Management: A Practical Introduction
9th Edition
ISBN: 9781260075113
Author: Angelo Kinicki, Brian K. Williams
Publisher: McGraw-Hill Education
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Chapter 3, Problem 1FD
Summary Introduction
Case Summary:
NCAA was founded in 1906 to promote amateur athletics. It formulates rules and regulations for various sports and eligibility criteria for them. All the amateurs receive a fair chance to compete. Although corporate sponsorship is not allowed but later in 1987, N sponsored the University of Mi athletic team and became a business partner. Apparel companies benefit a lot from sponsorship. They get access to elite athletic talent and build a reputation for large brand acquisition. Also, sponsors earn lots of money when elite athletes are sponsored and are under nineteen. Assistant coaches are the first recruiters of the athletes. They are the ones who are bribed by sponsors. FBI investigation passed an indictment in which sportswear firms gave bribes to managers and coaches for their assistance in securing future clients. Assistant coaches have been likeliest to do the dirty work. The NCAA exists to protect college athletes and the spirits of amateurism.
Interpretation:
Problem according to federal government’s perspective.
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The Thai government chose to align with Vietnam instead of India in creating the rice price agreement because it believed this move would build its international rice market dominance. By collaborating with Vietnam which exports the world's third-largest amount of rice Thailand can gain better pricing control and solve their joint problem of rising production expenses. Market prices could experience substantial changes through collaborations between Thailand and Vietnam who stand as the second and third-biggest global exporters respectively.
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Management: A Practical Introduction
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