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What is the difference between short and long-term financial planning? What type of internal and external data should be used? Provide some sport-related examples. What is a pro forma budget? 

Which of the following is a psychedelic (hallucinogenic)  drug?

How has the rise of digital platforms and e-commerce reshaped international trade, and what are the implications for traditional businesses and new business ventures being built in this digital  / AI environment?   Give some examples.

Which Major League Baseball team had the lowest team salary amount in 2023 at $40.93 million?

What is the purpose of a business audit? Describe the major types of audits. What is the best type of audit result a business can obtain? Describe how sports fraud can occur with sloppy financial analysis.

What are capital stocks? Describe the rights of a stockholder and how stocks are issued. Describe the similarities and differences between common stock and preferred stock.

 From our topics, identify and thoroughly describe three major financial issues in sports today.  Are the issues that you have identified global issues or issues that just pertain to the United States? What solutions can you offer for the issues you have identified? Your response should be specific and thorough. These are not simply “yes” or “no” types of questions; they require an elaborate and critical analysis of the topic. 

What are red flags? Describe the techniques that can help spot financial trouble. How can a troubled business be reorganized? Compare the types of bankruptcies that are available. Describe the process or steps of selling a business.

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