Background: The Craddock Youth Soccer League (CYSL) provides high-quality soccer activities for potential young soccer players, it also held the Craddock Cup which attracted a number of premier high school soccer teams who participated every year. Main issue: CYSL founds that holding the Craddock Cup does not incurred profits and loses more money each year. Alternative 1: Spend an additional $1000 on marketing and advertising, which may attract more teams to come to the tournament, resulting in more income for CYSL from charging higher registration fee. Quantitative Techniques to use + reason: They can use breakeven point to calculate how many soccer teams have to registration for the total revenue to equal the total costs. The breakeven number of soccer team is using CYSL fixed costs divided by contribution margin per team.
TO: Jose Rivaldo FROM: Andrew Troy DATE: October 20, 2014 SUBJECT: The Craddock Cup Introduction Jose Rivaldo is the General manager of the Craddock Youth Soccer League (CYSL). Mr. Rivaldo plays a significant role in running the Craddock Cup. The Craddock Cup is a 32-team soccer tournament for premier high school soccer teams. Mr. Rivaldo and the CYSL is trying to determine whether the tournament is successful in achieving its goal to generate at least $6,000 annually or if the tournament structure should be changed. Mr. Rivaldo has developed four strategies for improving the tournament.
If I write something incorrect or imperfect, please do not be angry at me.) Even though the position of soccer in the United States is lower than American football, it has developed quickly since 1994, the FIFA World Cup American. After the establishing of Major League Soccer (MLS) in 1993, the government and millions of soccer fans paid attention to this fantastic sport. The powerful economic system, stable government, and other factors guarantee the advantage of the US soccer performance in basic analysis. Therefore, SPLISS theory, which contains more details, is the suitable tool for America to assess its status of men’s soccer.
FILE MEMORANDUM PREPARED BY: Eric Hebner DATE: February 16, 2012 RE: Cost and Pricing Analysis for The Craddock Cup PROBLEMS FACED: The Craddock Cup is a high school soccer tournament sponsored by the Craddock Youth Soccer Club. This tournament is generally seen as a success by the participants, spectators, and by the community. When the tournament began the league was expecting a $6000 profit when in actuality the tournament expenses were growing quicker than the revenues. These losses are starting to frustrate the board members and because of this manager Jose Rivaldo may have to cancel the tournament or worst case scenario he could lose his job. FINANCIAL DATA/REFLECTION: The first thing that needs to be looked when looking
9-14-12 Pages 1-2 Suffering a devastating injury to his knee, John Kanan ’14 is forced to deal with everlasting difficulties that impact his athletic career and everyday life. Still today, Kanan has to push through these troubles to be a game changing player on the soccer field. It was the first game of kanan’s sophomore year soccer season; he was a starter on the team playing right midfield when out of blind sight he collided with an opposing player. “I was running as fast as my body would let me”, said Kanan. “The only thing I was focusing on was winning the ball.
One year when both soccer teams were having a good year, Jose would always say that Las Aguilas would end up choking at the end and not even get into the finals. My favorite team proved him wrong for not even his team made it into the finals and they did. In the finals to determine the best in Mexico, Las Aguilas triumphed and took the championship home. I basked in the glory of being able to trash-talk to my friend on how much of a
Lesson Plan Outline Title: Elasticity of Demand Subject: Inelastic Ticket Pricing from La Trobe University Lesson "Inelastic Ticket Pricing" Description/Abstract (2-3 sentences): Many major sports teams tend to price their tickets in the inelastic region of the demand curve, but why is this so? This activity will help explain one of the likely reasons why sports teams do this, the idea of complementarities (a relationship where two factors can improve a specific outcome). Because of complementarities, sports teams are able to make a larger total revenue as they price their tickets in the inelastic region of the demand curve. Materials needed: Calculator White Boards (can be passed out first) Slips of Paper (6 labeled
For some of us seniors this could be the last game that we ever suit up for. Going into the playoffs we were in an unfamiliar position as we were the favorites to win it all, according to the polls. All year we heard that we weren’t disciplined enough to win district, let alone state. The online forums were covered by the fans from Greensville explaining and predicting how bad they would demolish us. This was just extra motivation and we had something
Todi Oyewole Mrs Rohrer English 101 November 20, 2012 Coaching When people watch sports they tend to look past a person who is very important to every team, the coach. Most kids watch football, soccer, or basketball games and get motivated to be athletes but nobody talks about being a coach. Some aspects of a coaching career that might interest people are the pay, the recognition it brings, and the experience and skills needed to be a coach. “The starting pay for a soccer coach is between one and three million dollars” (Thyberg). Although this might not be as much as a player it is more than enough, to support a family and live a good life.
Increasing Minimum Wage The debate of whether or not to increase the minimum wage has much controversy surrounding it, but the facts support an increase. The facts show that the cost of living and inflation quickly erode the value of minimum wage without regular increases in the minimum wage. The people that would be slightly hurt by an increase when compared to the massive amount of people that an increase in the minimum wage would help is minute. Poverty in the United States is a problem that people constantly face, but with a higher minimum wage, poverty would be lessened. The many arguments for an increase in minimum wage clearly show that an increase is desperately needed in the near future.