many renovations since opening but unfortunately the payment technology in the concession stands is stuck in 1928, accepting cash only. The purpose of this proposal is to persuade you to implement credit card payment options to the concessions stands at Williams Arena. After exhaustive research, I have concluded that offering alternative methods of payment, along with the standard cash option, would benefit the Sales and Service Department of University of Minnesota Athletics as well as arena guests. Guest services are a vital aspect to a sport-goer’s experience. At
Card subscribers can pool their points from a variety of firms rather than a single merchant, greatly enhancing their points earning potential and making rewards more attainable.
Sports Stadiums are an iconic staple of American tradition. However not everything about these venues is positive. Team owners take advantage of laws and fans to meet their own goals. Citizens and city officials from various locations have taken up their grievances with the NFL in the past. And it has gotten to the point where even political parties join together to bring to light issues with the organization. NFL stadiums are not good for cities because they take advantage of tax payers, hurt citizens on an economic level and cost them billions in subsidies.
The NFL: League of Denial, written by Mark and Steve Fainaru is one of the first books to publicly question the NFL’s concussion protocol. The book was originally produced as a documentary on PBS, which aired in 2010. The two authors, Mark and Steve Fainaru are ESPN reporters, and brothers. Steve Fainaru formerly worked as a war reporter in Iraq, while Mark Fainaru primarily focused on sports journalism. In an interview with the Chicago Tribune, Mark Fairnaru describes the book as documenting "pretty extensively two decades worth of denial by the league to basically bury the concussion issue as anything serious for the sport" (Chicago Tribune). The two authors became interested in the concussion crisis in the NFL after reading the research of Dr. Bennet Omalu. Dr. Bennet Omalu is a Nigerian, now American Medical Doctor, Forensic Pathologist, Professor, Medical Examiner, but most importantly, the discoverer of the connection between the brain disease, CTE and sports-related concussions. The book focuses on Dr. Omalu, and the case of former NFL player, Mike Webster, and his football related injuries, which later led to his death.
While growing up in the state of Texas I was introduced to National Football League (NFL) at a very young age. Not only was I obsessed with great players like Emmitt Smith and Michael Irving, I had a more finical appreciation for the lucrativeness associated with the NFL. My young adulthood as well as my teenage years was spent playing and learning football with the aspirations of hopefully making it to the NFL. Unfortunately, my playing days ended with tryouts at Texas Tech University, but my love for the game has remained stagnant over the years even till this day. The NFL today is Americas most watched sports league and has taken the crown as the most lucrative and unique economic force in sports. Forbes offered approximations stating that on average, the NFL generates more than $6-9 billion a year in revenues alone. A third of the individual franchises in the league were appraised at over more than $1 billion while the other franchises average nine figures or higher. The NFL as an organization generates its revenues through a multitude of ways ranging from huge television contracts, in-stadium ticket sales, advertising ads paid for by sponsors and merchandise. Their business model unlike most other leagues, is centered on a hard salary cap on player contracts which provides cost certainty with its sponsors. In this paper, I will examine the economic and historical narrative associated with the growth of the NFL’s
13. If you buy a hot dog at a concession stand using your contactless credit card, you are using a ________.
This paper will explore how people within the National Football League (NFL) interact with each other to reach their goals as a team, and an organization as a whole. Sports teams are defined as two or more individuals who possess a common identity, have common goals and objectives, share a common fate, exhibit structured patterns of interaction and modes of communication, hold common perceptions about group structure, are personally and instrumentally interdependent, reciprocate interpersonal attraction and consider themselves to be a group (Group Dynamics, 2004). There are many people
To connect to the economic power that generates through the Super Bowl one must understand the historical pattern of revenue, ticket cost, and attendance the game exhibits in the week leading up to the actual showdown. The ticket prices of the Super Bowl are the main catalyst into understanding what every consumer is willing to spend and how much revenue the game brings to that city. In 1967, the first Super Bowl tickets were no higher than 12 dollars and the average price of a home was less than 25,000 dollars (Smith, 2012). In 2016, the average ticket price was 1,325 dollars making a big ascendance from 1967 (Depietro, 2017). Therefore, this also shows how the game has become more popular since it has come into existence and ticket prices
The first step on the road to redemption for the Steelers and hopefully soon the entire NFL, is to give back to the players. The Steelers, by making their contributions to the players public, can jumpstart a chain reaction with other teams in the league and they can follow suit to overall make the brutal game of football a safer endeavor. These retired players were once adored by fans and now serve as living legends and are still viewed in an incredibly high stature, so if the Steelers organization tries to push this aside and not give credit and compensation where it is due, it will make the Steelers look cheap and hard-hearted. In order to settle the case the