Business Finance : Budget Policies

v Post Discussion: Budgeting Policies

In chapter 14 of the text, the author discusses a number of different policies that schools can become engaged with and that can impact a budget that the athletic director develops. Examples include:

  • Pay to play
  • Booster clubs
  • Corporate sponsorships
  • Gender equity assurance policy
  • Fund-raising policies
  • Travel policies
  • Uniform rotation policies
  • Marketing and “giveaways”

Using the information provided in the text, along with the required studies, discuss what you feel are essential elements that should be included in a department policy for at least four of of the different topics found in the text. Include a discussion of potential benefits and possible unintended consequences that can affect an athletic department regarding these issues.

Support your statements with evidence from the required studies and your research.

Answers

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