Case Study

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Case StudyFacts: National Baseball is performing better economically under the management of Selig. Evidence exists of tougher antidrug measures that have put the game on a disciplinary course. Moreover, the revenues generated over the tenure of Selig depict massive growth compared to previous years. There has been prolonged peace in labor relations. America has also taken the lead in the production of worldwide stars in the game. Assumption: Most of these data could be inaccurate because they are generalized.

This scenario narrows down to the question whether the existing facts are adequate indicators of economic growth to counter Miller’s claims. The case revolves around differences in terms of measuring economic performance, which is central to this course.

The role of baseball in America’s economy

The Keynesian school of thought comes to play in this case. It presupposes that self-interest does not lead to long-term macro-economic development and neither does it lead to short-term macroeconomic stability.

Growing the fan base was the main strategy for implementing this school of thought. The fan base grew due to reformist policies such as anti-drug tests and intensive media campaigns on the website. These strategies are focused on the public policy purpose. The management was keen on winning public trust and confidence in the game before any other goal.

The threats posed by the strategy include dilution of game standards and player demotivation. However, if the game standards are kept high, baseball will forever stay on the path of revolution. The challenge involved is the extensive costs of campaign to win the hearts of fans.

The fan base and revenue have escalated through the years because of the economic policy employed. However, the pace at which these achievements came implies that more should be done to get the ideal results. Probably this is what Miller wanted, though pushing for it from a different angle. The achievements are way below expectations.

Selig should balance demand and supply. Supply here means the quality of the game and the performance of the national team. The equilibrium point is safer than the higher target. Moreover, it is stable and immune to economic hurdles. The government should reconstitute the management of baseball to incorporate divergent managerial views. Fans approach the game with different perspectives, and this should reflect in the management.