1. The two most recent regulations in international sport have been to permit sponsorships and participation of professional athletes. Have these been positive or negative for international sport? Why?
2. Explain what you understand "strategic management" to be. In other words, how would you explain the term "strategic management" to someone who doesn't know what the term means?
3. In your own words define operations management. Provide an example of operations in both a manufacturing (goods) and a service business environment to demonstrate your understanding of the definition.