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Chapter 1 Sports and Entertainment Marketing Flashcards | StudBud
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Chapter 1 Sports and Entertainment Marketing
Chapter 1 Sports and Entertainment Marketing
35 terms
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Review for Chapter 1.
Flashcards
35 cards
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Practice quiz
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Questions
35
Answers
1
The success of entertainment events depends on promotion to prospective customers.
False
True
2
This is the means of making customers aware of products and encourages them to buy.
Entertainment
Demographics
Marketing
Promotion
3
This is what a business offers customers to satisfy needs.
Promotion
Distribution
Price
Product
4
The amount of money individuals have available to spend after paying necessities.
Expenses
Income
Profit
Discretionary Income
5
The host city for the Super Bowl must?
Have a mild climate during the winter
Both A and B
Have an adequate number of hotel rooms for fans and media
Be near a major airport
6
Sports marketing is a multi-billion industry that has a major impact on the economy.
True
False
7
The blending of the four marketing elements of product, distribution, price and promotion.
Product/Service Management
Marketing Mix
Gross Impression
Marketing Information Management
8
Product/service management involves which of the following?
Developing
Improving
Maintaining
All of the Above
9
Consumer demand has little impact on prices assigned to sports and entertainment events.
False
True
10
Marketing involves?
Maintenance of exchange relationships
Creation of satisfying exchange relationships
All of the above
Satisfaction for businesses and customers
11
Customers needs should be the primary focus of marketing.
False
True
12
Financing is?
Both B and C
Involves offering customers different forms of payment
One of the six core standards of marketing
Involves budgeting for market activities
13
This is whatever people are willing to spend their money on and their spare time viewing.
Marketing
Promotion
Selling
Entertainment
14
This involves the number of viewers the programming attracts.
Entertainment
Ratings
Demographics
Promotion
15
Celebrities have become increasingly involved in NASCAR.
True
False
16
Selecting a good city to host the Super Bowl is an example of distribution of entertainment.
True
False
17
Marketing is the creation and maintenance of?
A favorable image
Financial resources
Sales
Satisfying exchange relationships
18
The popularity of teams and sports figures is based upon?
Wealth
Winning
Controversy
All of the above
19
This involves the locations and methods used to make products available to customers.
Entertainment
Promotion
Distribution
Marketing
20
Gathering and using customer information to improve business decision making involves?
Product/service management
Promotion
Distribution
Marketing-information managment
21
Gross Impressions do not
Occur during televised sporting events
Involve the number of times the product and athlete are seen
Influence consumer purchases
Occur accidentally
22
Product/Service management involves direct communication with customers to assess needs.
True
False
23
The success of sports marketing does not depend upon?
Gross Impressions
Timing
New opportunities
Ambush Marketing
24
Ambush marketing takes place when an organization is the sole sponsor of an event.
False
True
25
The number of times per event that a product is associated with an athlete or entertainer.
Gross Impressions
Demographics
Ratings
Market Information Managment
26
All of the following are forms of promotion except?
Government Regulations
Television Commercials
In-stadium advertising
Newspaper Advertisements
27
This is the creation and maintenance of satisfying exchange relationships.
Marketing
Promotion
Demongraphics
Selling
28
This involves the age range, marital status, gender and income level of individuals of a group.
Promotion
Demographics
Entertainment
Marketing
29
To satisfy customer needs, you must do all of the following except?
operate the business profitable
Charge prices to maximize company profits
Develop products that customers consider the best choice
Identify your customer
30
Early television took promotion and advertising to a new level.
False
True
31
Discretionary income is the amount individuals earn before deductions are removed from pay.
True
False
32
This is any direct and personal communication with customers to assess and satisfy their needs.
Selling
Marketing
Entertainment
Promotion
33
Reality shows are popular because?
They are inexpensive to produce
They fill the air time
They provide inexpensive advertising
All of the above
34
Fisher Price tests new toy ideas with children and parents. This is an example of?
Distribution
Promotion
Selling
Product Management
35
Spectators of sporting events are potential customers of a wide variety of related products.
False
True