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HADM 3030 Club Management Final Exam
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HADM 3030 Club Management Final Exam Private membership clubs, as defined in class, are part of the 1.5 million tax exempt, non-profit organizations in the US. True or false? - ✔✔true College ... graduates as a whole volunteer __________ than American citizens without college degrees. (more or less) - ✔✔more The first clubs in the United States were generally _____________ clubs, founded in the early 1800s. - ✔✔commerce What are the 5 characteristics of a distinctly private club? - ✔✔1) Have a location 2) Have a manager 3) Are not-for-profit 4) Have a selective membership process 5) Are not open to the public What are the three most common sports facilities in country clubs? - ✔✔golf, tennis, and pool Clubs owned by their members are called __________ clubs. - ✔✔equity Clubs owned by management companies/developers are called ____________ clubs. - ✔✔proprietary What are the three most common types of club membership? - ✔✔regular/full, junior, and nonresident ___________ members have the most rights and privileges, including full access to club facilities, the right to vote at annual meetings, the right to serve on the board and hold office, and the right to sponsor new members. - ✔✔Regular/full A club's governors/directors are elected by the ____________ at the club's annual meeting. - ✔✔membership The club's board _________ the club while the club's general manager _________ the club. - ✔✔governs; manages About how many country clubs are there in the US? - ✔✔6,000 About how many city clubs are there in the US? - ✔✔2,000 Who is at the top of a club's organizational structure? - ✔✔members What is thought to be the most effective number of board members? - ✔✔7 What are the three LEGAL duties of the board of directors? - ✔✔duty of care, duty of loyalty, and duty of obedience What is the duty of the board of directors that is NOT legally enforced? - ✔✔duty of confidentiality Duty requiring one to be prudent and prepared in issues that may impact others. - ✔✔duty of care Duty requiring one to avoid conflicts of int [Show More]
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