This website uses cookies to ensure you have the best experience. Learn more

Sports Franchise Essay

628 words - 3 pages

Introduction
Today, sports play an important role in the culture of the United States. The local cultures like social systems, religion, manners and traditional practices, values and attitudes, language, and personal interaction are considered as the important factors when expanding the sports franchise across the borders. The U.S. sports franchises must provide good quality products and services in order to gain popularity in international market. Anyhow, this paper will focus on the importance of cultural factors in U.S. sports franchises and their products in international market, and government role in protecting sports industries.
Cultural Factors
There are some ...view middle of the document...

S. sports franchises must adopt domestic culture to impress local citizens. They can make their products more appropriate by constructing a strong sports teams or training individual sports person with a dedication of winning almost every cup or medal in a competition. When that person or team success, the share of the franchise increases in the stock market and the franchise’ can sell their products in domestic and international market. Another best way for franchises to make their products more appropriate in the global market is by organizing different types of sports tournaments in different parts of the world and opening training institutes in other nations. Also franchises can obtain popularity and impress people at international market level through celebrity or famous athlete’s advertisements. (Fass, Allison, 2000).
Government Role in Protecting Industries
To protect the domestic sports franchises, both state and federal government should impose the tariffs on imported products. By doing this the imported products will become more expensive in the domestic market then...

Other Papers Like Sports Franchise

Glo Market Essay

936 words - 4 pages Global Market    1                 The Global Market Susangail Hoffman What cultural factors must U.S. Sport Franchises overcome to increase popularity abroad? John V. Thill Bovee Devry University Professor Laureen Pasquarella Intro to Business Technology Global Market     2 What cultural factors must U.S. sports franchise overcome to increase popularity abroad? Culture symbolizes a shared system of beliefs,attitude,values

Business Laws Essay

1121 words - 5 pages contribute capital but have limited and assume no active role in day-to-day business affairs” (Types of Business Entities, 2004). The corporation veil cannot be pierced if there is a lawsuit. This will protect the owner’s assets. Miriam, the silent partner, will keep the other partners form facing legal liability. The sports bar will need liability insurance for negligence that could be caused by a customer being injured in the bar or someone

Entrepreneuship

1426 words - 6 pages least six stores scheduled to open soon, and they have recently signed the Master Franchise Rights for Australia. The first Australian store is also scheduled to open soon. The Takapuna Pita Pit has embedded itself with its local environs and used varying types of engagement to both promote the brand and the links it has with its local community. The Pita Pit already delivers lunches to local school, sports teams and community group; and

Sports & Money

1176 words - 5 pages easily said that money is crucial to sports, in several, if not all aspects of it. A large amount of financial backing is needed to develop a sporting franchise and sustain its successful status. With a large financial resource, training facilities can be revamped and improved, changes made to the organisation and structure of the sport while expensive technology can be brought in to enhance the performance of the sportsmen or any machines

Busn 115 Week 1 Essay

726 words - 3 pages BUSN 115 In order for U.S. sports franchises overcome to increase popularity abroad many franchises to market research. Market research is The process of gathering, analyzing and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present and potential customers for the product or service; research into the characteristics, spending habits, location and needs of your

Analytical Essay

1567 words - 7 pages updated and not run-down. The outward color of forest green is distinct from all other stores, and is carried through the entire store which makes shoppers associate this color with the Dick’s franchise. Sports Authority on the other hand is viewed as weary and worn-out in the way they look on the outside. The colors of red and white that are used are not distinguishable because they have been used before in stores such as target. Most of the

Large Salaries of Pro Athletes Negative Effects on Athletes and Sports

1612 words - 7 pages Large Salaries of Pro Athletes Negative Effects On Athletes and Sports Abstract This paper will explain the effects of the luxury contracts of athletes on sports as well as the athlete. The debate is whether the effect is a negative effect or not. This paper will aim to show how the contracts of athletes have changed significantly over time. It will also show how the pro athlete affect the sport of college in different aspects and if

Buisness Planning Executive Summary

3653 words - 15 pages interest. The enabling technology is the benchmark for Take Five. Advertising budgets and sports event promotion is an on-going process of management geared to promote the brand name and keep Take Five at the forefront of sports theme establishments in each local marketing area. In addition, funds are budgeted to launch franchise sales activity and lead generation. These funds amount to 20% of projected franchise sales. 4.2 Sales Strategy The

The Boston Celtics

1399 words - 6 pages I decided to evaluate the organizational structure of the Boston Celtics, which is a professional basketball franchise whose team is a member of the NBA. The NBA is a professional basketball league in the United States and Canada that consist of 32 teams. I choose the Boston Celtics because it is one of the most recognizable franchises and logos in all professional sports. With 17 NBA championships, the most of any NBA franchise and

Indian Premier League Cricket

4389 words - 18 pages popularity to a new high. Kingfisher Airlines will present the DLF IPL umpires in a completely new and modern style while retaining their critical role in the sport.” Earlier Leading sports broadcaster Sony Max & World Sport Group had bagged DLF Indian Premier League’s global media and production rights for USD $ 1.026 billion. The exclusive Franchise rights for the eight city league were won by ShahRukh Khan’s Kolkata Knight Riders, Preity Zinta’s

Week 2 Homework Assignment: What Cultural Factors Must U.S. Sports Franchises Overcome to Increase Popularity Abroad? Why? How Can Franchises Ensure Their Products Are Appropriate for International...

724 words - 3 pages Jenell Obie Nov. 9, 2014 Professor Daryl Fields Homework Assignment #2  Sports are very important part of the culture of the United States. When planning to expend a U.S franchise overseas, you need to think of all the factors of local cultures and have a plan to be able to overcome those factors to increase popularity abroad. To be able to attract new athletes, you must understand the cultural differences of their countries. So when taking

Related Essays

Determinants Of Value For Prospective Major League Baseball Franchises

3062 words - 13 pages scholarly interest in the topic. Sports franchises are also interesting from an economic perspective because their business models are so unique. The profitability of franchises often hinges upon intangible assets which are difficult to quantify. As a result, econometricians must use creativity in attempting to identify variables which affect franchise values. This challenge has made professional sports an attractive area for economic modeling.While

Stirling Sports Essay

743 words - 3 pages held by management and staff for their products, service and the specialist knowledge they provide. Stirling Sports is the one of the New Zealand leading retailers of sporting goods. Stirling Sports has a huge range of sports clothing and mens and womens shoes, supporter gear and more. In 2004, Russell and Sue became aware of an opportunity to purchase the Stirling Sports Dunedin area franchise and made the decision to buy within a week. Since

Bringing Sports Overseas Essay

779 words - 4 pages need to conduct a series of market testing to gather the appropriate information about specific countries and how they feel about new sports being introduced. These observations can include a series of survey question which can be compared the sports styles Americans enjoy versus the sports that other countries prefer. Conducting research about your target audience is the only way to get them to actually care about the franchise. In Europe where

Nba Persuasive Speech Wa State

1581 words - 7 pages : This topic should be of concern to all of you and tonight I will explain why through documented statistical evidence. My research will show why it is unreasonable for a professional sports franchise to ask the taxpayers to pay for their playground through our hard earned tax dollars. II. Need: A. Proponents of sports facilities have tried to justify public spending on these projects with the claim that they enhance redevelopment in