It is important that the sports business would protect its employees, and even help them find work elsewhere. The sports business will also often have number of ties in the community, and these will also need to be unwound. In particular, breaking relationships with charitable organizations is something that will be a challenge for management. However, the business will soon need to move onto the business of liquidating the assets, which could include stadiums.
If there are fixed assets involved in either an unwinding of a business or restructuring of the business, the company needs to take into account the disposal of these assets. Sometimes, a fixed asset like an arena or stadium can be sold. This is likely to be the case if there was any government funding for constructing the building. However, it is not responsible to leave such a fixed asset unsold, even if it is a…...

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Works Cited

Banbury, C. & Mitchell, W. (1995). The effect of introducing important innovations on market share and business survival. Strategic Management Journal. Vol. 16 (S1) 161-182.

DeMeuse, K., Vanderheiden, P. & Bergmann, T. (2006). Announced layoffs: Their effect on corporate financial performance. Human Resource Management. Vol. 33 (4) 509-530.

Dutton, J. & Duncan, R. (1987). The creation of momentum for change through the process of strategic issue diagnosis. Strategic Management Journal. Vol. 8 (3) 279-295.

Consortiums and collaborations

Harvard is part of the original Ivy League sporting conference, encompassing Yale, Princeton, Brown, the University of Pennsylvania, Cornell, and Dartmouth. Harvard students are also able, with permission, to take classes at MIT and at Harvard graduate institutions. Harvard offers extensive study abroad options.

Intercollegiate athletics

Harvard has 41 Division I intercollegiate varsity sports teams for women and men, more than any other Division I college in the country. Harvard is also a proud member of the Ivy League, which is a sporting conference of some of the nation's finest academic institutions (Athletics, 2009, Harvard College).

Community involvement

Harvard has an extensive network of student-directed community service organizations: "Students direct over 120 different programs in and around the Greater Boston area" (Community outreach, 2009, Harvard College). Student-lead groups include afterschool tutoring programs for the disadvantaged members of the community, health awareness and drug abuse prevention programs, mentoring of young people, adult education…...

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Works Cited

At a glance. (2009). Harvard College. College Board. Retrieved June 21, 2009 at  http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=1251&profileId=0 

Athletics. (2009). Harvard College. Retrieved June 21, 2009 at http://www.admissions.college.harvard.edu/about/beyond/athletics.html

Community outreach. (2009). Harvard College

http://www.admissions.college.harvard.edu/about/beyond/community.html

Finance
Lawrence Sports Simulation

Lawrence Sports are facing a challenge; they have a single buyer for their goods and deal with two main suppliers. he firm is facing delays in collecting the accounts receivable from the buyer; Mayo, while the payments for the suppliers; Garner Products and Murray Leather Works remain due. he strategy suggested is to readjust the credit terms with Lawrence and the suppliers to reduce the pressure o the cash flow and decrease the requirement for borrowing. he strategy requires the balancing of the different stakeholders needs in order to retain the good business relationships. he strategy of tightening the credit policy is to be accompanied by the use of the balanced scorecard which will help the firm focus on the overall performance and Cash Conversion Cycle

he cash conversion cycle measures the time between a firm spending cash and collect cash from the sales. he longer the time period…...

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The alterative many be to review the payment terms offered to Mayo in order to reduce the time they are taking to pay their invoices, even offering a small discount may be preferable to the incurring of interest charges on large amounts of outstanding capital. Mayo may also resist, so this would also take negotiation and may place the business prelateship under strain; especially if Mayo has low switching costs and other suppliers are available (Mintzberg et al., 2008). A combination of the two may be advisable as it would allow for moves at both ends of the cash conversion cycle.

Balanced Scorecard Measures

The balanced scorecard is being introduced as a way of guiding and measuring the firm performance. If implemented it is necessary to assess the measures which may

If the owner agrees, it discharges the debt under accord and satisfaction, as long as he takes the funds (cashes the check) knowing or with reason to know that it's consideration for discharging the debt. Even though it seems there's no new consideration here, there actually is; because it's a new promise to pay, given the fact that the owner would probably not be able to collect any funds otherwise.

As for the interest, if Mrs. Green disagrees with the calculation, she can recover under contract theory if she is proven correct. Unilateral mistake can be corrected in this fashion. If however, she knew of the error, then she would not be able to collect after the fact. Of course, she has to prove in a court that the calculation was incorrect.

