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Sports and Entertainment Marketing Flashcards | StudBud
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Sports and Entertainment Marketing
Sports and Entertainment Marketing
20 terms
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Chapter 1 terms
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Why is Financing an important element with the core standards of marketing?
Financing is not required for a company to operate effectively
It requires a company to budget for their own marketing activities
Numbers are not that important with the marketing mix
Finance is the first department the company will cut if it goes bankrupt
2
Researching the demographics of a fan base for a particular sport would be most associate with what core marketing stnd?
FINANCING
CHANNEL MARKETING
Marketing-Info Management
PRICING
3
Stats. that describe a population in terms of personal characteristics
Demographic
Market
Marketing concept
Wants
4
What is
not
one of the 4 P's of Marketing
Promotion
Price
Place
Partcipating
5
A specific group of consumers that an organization selects as the focus of its marketing plan
Market
The Chosen Ones
Target market
Services
6
Intangible products, such as theater tickets
Services
demographic
Wants
Goods
7
Idea that organizations need to satisfy their customers while also reaching their goal
Marketing concept
Marketing
Marketing mix
Needs
8
A combination of 4 basic marketing strategies, known as the 4 P's-product, price, place & promo
Marketing mix
Services
Target market
Marketing concept
9
Gross Impression can
Involve the number of times a product is associated with an athlete
take place on a TV Show
Include company logo on sports apparel
All of the Above
10
path a product takes from the producer to consumer
Demographic
Marketing mix
Needs
Channel of distribution
11
Potential customers with shared needs who have the desire and ability to buy a product
Marketing
Market
Target market
Wants
12
Basic necessities such as food, clothing or shelter
Services
Wants
Marketing concept
Needs
13
What is NOT a Core Standard of Marketing
Selling
Promotion
Product/Service Management
Accounting
14
Tangible products, such as sports equipment
Needs
Services
Goods
channel of distribution
15
Which of the following marketing mix elements makes consumers aware of products and events?
Product
Promotion
Price
Distribution/Place
16
Which of the following core standards of marketing involves collecting and using data to make business decisions?
Financing
Marketing -Information Mngmt
Selling
Product/Service Mngt
17
The developing, promotion, and distributing products, goods and services to satisfy customers
Services
Target market
Goods
Marketing
18
This is NOT an example of Promotion
Sports Magazine Article
Super Bowl Sweepstakes
TV Commercial
Selfie Picture of YOU
19
The Definition of Distribution is...
This involves giving everything to the customer
This involved giving everything to everyone
This involves transporting or delivering goods to the final customer.
This involves giving everything to the creator
20
Things that people desire based on personality, experiences, or information about a product
Needs
Wants
Market
Goods