Production is a process in which economic resources or inputs (composed of natural resources like land,
labour and capital equipment) are combined by entrepreneurs to create economic goods and services
(also referred to as outputs or products).
1. Question: Justify that managerial economics applied in decision
making? How managerial economics is related different disciplines?
Managerial economics is economics applied decision disciplines:
Managerial economics is a science applied to decision mak
Review the ESPN article Greatest Hits, In the Palm of Your Hand, located on your student
Web page, for an example of how technology can enhance sport.
Review the ESPN article Advance Scouting Makes Spying Unnecessary, located on your
student Web page, for
Review the definition of commercialized sport on p. 137 as well as the Week Six Electronic
Reserve Reading for examples of how commercialized sport may exploit athletes.
Perform an Internet search to locate two other examples of commerciali
Resources: Appendix F
Read Case 8-3 on pp. 157158 of your text.
Answer the questions at the end of the case study regarding whether Danny violated ethical
values at each competitive level of sport.
Address whether Danny was also exploited because of his a
Resource: Appendix E
Review the scenarios in Case 6-4 (pp. 103-104) and Case 7-4 (pp. 132-133) of your text.
Describe the nature of the ethical dilemma in each case study regarding eligibility or elimination
Post a response in 200 to 300 words t
Resources: Appendix D
Select one of the children in the Sports Illustrated for Kids article Kids Speak Out.
Assume the role of a coach or parent to the selected child.
Write a dialogue between that child and yourself (as the coach or parent) regarding the
Write four moral principles with which you want to or are trying to live your life.
Write an exception to each principle.
Explain your choices.
Address the following: How difficult was this task for you? Explain your answer.
Write four moral principles, a