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Sagot :
Answer:
All of the above
Explanation:
There are various ways money is raised to finance sport activities. This includes:
A. Fundraising
This is used intentionally to solicite and accept monetary gifts, in-kind services, personnel, or materials to aid a sport organization's existing resources.
B. Sponsorships
This is regarded as a two-way exchange(trade by barter) between a sports organization and a business outlets or companies.
In fundraising, funds are obtained donations from individuals. There are some major and minor donors and others. The major donors are individuals who gives large amount to sport activities and these major donors usually have a good reason for their donations such as their interest in the sport, they have someone they are trying to support or other reasons.
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