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Entertainment & Sports Marketing Chapter 4 Review Flashcards | StudBud
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Entertainment & Sports Marketing Chapter 4 Review
Entertainment & Sports Marketing Chapter 4 Review
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Entertainment & Marketing Unit 4
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
When an artist creates music in multiple genres, they are said to be a:
Popular Artist
Crazy Artist
Crossover Artist
Unpopular Artist
2
Which is not a requirement for defining an economic market:
Willingness
Ability
Incapacity
3
The cost of the next best alternative that you give up is referred to as the:
Absolute Advantage
Breakeven Point
Opportunity Cost
Comparative Advantage
4
The rate at which companies produce goods/services in relation to the amount of resources used:
Absolute Advantage
Comparative Advantage
Productivity
Breakeven Point
5
Copying and/or distributing content that belongs to others without consent is not:
Piracy
Hurting the Music Industry
Copyright Infringement
Cool
6
When you narrow and define your market with extreme precision, you're focusing on a:
Economic Market
Niche Market
Specific Market
Target Market
7
When a company produces products or services more efficiently and economically than competitors
Absolute Advantage
Comparative Advantage
Breakeven Point
Opportunity Cost
8
Which is not a factor that influences Customer Satisfaction:
Quality
Service
Profit
Price
9
About how much of every dollar is spent on marketing?
1/3
1/2
4/5
1/4
10
A brand or trademark associated with the marketing of music recordings and videos is a:
Record Label
Record Store
Record Company
Recording Artist
11
Occupation, Age, Eye Color, Dominant Hand are all examples of:
Demographics
Polygraphics
Psychographics
Geographics
12
_________________ are the driving force behind the Marketing Concept
Marketers
Retailers
Wholesalers
Customers
13
Take Home Pay (Paycheck after taxes) - Living Expenses =
Discretionary Income
Disposable Income
14
Values, Beliefs, Ideals, and Morals are all examples of:
Demographics
Physiographics
Psychographics
Geographics
15
City, County, State, Region, Country are all examples of:
Demographics
Physiographics
Geographics
Psychographics
16
I feel confident that I will do well on this upcoming exam
Let's run through this quiz again
Absolutely Not
Most Definitely
17
Satisfying Customer Needs is the:
Marketing Concept
Product Mix
Marketing Mix
Marketing Goal
18
6 levels of needs that must be satisfied by Humans is commonly referred to as:
Maslow's Heirarchy of Needs
Target Marketing
Comparative Advantage
Schulte's Heirarchy of Needs
19
Which of the following is NOT a buyer motive we discussed in class:
Emotional
Rational
Patronage
Economical
20
The 4 elements of your Marketing Mix does not include
Profit
Promotion
Place
Product