How does investing in new geographic areas increase sports academies' profits?
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Investing in new geographic areas can enhance sports academies' profits by diversifying revenue sources and tapping into different markets, thus spreading risk more effectively . This strategy allows portfolio managers to track geographic risk more accurately, leading to potentially higher returns. Moreover, expanding into new regions can attract a broader range of athletes, coaches, and the general public as customer segments, increasing the academy's market reach and potential for revenue generation . Additionally, globalization impacts education and training institutions, including sports academies, by influencing dimensions like administration, finance, technology, research, and instruction. While academic staff may expect certain effects from globalization, they may not entirely observe them, indicating potential areas for improvement to align with global trends and maximize profitability .
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| Papers (5) | Insight |
|---|---|
| Investing in new geographic areas can increase sports academies' profits by attracting diverse customer segments, such as athletes, coaches, and the general public, enhancing the academy's value proposition. | |
| Investing in new geographic areas increases sports academies' profits by tapping into diverse talent pools, expanding market reach, and potentially attracting higher-value transfers, enhancing financial returns. | |
| Not addressed in the paper. | |
1 Citations | Investing in new geographic areas can potentially increase profits for sports academies by tapping into broader markets, attracting more students, and diversifying revenue streams, as influenced by globalization effects. |
| Not addressed in the paper. |
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