This posting addresses financial factors for sports co.
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Which current financial and economic factors affect sport organizations and their financial decision-making? Which current factors would be important to study if you were actually financing a new arena?
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Solution Summary
The solution discusses the financial and economic factors that affect sport organizations and their financial decision-making. References are provided.
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Sports organizations are in a very tight spot because of their industry. The main economic factor is disposable income as well as the general state of the economy. Demand in this industry is typically determined by disposable income. As disposable income levels rise, like when the economy is thriving and people are carrying more cash in their pockets, the sports organizations industry also thrives. When disposable income drops, including times of recession and high unemployment, ...
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