Analyse the ‘Micro-Environment’ and ‘Financial Health’ of a professional sports team/club (of your choice) by completing the following tasks: Introduce your team/club Saracens Rugby Club What is their primary sport? What is the team/clubs approximate relative value/worth? What league do they represent? Is it private or public owned? Where are they located? 300 words Outline the business objectives (annual review you can find this on Forbes or Deloitte or official website) and mission/vision (basically purpose of the club is, what do they exist for what are the reasons they function as a club) of the team/club What are the key factors/ objectives or business objectives, what they are there to achieve and try to link that to the financial health of the club. – just some background there. 250 words Provide at least three examples of factors that affect both demand for and supply of this team/club’s product/service Law of supply, the law of demand and influences/factors on that. Influences/ factors on supply for consumers and influences on the demand for organisations. Provide at least 3 examples of supply and 3 examples of demand. From there, expand on those key points and support with research, and tell what you believe are the key influences are and why. 550 words Give examples of the team/clubs competitors and explain the nature of this competition in relation to the market structure theory Clearly, state which market structure the team/club operates within, justify reasons for your answer Talk about the nature of competition in term of the market structure theory. (Perfect competition structure, the structure of monopoly and what impact that has, oligopoly, monopolistic organisational structure) choose a market structure and explain why the team( Saracens) fits in that market. Give examples of whether organisations fit in other aspects of market structure just to support your findings further. 550 words Discuss ONE relevant factor from the macro-environment that potentially affects this organisation Justify your answer with examples 350 words Harvard Referencing Style – Cite Them Right 11th edition Some references Sports Finance and Management Book by Jason A. Winfree; Mark S. Rosentraub; Brian M. Mills 2018 Sport Business in Leading Economies Book by James J. Zhang; Haiyan Huang; John Nauright 2017 The economics of sports Book by Michael Leeds; Peter von Allmen 2015 The economics of recreation, leisure and tourism Book by John Tribe 2016 The business environment: a global perspective Book by Ian Worthington; Chris Britton; Ed Thompson 2018 Economics Book by John Sloman; Jon Guest; Dean Garratt 2018 Economics for business and management Book by Alan Griffiths; Stuart Wall 2011 Economics Book by Stephen Ison 2007 The Oxford handbook of sports economics Book edited by Leo H. Kahane; Stephen Shmanske 2012 Playbooks and checkbooks: an introduction to the economics of modern sports Book by Stefan Szymanski c2009 Finance for sport and leisure managers: an introduction Book by Robert Wilson; John Joyce 2008 port funding and finance Book by Bob Stewart 2015 Frank Wood’s business accounting: 1 Book by Alan Sangster; Frank Wood 2018 The Economics of Professional Team Sports Book by Paul Downward 2000 Every paraphrased sentence has to have its reference.