Mary had contracted away her right to sue. A contract must have offer, acceptance and consideration (i.e., some forebearance) and…...

Sports Bar
A partnership firm would be the best choice for Lou and Jose sports bar and restaurant business. To form a partnership, four criteria must be fulfilled: partnership must have two or more persons; the same persons must be caring the business, business must be for profit, and all persons must be co-owners. Lou, Jose, and Miriam will be co-owners for-profit business and Lou and Jose will be caring daily duties of a sports bar and restaurant. However, in a partnership control is shared by all the partners. Every decision is made on the understanding and agreement between all the partners. Lou and Jose will have general partnership while Miriam as an investor partner will not control business activities.

The reason a partnership firm would be the best choice is because neither of them have much money and Miriam is willing to be the investor who will not participate in the…...

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Reference

Limited liability partnership. (n.d.). West's Encyclopedia of American Law. Retrieved June 16, 2012, from Answers.com Web site:  http://www.answers.com/topic/limited-liability-partnership 

Partnership. (n.d.). Encyclopedia of Small Business. Retrieved June 16, 2012, from Answers.com Web site:  http://www.answers.com/topic/partnership 

Cheeseman, H.R. (2010). The Legal Environment of Business and online Commerce: Business

Ethics, E-Commerce, Regulatory, and International Issues. 6th ed. Prentice Hall

minimum academic references, text. Integrate literature essay. Remember introduction a conclusion. Avoid casual language, informal language, biased language. rite academic style.
Leadership in sports

Professional sport has experienced much progress across time, as individuals involved in the domain got actively engaged in implementing reform processes meant to improve it in general. Many people are likely to think about one thing when coming across the idea of leadership in sport: coach. Coaches have been traditionally accustomed to performing all sorts of activities related to sport, regardless of their complexity. Even with this, as the world of sport also experienced advancements, society came to observe the need for a series of other professionals that would deal with leadership in sport.

Taking into account the magnitude of the contemporary sport industry, it would be safe to say it is one of the most successful domains. In the past sports were provided with lesser attention and…...

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Works cited:

Borland, J.F., & Burton, L.J. "Sport Leadership in the 21st Century," (Jones & Bartlett Publishers, 3 Apr 2014).

Pedersen, P.M., Miloch, K.S., & Laucella, P.C. "Strategic Sport Communication." (Human Kinetics, 2007).

Pietrusza, D. "Judge and Jury: The Life and Times of Judge Kenesaw Mountain Landis." (Taylor Trade Publications, 23 Oct 2001).

Zimbalist, A. "In the Best Interests of Baseball: The Revolutionary Reign of Bud Selig." (John Wiley & Sons, 22 Jun 2007).

Stories detailing the rise and fall of the Egyptians, the Roman Empire and other great nations proved mesmerizing and intriguing.
My interests in other areas have also been diversified; I have pursued many adventures, participated as president of many clubs, and won many competitions in music, sports, dance and more. My strength has always been academics however. During high school I was presented the unique opportunity to come to the United States and continue my education. It was here that I decided to study history initially. Though my parents pressured me to study finance or business, I found such work tedious at least initially. I did however entertain my parents and begin taking more classes in finance. This was probably the best decision I have ever made and helped create the professional I am today.

The more I learned the more I came to understand that finance was more than crunching…...

To remind viewers of the many unique action films offered by the channel, handing out bumper stickers at places where F/X watchers are likely to buy products is one possibility. These stickers could read "F/X Digital -- My Other Car is a Stunt Car." This would offer a humorous, ironic message to draw the attention not just of the driver displaying the sticker, but everyone who saw the sticker. Creating idents, or short video promotions showing very ordinary-looking actors portraying viewers of the F/X channel turning on the channel in digital and suddenly becoming part of one of the shows or the films featured on the channel in the upcoming month would underline the message of: "F/X digital -- watch if you dare." This would show how watching in digital creates a new risky, and thrilling dimension to the television-watching experience.

Advertisements regarding the new dimension digital viewing will bring to…...

