Sports Management Section 3 Review

______________ is the exercise of power within organization that provides the system by which the elements of organizations are controlled and directed.

• Autonomy

• Governance

• Management

• Strategy

_____________ theory of governance states that shareholders interests should rank the highest in decisions concerning the operation of an organization.

• Agency

• Institutional

• Resource Dependence

• Network

Which of the following is NOT one of the external governance theories we discussed in class?

• Agency

• Institutional

• Resource Dependence

• Network

_______________________________ theory emphasizes thee idea that we must understand how organization relates to environment before we can understand

• Agency

• Institutional

• Resource Dependence

• Network

_____________________ consists of member associations who vote and work with board to create a successful sporting environment.

• Board of directors

• Middle staff

• Volunteer board

• Membership council

________________ are the system for deciding between right and wrong in a reasoned and impartial manner.

• Contracts

• Ethics

• Ideas

• Rules

_________________ is the procedure where parties agree to to submit their dispute to person or panel who will make an equitable decision based on the case materials.

• Arbitration

• Collective Bargaining

• Negotiation

• Reflection

A _________________ is a binding agreement between two or more persons or parties.

• Article

• Contract

• Document

• Memorandum

TRUE OR FALSE:

Nonprofit involves a larger number of participants and therefore governance is needed to maintain the processes of the organization

• True

• False

TRUE OR FALSE:

In the federated legal system there is no structure for maintaining separation between elite and amateur levels

• True

• False