If you succeed in managing in the game you will feel a sense of real accomplishment, you may not have become a millionaire in real life, but if a real-life event was modeled like the situation in the game you certainly would have. Management is control. The player must be in control of the situation. This is important to keep in mind because many management games have lost their focus with bad interfaces. If the player cannot easily control the situation, or understand the situation they are trying to control then they can not play the game.
Action takes the form of combat between characters, even when turn based.
The adventure aspect is provided by the story of the RPG, which are usually very in-depth. Most RPGs have a high level of management functions the player has to perform. From gaining and wisely spending money to managing what types of characters will be in the party and whom to try to advance first in levels, all of this involves a lot of management skills. Sports Sports games can be a lot of different things depending on the sports. A football game for example is normally a combination of management, action and simulation.