Question 1
(20 Marks)
Explain the importance of budgeting in sports management. Describe the basic components of
a budget for a sports organization and discuss how effective budgeting can contribute to
financial stability and long-term success.
Question 2
(20 Marks)
Identify and briefly explain three primary sources of revenue for sports organizations. Provide
examples of how sports teams or leagues generate income from each source and discuss the
factors that can influence revenue generation in the sports industry.
Question 3
(20 Marks)
Define two key financial metrics commonly used in sports management. Explain how each
metric is calculated and discuss their significance in assessing the financial performance and
health of a sports organization.
Question 4
(20 Marks)
Outline two investment strategies that sports organizations can utilize to enhance their
financial position. Discuss the potential benefits and risks associated with each strategy and
provide examples of how these strategies have been implemented in the sports industry.
Question 5
(20 Marks)
Describe two common financial risks faced by sports organizations. Explain how sports
managers can identify and manage these risks effectively to minimize their impact on the
organization's financial stability and operations.
END OF FIRST EXAMINATION PAPER
2
Total Marks = 100