1. Chapter 02: Sports and Entertainment Means Business
Concept Map of Unit
Process of business concepts for sorts and entertainment
Key Learning(s)
Understand the business of sports and entertainment
Unit Essential Question
How are business concepts displayed in sports and entertainment?

2. Student Learning Map - LEQs
Sports and Entertainment Economics
Risk
Management
Business
Ethics
Financial
Analysis
Lesson Essential Question(s)
How can profit motive be an advantage and disadvantage within a business?
What are large sources of revenue for the film industry?
How does economic utility help the consumer?
What are the categories and classifications of risk?
What is meant by a controllable risk?
What are the four strategies for risk management?
What is ethics?
How does a person’s character develop?
What is the impact of unethical behavior?
How can the bad behavior of celebrities be controlled?
What are three sources of funding and revenue for sports and entertainment businesses?
What four tools are used for financial analysis? How?
What is the purpose of a forecast?

3. Student Learning Map - Vocabulary
Sports and Entertainment Economics
Risk
Management
Business
Ethics
Financial
Analysis
Revenue
Profit
Profit motive
Economic utility
Economics
Macroeconomics
Microeconomics
Liable
Risk management
Premium
Risk retention
Character development
Principles
Return on Investment (ROI)
Budget
Financing
Forecast
Assets
Balance sheet
Income statement
Liabilities
Net worth