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SEM Chapter 1 Review
SEM Chapter 1 Review
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Sports and Entertainment Marketing Chapter 1 Review for Test
Flashcards
30 cards
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Practice quiz
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Questions
30
Answers
1
Analyzing markets that a company wants to serve is which function of marketing?
Pricing
Product Service Management
Market Planning
Channel Management
2
____ include the age range, marital status, gender, and income level of individuals in a group.
Demographics
Psychographics
Target Market
Customer Profile
3
Fisher Price tests new toy ideas with children and parents. This is an example of
product management
financing
distribution
selling
4
Direct and personal communication with customers to assess their needs is considered
Promotion
Selling
Product service management
Distribution
5
Pricing involves the process of establishing and communicating the ___ or cost of a product.
Development
Originality
Value
Market Analysis
6
__ is the number of times per ad, game, or show that a product is associated with an athlete.
Ratings
Gross Impression
Ad Count
Return on Investment
7
Selecting a good city to host the Super Bowl is an example of ________ of entertainment.
selection
promotion
distribution
product management
8
Gathering and using information about customers to improve business decision making involves
Selling
Distribution
Marketing information management
Promotion
9
The amount of money individuals have avail to spend after paying for thenecessities of life is
Financing
Income
Discretionary Income
Budgeting
10
Reality television is less expensive to produce than traditional programming.
True
False
11
Consumer demand has little to no impact on prices assigned to SEM events and goods.
True
False
12
__________ involves the locations and methods used to make products available to customers.
Selling
Promotion
Product Service Managment
Distribution
13
What is not one of the things you should know before an interview?
Location of business
Company history
Size of building
Mission Statement
14
To satisfy customer needs, you must do all of the following except
operate the businessprofitably
develop products thatcustomers consider better than others
identify yourcustomer
charge prices tomaximize company profits
15
_is the blending of the four marketing elements of product, distribution, price, and promotion.
Marketing Plan
Target Market
Business Plan
Marketing Mix
16
Future employers can check your social media to see if they want to hire you.
True
False
17
Marketing is the creation and maintenance of
A favorable image
Sales
Satisfying exchange relationships
Financial resources
18
Your resume should always be...
accurate
all of the above
relevant
truthful
19
__is any direct and personal communication with customers to assess and satisfy their needs.
Promotion
Advertising
Financing
Personal Selling
20
__________indicate the number of viewers the programming attracts.
Demographics
Ratings
Viewer Statistics
Gross Impressions
21
All of the following are forms of promotion except
government regulations
billboards
social media
television commercials
22
The popularity of teams and sports figures is based upon
controversy
all of the above
wealth
winning
23
What is not one of the elements of the marketing mix?
Product
Professional Selling
Promotion
Place
24
__________ is the means of making customers aware of products and encourages them to buy.
Distribution
Marketing Information Management
Selling
Promotion
25
What is the primary focus of marketing?
Innovation
Research
Profit
Customer Needs
26
What is a MUST DO after an interview?
Call immediately to follow up
Send a thank you
Eat a burger
Follow them on social media
27
Product/service management involves __________ products.
improving
all of the above
developing
maintaining
28
The__________ is what a business offers customers to satisfy needs.
Place
Price
Promotion
Product
29
The success of entertainment events depends on promotion to prospective customers
True
False
30
Discretionary income is the amount individuals earn before deductions are removed from thepay.
True
False