Purpose of the NBA
The BAA was founded in 1946 by owners of the major ice hockey arenas in the Midwestern and the Northwestern United States and Canada. Although there had been earlier attempts at professional basketball leagues, including the ABL and the NBL, the BAA was the first to play mostly in large stadiums in big cities. The first game was played on November 1, 1946 in Toronto, Canada. The BAA was the first league to attempt to play mainly in large arenas in major cities. Slowly teams from the NBL started moving to the BAA and then by the 1948-49 season the BAA had taken over the NBL. Then the league name was changed from the BAA to the NBA. Japanese-Americans were introduced in the NBA and then in 1951 the first African Americans were introduced in the NBA. In 1954 the league added the 3 point shot to add the popularity of the sport. Then as more cities started demanding their own team their wishes were fulfilled and now there are 30 teams in the NBA.
NBA grew to meet the wants of cities that wanted their own NBA team. The NBA provided them with their own team and their business grew. From 1966 to 1968 the NBA expanded from 9 teams to 14 teams including Chicago Bulls, Seattle SuperSonics (now Oklahoma City Thunder), San Diego Rockets Milwaukee Bucks, and Phoenix. In 1970 the Cleveland Cavaliers, the Portland Trail Blazers and the Los Angeles Clippers expanding the league to 17 teams. After Micheal Jordan entered in the league the popularity rises and more teams started demanding their own teams. 1988-89 there were now 27 teams in the NBA competing against another. They were competing against the ABA when they engaged in a bidding war for who gets the college sensation Kareem Abdul Jabbar. The NBA won the college sensation Kareem Abdul-Jabbar, but 4 veteran players jumped jumped from the NBA to the ABA.
Functions of Business
Accounting is doing things that are related with the financial side of the business. Three examples of accounting is doing the inventory, making the paycheck for the employees and investing the money to buy resources for the company, Management is managing the company so that it runs smoothly without any hurdles while cooperating with the employees while using the resources they have to make the company work. Three examples of management is making the schedule, deciding which product they are going to launch and deciding where the company is going. Marketing is making sure that the product is the right price that the people will buy it while making sure the people get to know about it. Three examples of marketing is advertising to make people buy the item, posting the item with the price in newspapers and giving coupons to you regular customers. Information Technology is using technology to share the facts with the customers, managing the companies email, software, processing system and hardware. Some examples of information technology is emailing all the employees if there are some news of the company, making sure everything is working. Operations is doing all the behind the scenes paperwork required to complete transactions and found in the service manufacturing sector. Human Relations is hiring and firing all employees, helping employees pursue educational opportunities. The Human Relations has to make sure Subway employees finish the US Food program when it is time to do it. Another example is when a manager decides to fire a person and hold meetings with another person to hire them.