The Wimbledon Tennis tournament as a hallmark-sporting event creates these social and cultural impact of the community. This is because according to theory transient and recurring events act as important methods of collecting identification of host communities. They present opportunities of asserting, reproducing, reinforcing, and contesting prevailing cultural values and beliefs and social norms (Quinn 2009). Hallmark events are identified as functions that support and reinforce the image of established social and cultural norms.
PR Newswire (2012) indicates the unpredictability of the effects of Olympics as its impact may be difficult to evaluate. However, in the case of London's 2012 Olympics, the games left a lasting impression on the socio-cultural context of ritain. According to Dhar (2012), the games led to the unification and social spirit of unity among the ritish during 2012, as compared to the divided and lawlessness associated with urban riots in 2011. The games increased the…...

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Bibliography

Akerlund, U 2008. Implementation of hallmark events among tourism stakeholders: the discourses of Umea's bid for European Capital of Culture 2014

Andersson, TD, Armbrecht, J and Lundberg, E, 2008. Impact of Mega-Events on the Economy. Asian Business & Management, 7(2), pp. 163-179.

Andrea, C, Andrew, F, Munday, M, and Roberts, a 2007. Assessing the Environmental Consequences of Major Sporting Events: The 2003/04 FA Cup Final. Urban Studies, Routledge, Taylor & Francis Group, 44(3), pp. 457-476.

Anonymous 2012, Apr 18. Olympics 2012: The Economic Impact Market Assessment 2012. PR Newswire.

he answer to the prayers of sport fans seemed to have come in 1982, with the implementation of the Action Sport program. It stood as the first official proposal related to sports development in the country. he program brought significant improvements to the sports scene in England and in several other countries neighboring it, considering that it made it possible for numerous people to get jobs and for more professionals to get actively involved in promoting sports.

he Sports Development Continuum plan came as a method to elaborate the concept of sports development. Derek Casey introduced theories relating to Foundation, Participation, Performance, and Excellence, influencing individuals engaged in sports to gain a better understanding of what sport development meant. he plan was later modified so as for people to comprehend the level to which they could participate and assist the domain. It became obvious that none of the principles put across…...

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The answer to the prayers of sport fans seemed to have come in 1982, with the implementation of the Action Sport program. It stood as the first official proposal related to sports development in the country. The program brought significant improvements to the sports scene in England and in several other countries neighboring it, considering that it made it possible for numerous people to get jobs and for more professionals to get actively involved in promoting sports.

The Sports Development Continuum plan came as a method to elaborate the concept of sports development. Derek Casey introduced theories relating to Foundation, Participation, Performance, and Excellence, influencing individuals engaged in sports to gain a better understanding of what sport development meant. The plan was later modified so as for people to comprehend the level to which they could participate and assist the domain. It became obvious that none of the principles put across by Casey would have any effectiveness if it were not for the others.

The establishment of the National Lottery program in 1994 would practically revolutionize sports as they were perceived by Englishmen. Whereas the program was initially believed to have little effects on the sports development, it brought some of the most important improvements in the domain. The New Laborers plan worked brilliantly and made it possible for sports development to become what it is today -- a booming domain that provides numerous benefits for the people of England.

Also noted by Piard is that once a new stadium is constructed the necessity to construct additional parking facilities is dealt with by the community. The city of Auckland Australia conducted an assessment of the costs and benefits associated with building a waterfront stadium and in its reports stated that the projected costs of construction initially stated at $500 million would in the end actually cost $1 billion and that this amount would construct eight high schools and simultaneously Auckland opted out of the stadium construction proposal.
SUMMARY and CONCLUSION

Construction of a new stadium is a serious issue and there are a great many factors that must be taken into consideration and those factors have been noted in this study. Unless there is no stadium existing in the city in which a new stadium is being considered and there is no other option but to build a stadium then due…...

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Bibliography

Marchek, Jason (2004) Minor League Baseball Stadium Construction: A Primer on the Key Issues and Considerations. The Confluence Research Group.

