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Overview Marketing Sports test Flashcards | StudBud
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Overview Marketing Sports test
Overview Marketing Sports test
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Questions
48
Answers
1
The activities in marketing that are interrelated and similar in purpose. These activities are referred to as marketing
functions
strategies
tactics
responsibilities
2
Influencing what activities people choose to participate in for fun
sports marketing
hospitality marketing
recreation marketing
entertainment marketing
3
Sports marketing is not good for society
False
True
4
Determining the goods, services or ideas a business will offer its customers is called the ______ element of marketing
place
product
price
promotion
5
Marketing function responsible for the movement, transfer of ownership of goods from the producer to the consumer
distribution
financing
storage
purchasing
6
Sports and entertainment marketing began to grow in 1890s when both working class and wealthy were able to enjoy events.
False
True
7
Making both buyers and sellers feel they are getting a good value is part of the _________ function of marketing
financing
pricing
purchasing
promotion
8
With what activity does marketing begin?
distributing
Planning
promoting
Pricing
9
A product that is useful to customers has
form utility
place utility
time utility
utility
10
The marketing mix is planning and executing the conception, pricing, promotion and distribution of goods and services
False
True
11
Spectators are observers of sporting events
True
False
12
The 5 P’s of Marketing are
Production, promotion, price, place, people
Product, promotion, price, place, people
Product, place, promotion, profit, people
Profit, promotion, price, place, people
13
When products are available where they are needed, they have _____ utility
possession
form
place
time
14
Which element of marketing do marketers use to inform, persuade or remind customers of their products
Promotion
place
product
Price
15
Thomas Edison developed kinetoscope or vitascope and this began the film industry
False
True
16
News about teams, events, schedules, statistics is known as
sports information
personal training
sporting goods
sporting event
17
Planning and executing pricing, promotion. distribution of goods, and services to create exchanges to satisfy objectives
marketing
exchange
economics
distribution
18
Sports industry affects your life even if you are not athletic
False
True
19
Refers to the activities involved in shipping, handling and storing items on the way from the producer to the consumer
marketing
distribution
economics
warehousing
20
Price is the amount charged to satisfy the need or want of the customer
True
False
21
A combination of the five elements of marketing is known as
product
marketing concept
Marketing mix
price
22
Marketing concept is the combination of the five elements of marketing
True
False
23
When a business changes the shape of a product, it is creating _______ utility
time
possession
form
place
24
he amount of money a firm asks in exchange for its products is called ________ element of marketing
place
promotion
product
price
25
In the marketing concept, whose point of view matters most?
Seller's
Buyer's
Marketer's
Planner's
26
When products are available when they are needed, they have ___________ utility
possession
place
form
time
27
The marketing function which involves the matching and satisfying of customer wants and needs with goods or services is
selling
market research
purchasing
prospecting
28
Getting a selected product in the right place at the right time is called the _______ element of marketing
product
promotion
price
place
29
There are 4 types of utility, which are form, place, time and possession
False
True
30
Which marketing function involves creating the correct product mix for a business?
product/service management
financing
selling
marketing information managment
31
Growth of sports, entertainment and recreation marketing has relied on consumers having discretionary income
False
True
32
When ownership of a product is transferred from seller to the buyer, _______ utility is created
possession
place
form
time
33
Promotion is the communication with customers to encourage sales
False
True
34
The amount of money a firm asks in exchange for its products is called ________ element of marketing
promotion
product
place
price
35
Marketing does not involve all 5 senses
True
False
36
Influencing how people choose to use their leisure time and money without being active participant
entertainment marketing
hospitality marketing
sports marketing
recreation marketing
37
The business philosophy which focuses on giving customers what they want is known as the
customer orientation
marketing process
marketing concept
company commitment
38
Marketing links producers to _______
distributors
marketers
customers
retailers
39
Which element of marketing refers to various types of communication that marketers use to inform customers
Place
promotion
Price
Product
40
Planning involves analyzing customers, writing plan of action, implementing plan, etc
True
False
41
People, one of the elements of marketing mix, involves getting the product to the customer
True
False
42
Marketing Mix includes Price, Product, Place and Promotions
True
False
43
Using sports to market products
entertainment marketing
sports marketing
recreation marketing
hospitality marketing
44
Which marketing activity helps to create and stimulate demand for products?
pricing
promoting
distributing
planning
45
Selling is the assisting the customer with selection for purchase
True
False
46
Product/service management is the selecting and maintaining the product
True
False
47
Sports, entertainment and recreation marketing have nothing in common with each other
False
True
48
The business’ customers are known as the ________ element of marketing
price
People
promotion
place