The peculiar economics of professional sports-summary This journal article mainly discuss about the differences in economics terms which used to explain business outcomes or situations in business world compared to professional sports firms.in that the basic proposition it used is called louis-schemelling paradox.in brief it expresses that always a firm will be better off smaller or less important the competition and it will continuously try to reach a situation in which it is the only supplier
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Professional Athletes’ Behavior “Children are going to learn from their role models in their life--- including their sports heroes.” That’s what Sports Psychologist‚ William Gayton featured in ABC News’ article “Study Says Kids Emulate Athletes” by Tracey L. Ziemer‚ has to say on the relationship between kids and their favorite professional athletes. This statement stands true for on and off the field behavior of professional athletes. Now you may be thinking- well my kids knows right from wrong-
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article especially as rewarding and motivation was a topic close to my heart during my HR years. My understanding o the article is that to achieve the desired business objectives and high productivity‚ or to influence certain behaviors in the workplace such as teamwork and professionalism an adequate rewarding system must be in place. Although financial reward is the first thing that comes to mind when we think of rewarding employees‚ it is not the only type and in some cases may not be the best one
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Professional sports in big cities Kentucky is a state known for its college basketball‚ in the past couple of years the University of Louisville has been in the Final Four during the National Collegiate Athletic Association tournament (NCAA)‚ bringing pride and joy to many cardinal fans; but it makes you wonder about the effects of introducing a National Basketball Association team to Louisville‚ which is in fact something city officials are looking to invest in. While there would be some benefits
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Steroids have acted as a highly controversial drug in the past‚ which have been used in many different competitive sports. Many people believe this drug is still in use in some professional sports. This being possible by athletes bypassing the drug tests in order to enhance their performance. What exactly are steroids? Well‚ according to Google definitions‚ they are “any of a large class of organic compounds with a characteristic molecular structure containing four rings of carbon atoms. They
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many years‚ leading to more suffering. CTE leads to irreversible brain damage and other incurable illnesses.Concussions have become common in the sports world today‚ but without the proper treatment may be just as bad as ALS or CTE. These diseases are a serious matter that affect million‚ yet an area that lacks funding‚ both in youth and professional sports. Although athletes are very driven and dedicated for the game‚ safety precautions should
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when somebody watches these professional sports. The game itself when watched seems like polar opposites between the two sports‚ but they actually have a lot in common. When it comes down to it‚ both of these iconic sports are both different and alike. Almost every American has watched the sports of MLB (Major League Baseball) and/or NBA (National Basketball Association) at least once in their lives. Both of these sports are played in a competitive and professional manner. They are both televised
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Should Steroids be legalized in professional sports? Steroids are one of a large group of chemical substances classified by a specific carbon structure. There are several types of performance-enhancing drugs: anabolic steroids‚ stimulants‚ human growth hormone and supplements. The use of drugs to enhance performance in sports has occurred since the time of the original Olympic Games from 776 to 393 BC-2015.The origin of the word ’doping’ is attributed to the Dutch word ’dope‚’ which is a viscous
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FREEDOM‚ A CAUSE for CHANGE Throughout history‚ the restless struggle for freedom has never ceased to be. This is a particularly sensitive issue‚ and we can’t deny that certain nations are ignoring it at a high level. It strikes us‚ nowadays‚ how we can still spot news headlines of public figures getting arrested because they are conceived as a threat to their country. The actual so-called threat is that those people were brave enough to express certain political opinions. Nevertheless‚ today
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Children grow up with all types of role models like actresses‚ rockstars and professional athletes (to name a few). Usually children look up to these talented adults in admiration or envy as they are able to live out the child’s wildest dreams in everyday adult life. However as children grow and mature‚ they begin to realize their dreams aren’t so practical anymore. The kids who wanted to grow up and become actresses or rockstars‚ switch to a more financially feasible dream job‚ such of that as a
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