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7-2 Final Project One Submission Sport Organization Research Paper

7-2 Final Project One Submission Sport Organization Research Paper

Q Submit your completed sport organization research paper, including the conclusion portion. In the conclusion, you will characterize the health of your chosen business by citing specific evidence that supports your position. In preparing your sport organization research paper for submission, be sure to review and address all of your instructor's feedback on the milestones. Your submission should be a complete, polished artifact containing all of the components listed in the Final Project One Guidelines and Rubric document. To successfully complete this assignment, review and follow the Final Project One Guidelines and Rubric document. SPT 200 Final Project One Guidelines and Rubric Overview For aspiring sport management professionals, there are few better learning opportunities than investigating an actual sport organization to discover how it operates and thrives in the real world. As you have learned in this course, running a successful sport business is a multifaceted endeavor, requiring knowledge of best practices in the areas of finance, communication and media, and marketing and sales, to name a few. A manager within a sport organization must understand the distinctions and intersections among these various areas in order to effectively steer the ship toward continually achieving its mission and goals. In this final project, you will select a sport organization from the list provided in the Module One Journal Guidelines and Rubric document and conduct research into its financial position, communication and media strategies, and sales and marketing approach. You will apply what you have learned in this course in order to draw larger conclusions about your chosen organization’s overall health. This will be submitted in the form of a sport organization research paper. The project is divided into two milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Three and Five. The final product will be submitted in Module Seven. In this assignment, you will demonstrate your mastery of the following course outcomes: • Identify broad options for improving the financial position of sport businesses by determining possible revenue streams and reasonable cost-saving measures within current legal and regulatory frameworks • Evaluate various communication and media strategies for their potential to ethically promote the brands of sport organizations, build professional networks, and engage sports fans and volunteers • Illustrate the value of utilizing sales data to develop targeted sports marketing strategies based on sound consumer demand forecasts Prompt Answer the following question in your paper: To what extent does your chosen organization exhibit a healthy financial position, effective communication strategies, and a data-driven approach to sales and marketing? Specifically, the following critical elements must be addressed: I. Introduction A. Explain your interest in your organization and why you chose it, addressing its appeal both to you personally and to a wider audience. For example, you could explain how your organization exemplifies wider trends or issues in the field. B. Create a basic profile of your organization and the business environment in which it operates. Be sure to include enough detail to be able to use it as support in the rest of your paper. C. Identify the organizational mission and goals, explaining how they relate to the details in the basic profile you created. You will refer back to these throughout your paper. II. Financial Position A. Explain the historical and current financial positions of your organization. Provide examples to illustrate. B. Identify any untapped revenue streams that your organization might consider, discussing any relevant legal or regulatory considerations. Cite specific evidence that supports your position. C. Devise reasonable cost-saving strategies that your organization might employ, discussing any relevant legal or regulatory considerations. Cite specific evidence that supports your position. III. Communication Strategies A. Describe the media strategies that your organization currently employs, including any presence it has on social media. Provide examples to illustrate. B. Explain any ethical considerations your organization takes into account in its communication and media strategies when promoting the brand. Cite specific evidence that supports your position. C. Detail how your organization engages in outreach with professional networks and with fans, including how it promotes volunteerism both internally and externally. Cite specific evidence that supports your position. D. To what extent is your organization building professional networks? Cite specific evidence that supports your position. E. To what extent is your organization engaging fans or encouraging internal and external volunteerism? Cite specific evidence that supports your position. IV. Sales and Marketing A. Describe the overall approach your organization takes in marketing its products and/or services, focusing on how it employs relevant data points in its decision making. Provide examples to illustrate. B. Identify your organization’s key consumer demographics, describing how they are targeted in marketing efforts. Be sure to include how the data supports this targeting. C. Provide your organization’s sales or other fundraising goals and determine how successful it has been in meeting those goals. Be sure to use the data to support your conclusions. V. Conclusion Overall, based on your analysis, how would you characterize the health of your chosen organization? Cite specific evidence that supports your position. Milestones Milestone One: Draft of Introduction and Financial Position In Module Three, you will submit a draft of the Introduction and Financial Position sections of Final Project One. This milestone will be graded with the Final Project One Milestone One Rubric. Milestone Two: Draft of Communication Strategies and Sales and Marketing In Module Five, you will submit a draft of the Communication Strategies and Sales and Marketing section of Final Project One. This milestone will be graded with the Final Project One Milestone Two Rubric. Final Submission: Sport Organization Research Paper In Module Seven, you will submit Final Project One, including the conclusion portion of the project. