From a Purely Functionalist Perspective, Sports Teams

question 15

Multiple Choice

From a purely functionalist perspective, sports teams

• A)divide the community and benefit team owners.
• B)foster a sense of belonging to a school, city, or country associated with them.
• C)direct fans' attention away from the real issues a city faces.
• D)are ultimately a drain on the economy.

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Definitions:

Incremental Costs

Additional costs that will be incurred due to a particular business decision.

Project Analysis

The process of evaluating the viability and potential return on investment of a project before committing resources to it.

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.

Cash Flows

Refers to the net amount of cash and cash-equivalents being transferred into and out of a business.