Week 16 (Final) Flashcards

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1
Q

Facility Management

A

The art and science of managing a facility to
help meet the facility’s objectives, goals, and
mission

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2
Q

Triangle Frame

A

s

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3
Q

4 Responsibilities of Sport Facility Managment

A

Philanthropic
Economic
Legal
Ethical

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4
Q

Economic

A

To produce goods and services that society desires and to sell them at a profit
» Profit maximization
» Strong competitive position
» High level of operating efficiency

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5
Q

Legal

A

To perform in a manner consistent with expectations of government and law
» Comply with various federal, state, and local regulations
» Be a law‐abiding corporate citizen (at least meet minimal legal requirements)

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6
Q

Ethical

A

To perform in a manner consistent with expectations of societal mores and ethical norms.
» respect new or evolving ethical moral norms adopted by society
» go beyond mere compliance with laws and regulations

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7
Q

Philanthropic

A

To perform in a manner consistent with the philanthropic and charitable expectations of society.
» assist voluntarily those projects that enhance a community’s “quality of life.“
» be a good corporate citizen

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8
Q

Difference between Philanthropic and Ethical

A

Philanthropic is to perform in a manner consistent with the philanthropic and charitable expectations of society

Ethical is to perform in a manner consistent with expectations of societal mores and ethical norms

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