What role do players families agents entourages and posses

Assignment Help Marketing Management
Reference no: EM133711229

Assignment: Social Science- Analysis- The Effects of Social Class and Power on Sport

Americans are divided according to economic class, with each class possessing different material goods, income levels, inheritances, educations, work descriptions, and influence over others. Regardless of how we define or divide these classes, each experiences real differences in opportunity. Social class is defined as a category of people who share similar positions in society based on the aforementioned divisions.

A part of the American dream has always been the ability to enhance one's social or economic status in life through hard work and discipline. Sports provide an opportunity to improve social and economic status through success on the playing field. A typical example to illustrate social mobility through sport is that of football or basketball players who come from low-income families, make their way to the professional level, and sign million-dollar contracts leading them to join the upper class of society. Interestingly, within a few years of retirement 80% of former NFL players and 60% of former NBA players are broke (Coakley, 2016).

With this in mind, and based on your sports interests and career goals, research this phenomenon and discuss how this can happen to high profile athletes. What can athletes do during their playing careers to prevent this occurrence? What role do players' families, agents, "entourages" and "posses," or others play in millionaire athletes going broke? Use specific examples as needed.

Reference no: EM133711229

Questions Cloud

What are relationship between equipment quality : What are relationship between equipment quality, maintenance, and economic benefits in China's industrial restructuring
Determined in the search-and- matching framework : search-and-matching framework is via Nash bargaining.A second conventional view on how wages are determined in the search-and- matching framework
What can cause the above situations? provide an example : Identify at least one factor that has caused the supply curve to shift for that product or service. Identify at least one factor that has caused the demand
Patient is currently on atorvastatin and lisinopril : A patient is seen for evaluation for memory changes following a stroke. Patient is currently on Atorvastatin (Lipitor) and lisinopril (Zestril).
What role do players families agents entourages and posses : What role do players' families, agents, entourages and posses, or others play in millionaire athletes going broke? Use specific examples as needed.
Explain how gross domestic product is calculated : Explain how gross domestic product is calculated using the income approach and the expenditure approach. Compare the classical economic theory that was used
Describe the agency practices and attitudes : Describe the agency's practices and attitudes that place it at its current place on the continuum.
Why does investment vary more than consumption from year : Why does investment vary more than consumption from year to year?
Which means they comprise one-third of the total population : The number of U.S. residents older than 50 reached 100 million in 2011, which means they comprise one-third of the total population.

Reviews

Write a Review

Marketing Management Questions & Answers

  Prepare a cash flow forecast for audiofile

Required: Prepare a cash flow forecast for AudioFile for the month of January 2017. Include appropriate supporting schedules

  Present a training session to your audience

Present a training session to your audience members designed to improve their communication in the workplace.- Presentation must contain information reflecting relevant industry standards and/or academic knowledge about the topic.

  The relevance of sponsorship in global marketing strategy

What is the relevance of sponsorship in global marketing strategy?- Analyse a win-win example of sponsorship strategy.

  Describe each tactical business goal

Create a KPI-driven business process plan worksheet. 1. Describe each tactical business goal (specific to customers, leads, and sales).

  How might you motivate frontline workers to use information

Give five reasons research objectives must be established before customer research is conducted. Why are both qualitative and quantitative research methods need

  Develop a consumer behaviour report

You are required to develop a Consumer Behaviour Report for the Managing Director of one of the following brands: APPLE.

  In which stage the consumer buying decision process

Marketing Principles - Consumer Decision Process, In which stage of the consumer buying decision process are each of the following people?

  What conditions would you recommend a retailer adopt

What is the difference between the personalization and the standardization approaches for providing customer service? Under what conditions would you recommend

  Value chain and the holistic marketing orientation

How would you structure a marketing plan to incorporate some of their concepts

  Explain xml technology

Explain XML Technology and Find two examples of XML technology being used by corporations today

  What is Capital Budgeting

The Goals of Capital Budgeting,Accounting Flows and Cash Flows,Ranking Investment Proposals,Reinvestment Assumptions,Long-Term vs. Short-Term Financingr

  Compare and contrast outsourcing and offshoring

Many companies have conducted a cost benefit analysis and have found that it is more efficient to outsource certain tasks. Compare and contrast outsourcing and offshoring

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd