Hwk 2 Day 2 Reflection

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  • 8/12/2019 Hwk 2 Day 2 Reflection

    1/3

    B BUS 373 Cost Accounting

    Homework 2: Reflection Exercise on Day 2DUEATTHEBEGINNINGOFCLASSONDAY3

    Doogar Page 1 of 3 Spring 2014

    In class on Day 2 you heard commentator Frank DeFords views on paying college athletes and discussedthe following hypothetical scenario:

    Your team has been asked by the Student Government to prepare a report on a proposal that the UW pay

    its student athletes a fair wage. In this reflection exercises, you are posed tenreflection tasks.

    Task 1. Discuss the overall approach your report should take to be maximally informative to anyone who

    would have to vote on the proposal.

    Task 2. Identify the key issues you believe the report should touch upon to be useful to the voters.

    Task 3. Identify two or three potential definitions of PAYthat could plausibly be used for the purposesof your report.(Here you should just provide a definition.)

  • 8/12/2019 Hwk 2 Day 2 Reflection

    2/3

    B BUS 373 Cost Accounting

    Homework 2: Reflection Exercise on Day 2DUEATTHEBEGINNINGOFCLASSONDAY3

    Doogar Page 2 of 3 Spring 2014

    Task 4 What message would you be sending by using each of the definitions provided above?

    Task 5. Identify your preferred definition, justifying your choice.

    Task 6. Besides definitions, what principal conceptualchallenges will you face in doing the cost benefit

    analysis for the proposal?

    Task 7. Besides definitions, what principal datachallenges will you face in doing the cost benefitanalysis for the proposal?

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    B BUS 373 Cost Accounting

    Homework 2: Reflection Exercise on Day 2DUEATTHEBEGINNINGOFCLASSONDAY3

    Doogar Page 3 of 3 Spring 2014

    Task 8.(Stretch task 1) Suppose your analysis shows that each of the two revenue sports (basketballand football) generate a surplus. Should the proposal to pay student athletes pass, after accounting forany additional compensation paid to student workers directly associated with the basketball operations,that sport would no longer contribute a positive surplus to the overall athletics department budget. The

    athletic director, who is a no-nonsense pragmatist, has announced that should this be the case, he will

    have no choice but to shut down the basketball program. How would you advise the President of theUniversity to evaluate the ADs position?

    Task 9.(Stretch task 2) Besides financial considerations, as embodied in your cost -benefit analysis, are

    there other important considerations that you would advise the President of the University to take intoaccount when deciding whether to pay student athletes?

    Task 10. (Stretch task 3) Is the current system of college athletics truly immoral, as DeFord suggests?Why or why not? Is the comparison to the pre-agency baseball days appropriate? Why or why not?