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