Sports and Entertainment Marketing ISummer 200352
3.00 ProjectSTUDENT INSTRUCTIONSProcedures:
1. You will be evaluated on the competencies listed below. Be very familiar withthem and develop them in your presentation.2. You may use notes, but only those created during your 10-minute preparationperiod.3. You will have 10 minutes to present your role-play.
Competencies/indicators to be evaluated:
1. Describe the basic economic freedoms as part of our free enterprise system.2. Explain the advantages and disadvantages of entrepreneurship.3. Compare sole proprietorship, partnerships and incorporation as forms ofbusiness ownership.4. Explain the advantages and disadvantages of franchising.
You are the owner/manager of an established amusement park at the beach.One of your new employees, Ivan (the judge), is from Eastern Europe and is veryeager to learn more about our economic system. He is a very ambitious, hardworking employee who eventually wants to open his own business at the beach.Ivan (the judge) has been reading on the subject of economics and seems tounderstand basic concepts, but wants to hear your interpretation.Ivan has made a luncheon appointment with you to sit down and “pick yourbrain”. Since your business is successful, Ivan values your opinion and advice.Prepare to orient Ivan (the judge) on our free enterprise system, and forms ofbusiness ownership that can help him become a success in the future.Your event begins when you approach Ivan (the judge).