Nesbitt, Jimmy (2008) Two Measures of Stadium Reveal Different Results. Courierpress. 21 July 2008. Online available at  http://www.courierpress.com/news/2008/jul/21/defining-success/ 

The Pros and Cons of Building a New Football Stadium in Winnipeg (2008) the River City Sports Blog 23 Sept 2008. Online available at http://www.rivercitysportsblog.com/the-pros-and-cons-of-building-a-new-football-stadium-in-winnipeg/

Waterfront Stadium Fiasco (nd) Auckland Civic Trust. Online available at  http://civictrustauckland.org.nz/Documents/WaterFrontStadium.pdf

Improving Competition and Community Engagement
Sports experts, analysts, and observers agree that club football, especially in Europe, is characterized by increased prosperity and popularity. Football has experienced tremendous prosperity and success over the past decade. The increased popularity and prosperity of football clubs has been characterized by the emergence of numerous commercial opportunities and more involvement of fans in the management/running of football clubs. Sports clubs are increasingly exploiting the commercial opportunities through lucrative sponsorship and television deals. Therefore, the success of football clubs in the current sports environment requires increasing capacities to compete with better funded clubs and enhanced community engagement.

Competing with Better Funded Clubs

As the sports industry has become more prosperous and popular, clubs have attracted lucrative sponsorship and television deals as well as other kinds of funding. Currently, there are better funded clubs in the league, which have the money to attract and keep the best players. Given…...

This would considerably simplify matters for Lawrence Sports. Such financing methods are best suited for alimenting short-term objectives.
The reason behind implementing an electronic payments system relies on the fact that the company would count on receiving and making timely payments. This alternative is also designed for simplifying the cash flow.

Preparing and effective cash budget is another alternative solution that must be taken into consideration by the company's managers. The reason that sustains this alternative consists in the fact that companies prefer not to keep big amounts of cash available, but, at the same time, companies are also afraid of keeping amounts of money that are too small for whatever unexpected issues might emerge. Handling large inventories of cash is a strategy that his its advantages and its disadvantages (Brealy, Myers & Allen, 2005).

Another alternative solution mentioned above consists in implementing a factoring system. This financial tool is usually used…...

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References

Brealy, Myers & Allen (2005). Principles of Corporate Finance: Working Capital Management. New York, McGraw - Hill. Retrieved March 11, 2009.

Bernstein & Maksy (1985). Again Now: How Do We Measure Cash Flow from Operations? Retrieved March 12, 2009.

Ross, Westerfield & Jaffee (2005). Corporate Finance. New York, McGraw - Hill. Retrieved March 12, 2009.

Issue and Opportunity Identification

Joe's Sports, a 50-year-old sporting-goods retailer with stores in Washington, Oregon and Idaho, who filed for bankruptcy protection recently. The company began when "Edward Orkney, a World War II veteran, began selling Army surplus sleeping bags from the back of a station wagon in Portland" (Martinez, 2009). It grew to a chain of 30 stores with over 1,600 employees, and was considered successful until the economic downturn that began in 2008.
The company claims up to $500 million in debt, and there are several of its creditors who are uninsured and facing steep losses, such as Columbia Sportswear, another Washington company, who is owed about $888,300. They owe about $12.8 in total to all their creditors. The company did secure some funding from Wells Fargo etail Finance so it can continue to operate and pay its employees as it attempts to reorganize and again become profitable. The President and CEO…...

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References

Martinez, A. (2009). Joe's Sports files for bankruptcy protection. Retrieved 13 May 2009 from the Seattle Times Web site:  http://seattletimes.nwsource.com/html/businesstechnology/2008814402_joes050.html .

Foremost, unlike the previous alternative solution, the profitability of the sports equipment manufacturer would not be negatively affected by problems in the vendor-supplier relationship.
A b) Supplier-vendor relationship

Unlike changes in the priority of payments, the contracting of a bank loan would not affect the relationship between Lawrence Sports Inc. And its purveyors. The suppliers would still receive their payments at regular dates and would therefore continue delivering high quality commodities in a timely and efficient manner. If something, the relationship would improve as more orders would be made and the company would have a better possibility of honouring its obligations to the suppliers.

A c) Ability to resolve the problem now and in the future

The immediate future could pose some threats as the company would also have to pay the bank loan. However, the additional financial resources would allow the company to further invest in their human resource and through this,…...

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Works Cited

Cameron, E., Green, M., April 2004, Making Sense of Change Management: A Complete Guide to Methods, Tools and Techniques of Organizational Change, Kogan Page Limited

Mathis, R.L., Jackson, J.H., January 2005, Human Resource Management, 11th Edition, South-Western