Sports management milestone

SPT 111 Milestone Two Guidelines and Rubric Overview: In this assignment, you will explain the impact of marketing strategies within the sports industry and the impact the career has on success. You will also address the financial principles utilized in the sports industry and how they influence your identified career. This Milestone is due in Module Six. Specifically the following critical elements must be addressed:

III. Marketing: In this section, you will examine marketing strategies used within the sports industry and how your chosen career supports them. A. Describe marketing strategies and activities within the sports industry that an individual in this career would be involved in. For example, is this

career involved in social media? Live drafts? Community outreach? B. Explain how this career supports these marketing strategies in navigating industry trends. For instance, how would the career you chose support

strategies surrounding the trend toward mobile technologies? C. Explain the impact this career has on attracting new spectators, investors, and talent.

IV. Finances: In this section, you will discuss the financial principles and business practices used specifically in the sports industry.

A. Describe finance-related business practices and principles that are used within the sports industry. Consider questions like the following: How are ticket prices and salaries set? How are sponsors and naming rights acquired?

B. Explain how these finance-related business practices and principles have impacted profitability within the sports industry. C. Explain which particular business practices and principles you would be involved in with your chosen career.

Rubric

Guidelines for Submission: Your paper must be submitted as a 2- to 3-page Microsoft Word document with double spacing, 12-point Times New Roman font, one-inch margins, and at least three sources cited in APA format.

Critical Elements Proficient (100%) Needs Improvement (55%) Not Evident (0%) Value Marketing: Strategies

and Activities Describes marketing strategies and activities that are relevant to the career

Describes marketing strategies and activities, but strategies are not relevant to the career or discussion is lacking in detail

Does not describe marketing strategies and activities

15

Marketing: Industry Trends

Explains how the career supports the marketing strategies in navigating industry trends

Explains how the career supports the marketing strategies in navigating industry trends, but explanation is cursory or contains inaccuracies

Does not explain how the career supports the marketing strategies in navigating industry trends

15

Marketing: Spectators, Investors, and Talent

Explains the impact this career has on attracting new spectators, investors, and talent

Explains the impact this career has on attracting new spectators, investors, and talent, but explanation is cursory or contains inaccuracies

Does not explain the impact this position has on attracting new spectators, investors, and talent

15

Finances: Business Practices and Principles

Describes finance-related business practices and principles used within the sports industry

Describes finance-related business practices and principles used within the sports industry, but description is cursory or contains inaccuracies

Does not describe finance-related business practices and principles used within the sports industry

15

Finances: Profitability Explains how the finance-related business practices and principles have impacted profitability within the sports industry

Explains how the finance-related business practices and principles have impacted profitability within the sports industry, but explanation is cursory or contains inaccuracies

Does not explain how the finance- related business practices and principles have impacted profitability within the sports industry

15

Finances: Career Explains which business practices and principles are relevant to the selected career

Explains which business practices and principles are relevant to the selected career, but explanation is cursory or contains inaccuracies

Does not explain which business practices and principles are relevant to the selected career

15

Articulation of Response

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

10

Total 100%