QUESTION 1
(20 Marks)
Discussthe role that budgeting plays in the financial planning process of a sports organization.
Outline the key elements that should be included in a comprehensive sports budget and explain
how budgeting supports strategic decision-making and resource allocation in sport
management.
QUESTION 2
(20 Marks)
List and explain three major types of income that sports organizations rely on. Illustrate your
answer with examples from real or hypothetical sports entities and evaluate how internal and
external factors might impact each revenue stream.
QUESTION3
(20 Marks)
Name and describe two financial indicators that are essential for evaluating the fiscal health of
a sports organization. For each indicator, explain its formula, how it is interpreted, and its
implications for organizational sustainability.
QUESTION 4
(20 Marks)
Evaluate two investment options available to sport organizations seeking to grow their financial
assets. Describe the potential advantages and disadvantages of each option and reference
examples of investment practices within the sports industry, locally or internationally.
QUESTION 5
(20 Marks)
Identify two financial risks commonly encountered in sports organizations. Provide strategies
that sport managers can apply to anticipate, mitigate, or control the impact of these risks on
their organizations' operations and finances.
END OF FIRST EXAMINATION PAPER
2
Total Marks = 100