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course. This submission will be graded with the Final Project One Rubric. Final Project One Rubric Guidelines for Submission: Your sport organization research paper should be 4–6 pages in length and should use 12-point Times New Roman font, double spacing, and one-inch margins. Sources should be cited according to APA style. Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value Introduction: Interest Meets “Proficient” criteria, and details demonstrate an insightful awareness of the organization’s appeal both personally and to a wider audience Explains interest in organization and why it was chosen, addressing its appeal both personally and to a wider audience Explains interest in organization and why it was chosen, addressing its appeal, but explanation is cursory or contains inaccuracies Does not explain interest in organization 2 Introduction: Basic Profile Meets “Proficient” criteria, and details illustrate a nuanced portrait of the organization and the environment in which it operates Creates a basic profile of the organization and the business environment in which it operates, including sufficient details to support paper Creates a basic profile of the organization and the business environment in which it operates, but does not include sufficient details for supporting paper Does not create a basic profile of the organization 2 Introduction: Mission and Goals Meets “Proficient” criteria and makes cogent connections between the organizational mission and goals and the basic profile of the organization Identifies the organizational mission and goals, explaining how they relate to the details in the basic profile of the organization Identifies the organizational mission and goals, explaining how they relate to the basic profile of the organization, but explanation is cursory or contains inaccuracies Does not identify the organizational mission and goals or explain how they relate to the basic profile of the organization 2 Financial Position: Historical and Current Meets “Proficient” criteria and illustrates a sophisticated explanation of the financial positions of sports organizations Explains the organization’s historical and current financial positions, providing examples to illustrate Explains the organization’s historical and current financial positions but does not provide illustrative examples Does not explain the historical and current financial position of the organization 10 Financial Position: Revenue Meets “Proficient” criteria, and evidence cited is especially well suited to the untapped revenue streams of specific sports organizations Identifies untapped revenue streams, discussing any relevant legal or regulatory considerations, and supports discussion with specific evidence Identifies untapped revenue streams, discussing any relevant legal or regulatory considerations, but discussion is not supported with specific evidence or contains inaccuracies Does not identify sources of untapped revenue 10 Financial Position: Cost-Saving Strategies Meets “Proficient” criteria, and evidence cited is especially well suited to cost-saving strategies used by specific sports organizations Devises reasonable cost-saving strategies, discussing any relevant legal or regulatory considerations, and supports the discussion with specific evidence Devises reasonable cost-saving strategies, discussing any relevant legal or regulatory considerations, but discussion is not supported by specific evidence or contains inaccuracies Does not devise reasonable costsaving strategies or discuss relevant legal or regulatory considerations 10 Communication Strategies: Media Meets “Proficient” criteria, and examples are especially well suited to illustrating the media strategies employed by the sports organization Describes the media strategies currently employed by the organization, including on social media, and provides examples to illustrate Describes media strategies currently employed by the organization, including on social media, but description is cursory or does not provide illustrative examples Does not describe the media strategies employed by the organization 6 Communication Strategies: Promoting the Brand Meets “Proficient” criteria and provides keen insight into ethical considerations of communication and media strategies of brand promotion by sport organizations Explains ethical considerations the organization takes into account in its communication and media strategies when promoting the brand, supporting explanation with specific evidence Explains ethical considerations the organization takes into account in its communication and media strategies, but explanation is cursory, contains inaccuracies, or is not supported with specific evidence Does not explain ethical considerations the organization takes into account 6 Communication Strategies: Promotes Volunteerism Meets “Proficient” criteria and provides keen insight into communication and promotion of volunteerism within specific sports organizations Details how the organization engages in outreach with professional networks and fans, including how it promotes volunteerism both internally and externally, and cites specific supporting evidence Details how the organization engages in outreach with professional networks and fans, including how it promotes volunteerism, but details are cursory or supporting evidence is not included Does not detail how the organization engages in outreach with professional networks and fans 6 Communication Strategies: Professional Networks Meets “Proficient” criteria and demonstrates a sophisticated approach to evaluating communication and media strategies of sport organizations Makes