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Virtual Business 1-5 Review

Authored by Kristy Craddock

Other

12th Grade

Used 1+ times

Virtual Business 1-5 Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Dynamic pricing means what about ticket prices?

They are not increased

They are not fixed

They are not lowered

None of the above

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When the first place team visits another team's stadium for a game, prices for seats to that game rise. This is called ________

Revenue pricing

Margin pricing

Yield management pricing

Dynamic pricing

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

_____ is the number of people who want to purchase tickets.

Supply

Demand

Revenue

Margin

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Thanks to technology, it's now ____ for consumers to research events and ticket prices.

Legal

Harder

Easier

difficult

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is one of the most serious challenges facing stadium staff?

Spectator violence

Spoiled children

Ignorant fans

Fan celebrations

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who helps attendees find their seats in an orderly fashion so that everyone can be seated on time?

Cashiers

Attendants

Ushers

Greeters

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

True or False: Local prisoners have been known to clear away snow before a football game.

True

False

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