[SOLUTION] Impact of COVID-19 on Financial Issues in the Sport Industry
In this assignment, you will consider the impact of COVID-19 on financial issues in the sport industry. In 2-3 pages (500-750 words), discuss what the most significant impacts of the pandemic on the ways that sport organizations are financed and managed. Some questions that you might consider: · What should sport organizations do to maintain financial stability and prepare for future growth? What should they stop doing? · What are opportunities to monetize innovations prompted by the pandemic? · What aspects of the sport industry will thrive in the new landscape? What segments of the sport industry will fail? · How will changes in consumer needs and preferences affect the ways in which we finance the sport industry? The above list is not comprehensive. You may choose to answer one of these questions, a few of these questions, or none of these questions. The key is to integrate the information shared by industry experts with your own thoughts and the knowledge gained over the course of the last five weeks.
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