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MGT 215 - Final Review Flashcards | StudBud
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MGT 215 - Final Review
MGT 215 - Final Review
20 terms
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Questions
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Answers
1
The “escalator concept” is used when the sport organization is participating in:
EDUSELLING
BENEFIT SELLING
UP-SELLING
AFTER MARKETING
2
This concept focuses on educating yourself about the NEEDS, goals and relationship with your customer.
Aftermarketing
Elevator Concept
Eduselling
Nittany Lioning
3
Which of the following is descriptive of age, gender, education level, occupation, ethnicity (
WHO
is the buyer)
Demographics
Sabermetrics
Algorithms
Psychographics
4
All of the following are examples of publicly traded sport companies
except
:
UNIV OF NOTRE DAME ATHLETICS
NIKE
CALLOWAY GOLF
EA SPORTS
5
Indoor facilities with the primary purpose of hosting sporting and entertainment events.
STADIUM
ARENAS
CONVENTION CENTERS
THEATRES
6
__________ act primarily as in-house advertising agents for the various events booked into facilities.
EVENT DIRECTORS
PUBLIC RELATIONS DIRECTORS
MARKETING DIRECTORS
BOOKING DIRECTORS
7
In the acronym SVOD, the S stands for ___.
SPARTY ON!
STREAMING
SUPPORTED
SUBSCRIPTION
8
Anything that ties into radio, television, and digital technology is considered ___.
SVOD
ELECTRONIC MEDIA
OTT
FRAGMENTATION
9
Perhaps no avenue within the sport industry holds more job opportunities, particularly at the entry level, than:
SALES
FINANCE
PUBLIC RELATIONS
COMMUNICATIONS
10
Sales in the sport industry places an emphasis on the importance of:
short-term day of game sales
sport sells itself.
building long-term relationships with customers
a given outcome.
11
Which is NOT a factor influencing consumer behavior in sport?
Quality
Time
Tickets
Cost
12
The process of retaining customers. Includes providing continued satisfaction & reinforcement to present/past customers
After Marketing
Advertising
Up-Selling
Eduselling
13
What market segment in sport has grown from 130 million in 2012 to 1.1 Billion in 2019?
NCAA Licensed Merchandise
eSports
PSU James Franklin Salary
Nutrition
14
Opportunity to sell
entitlement
of arena or stadium, practice facility, or the team itself
Naming Rights
Signage
Advertising
Promotions
15
Expected $ value return on each alternative investment, stated as a percentage of the original cost of each investment
Revenue
Return on Investment (ROI)
Profit
Asset
16
Which is NOT one of the top
3
revenue streams in SPORT in the US, currently?
Media Rights
Sponsorships
Ticket Sales
Merchandising
17
In the spectator sport industry, teams compete against each other on the field but they must ___ off the field.
CONTEND
COOPERATE
COMPETE
VALIDATE
18
The final "step" in the sales funnel process is...
Retention
Interest
Awareness
Decision
19
TVOD aka Pay Per View is an acronyms for
Tacos via obesity demand
Transaction Video on Demand
Technical Video On Demand
Tele Video on Demand
20
CRM means...
Cornerstone Really Matters
Coffee Really Matters
Consumer Relationship Money
Customer Relationship Management