reasonable and wellinformed claims about the extent to which the organization is building professional networks using specific supporting evidence Makes claims about the extent to which the organization is building professional networks, but does not make fully reasonable and well-informed claims using specific supporting evidence Does not make claims about the extent to which the organization is building professional networks 6 Communication Strategies: Engaging Meets “Proficient” criteria and demonstrates a sophisticated approach to evaluating communication and media strategies of sport organizations Makes reasonable and wellinformed claims about the extent to which the organization is engaging fans and encouraging volunteerism using specific supporting evidence Makes claims about the extent to which the organization is engaging fans and encouraging volunteerism but does not make fully reasonable and wellinformed claims using specific supporting evidence Does not make claims about the extent to which the organization is engaging fans and encouraging volunteerism 6 Sales and Marketing: Overall Approach Meets “Proficient” criteria, and examples illustrate a nuanced understanding of how data informs effective sports marketing strategies Describes the overall approach the organization takes in marketing its products and/or services, focusing on how it employs relevant data points in its decision making, and provides examples to illustrate Describes the overall approach the organization takes in marketing its products and/or services, but does not focus on how it employs relevant data, or does not provide illustrative examples Does not describe the overall approach the organization takes in marketing its products and/or services 10 Sales and Marketing: Key Consumer Demographics Meets “Proficient” criteria, and examples illustrate a nuanced understanding of how data informs effective sports marketing strategies Identifies the organization’s key consumer demographics, describing how they are targeted in marketing efforts, and supports description with data Identifies the organization’s key consumer demographics, describing how they are targeted in marketing efforts, but response is cursory or not supported with data Does not identify the organization’s key consumer demographics 10 Sales and Marketing: Sales or Other Fundraising Goals Meets “Proficient” criteria, and conclusions are especially supported by cited data Provides the organization’s sales and other fundraising goals and determines how successful the organization has been in achieving the goals, using data to support conclusions Provides the organization’s sales and other fundraising goals, determining how successful the organization has been in achieving the goals, but response is cursory or not supported by data Does not provide the organization’s sales or other fundraising goals or determine how successful it has been in meeting those goals 10 Conclusion Meets “Proficient” criteria and demonstrates deep understanding of the key factors that contribute to the overall health of sport organizations Makes reasonable and wellinformed claims about the overall health of the organization using specific supporting evidence Makes claims about the overall health of the organization, but does not make fully reasonable and well-informed claims using specific supporting evidence Does not make claims about the overall health of the organization 2 Articulation of Response Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format Submission has no major errors related to citations, grammar, spelling, syntax, or organization Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 2 Total 100%

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Introduction Nike has been chosen for researching in the following paper by me because of my level of high brand-loyalty for this organization. The pandemic situation has made the running of branded as well as non-branded organizations to become extremely difficult and impossible for some businesses. The transition in the financial conditions and financial decisions of Nike during this situation of crisis will be interesting for the brand-loyal customers to become aware of. This is because this crisis situation had been a situation of challenges faced by the branded organization. The employee-retention strategies of Nike will be important to identify because there can be aspiring organizations getting motivated to retain employees in pandemic situations in future like Nike. The fulfilling or not fulfilling of customized requirements of customers during the pandemic situation by Nike will be necessary to know for the brand-loyal customers of the organization. There are specific trends of shoes and clothes marketed and promoted for different ages of customers by Nike (Lee et al., 2020). These trends can be important factors for the fluctuations in the financial position of Nike. The business environment of Nike is filled with branded competitors for which the maintenance of consistency in high levels of quality of the Nike products can be important (Lee et al., 2020). There is presence of intense level of competition in the sports apparel, sports footwear and sports accessories industry in which Nike operates. Product-safety as well as durability of every product manufactured by the organization can be considered to be most important for the organization and its customers (Waymer & Logan, 2021). There is uniqueness in the design of the logo, tagline and types of products manufactured specifically for fitness (Lee et al., 2020). The activities associated with the production of the products of Nike are outsourced to diversified companies in international locations (Lee et al., 2020). The mission of the organization is to ensure that every customer is offered with products filled with technology considered to be of cutting-edge quality (Waymer & Logan, 2021). There is inclusion of all ages of customers by Nike to design and produce products (Waymer & Logan, 2021). That is why every customer of every different age can trust Nike to offer him