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In the last decades, an increasing number of clubs, associations, and partnerships behind professional team sports have become business enterprises as well; as regards their

In the last decades, an increasing number of clubs, associations, and partnerships behind professional team sports have become business enterprises as well; as regards their income and number of employees, there are numerous companies managing sports clubs in the medium sized enterprise sector. In order to develop and manage a suitable business strategy, a growing number of sports companies use processes applied in business solutions; the German football team VFB Stuttgart can be seen as an example, being the first in Bundesliga to introduce the Balanced Scorecard method for the definition of strategic directions and process control (IFUA Horvth and Partners, 2004). Required: Identify two metrics or KPI's (Key Performance Indicators) for each of the balanced scorecards four areas for any sports team of your choice.

Please do not copy from the previous chegg answers and if you don't know the answer then don't reply and please the answers should be according to the requirement and should be 500 words

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