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2.01 Apply ethical principles to the industry.

2.01 Apply ethical principles to the industry. Ethics. Recognizing the difference between right and wrong, then choosing what is right. Guides how an organization behaves. Subjective. Social Responsibility.

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2.01 Apply ethical principles to the industry.

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  1. 2.01 Apply ethical principles to the industry.

  2. Ethics • Recognizing the difference between right and wrong, then choosing what is right. • Guides how an organization behaves. • Subjective

  3. Social Responsibility Dictates that corporations must be responsible, active and positive members of society.

  4. Ethical Practices & Codes of Conduct • Organizations must be above reproach and hold themselves to high standards. • Codes of conduct: regulations regarding worker conduct • Codes of conduct improve: -public perception -business operations

  5. 2.02 Interpret legal issues pertaining to sports and entertainment management.

  6. Title IX • Federal legislation that dictates universities are required to provide equal opportunities for both men and women’s sports. • No one will be denied the opportunity to participate in sports based on gender. • Institutions receiving federal dollars must comply.

  7. Americans with Disabilities Act • All public facilities must be reasonably handicapped accessible.

  8. Sherman Antitrust Act • Federal legislation to protect industries from having one competitor that discourages competition within the industry. • MLB is the only branch of sports identified as exempt from the Sherman Antitrust Act.

  9. Occupational Safety and Health Administration Sets standards to protect employees from being injured on the job.

  10. 2.03 Discuss personnel issues.

  11. Organizational Charts • Designed to illustrate the chain of command and hierarchy within an organization. • Employees • The face of the organization. • Decisions and actions should reflect the company. • Organizations should have: • Benefits and compensation • Collaboration • Communication • Internal rewards • Training and professional development

  12. Athletes and Entertainers • Seek to make themselves a brand • Consumer buying may be influenced by the endorsers of a product. • Agents represent athletes and entertainers in negotiations. • Agents are paid a percentage of earnings. • Handlers are used to deal with difficult clients.

  13. Athletes and Entertainers (continued) • Contract disputes with management often result in negative connotations from the media. • Collective bargaining can be used in most sports with the exception of MLB.

  14. Collective Bargaining (continued) • Collective bargaining gives players the right to organize, use the agent of choice and protect themselves. Also includes: • A minimum salary • Player’s rights • Medical disability insurance • Labor rules • Length of contract • Restrictions of certain activities or behaviors. • Rules for agents • Player and team travel

  15. Free agency allows players to explore options to another team with little or no financial penalty. Higher player/personnel costs result from bidding wars for certain players. Salary caps limit the amount a team may spend on contracts. Less profitable teams are protected from continual losses. A luxury tax is paid by teams that exceed the salary cap in the NBA and is split between less profitable teams. Free Agency & Salary Caps

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