SPMA 1P92 Lecture Notes - Lecture 1: Canadian Olympic Committee, Hockey Canada, Nonprofit Organization
9 Dec 2016
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Document Summary
Separate legal status- adaptable to large and small businesses. Shareholders/board of directors: liable for risks (taxes/losses) Hierarchy of authority (who reports to who) Formal rules and procedures (bylaws and procedures) Is a group of people working together to accomplish goal(s) related to providing some sport-related product and/or service. Hockey canada: non-profit organization because there is no owner and the money does not go towards the employees but to the development of the programs. Golf and country club: commercial sector because shareholders own it. Sport canada: public organization, funded by the government. Canadian commonwealth games: non-profit because of its connection to the. Receives funding and it goes to funding programs (ex: queen. Brock athletics: quasi-public sector because there are elements of both non-profit and public sectors. Bc lions place and vancouver whitecaps: commercial sector, publically owned. Money is funded to help improve the development of sport in a country. Using sport to improve the quality of life for everybody.
