
Sports & Entertainment Mktg - Ch. 2
Quiz
•
Business
•
9th - 12th Grade
•
Easy
Morgan Abel
Used 6+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money remaining from revenues after all expenses are paid is called:
Budget
Profit
Return on Investment
Income Statement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________ is the study of how goods and services are produced, distributed, and consumed.
Economics
Ethics
Business
Marketing Information
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Macroeconomics is defined as the study of:
Sports and Entertainment marketing
Relationships between individual consumers & producers
Economics of the entire society
None of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of satisfaction a person receives from the consumption of a product or service is called:
Economic Satisfaction
Economics
Economic Utility
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four different types of utility?
Form, Time, Possession, and Consumption
Time, Place, Consumption, and Sales
Consumption, Sales, Place, and Form
Form, Time, Place, and Possession
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T or F: Revenue is the money a business receives from the sales of goods & services
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profit motive means making decisions to use resources in ways that result in the greatest
Sales
Profits
Purchases
Revenues
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