SECTION A (Short Answer) 1. What is an advantage of having a large number of board members? 2. True or false: A sport with separate governing bodies at a national, regional, and local level is an example of the Federation model of governance. 3. What is a reason a Board of Directors may not engage in strategy? SECTION B (Short answer questions - one paragraph) 1. Financial fraud was discussed in week 5 of the course. Explain the common reasons financial fraud may happen in a sport's organisation, and procedures used to minimise the risk of fraud occurring. 2. Explain the role of player associations and explain why you believe they are either good or bad for sport. SECTION C (Essay Questions) 1. The 'big 4' professional sports in North America are structured with elements of 'competitive balance'. Explain what is meant by competitive balance, and use specific examples to explain how this notion is not seen in the English Premier League (EPL). 2. Explain how ethics is related to the role of sport governance and how a Board of Directors can foster ethical behaviour within their organisation or sport.