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Exam #1 Prep (SMG 315)

Authored by Tyler Hajek

Business

University

Used 3+ times

Exam #1 Prep (SMG 315)
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54 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An industry trend in sport and recreation is:

expansion of pickle ball

digital ticketing

sport betting options

all of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________: amount of money individuals have available to spend after paying for the necessities of life.

Discretionary income

Channel management

Both of These

Neither of These

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emotions such as affection and passion often compel fans to buy tickets and other sports-related merchandise.

False

True

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The commodification of entertainment options as Professor Hajek described was called:

Nickelodeon Slime-ification

Disneyfication

Both of These

Neither of These

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monopolies in the marketplace results in more options for consumers and improved events and merchandise.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The minimum sales required to cover all of the expenses of organizing, promoting, and running an event is the:

Breaking Bad point

Breakeven point

Profit maximization

None of These

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of opportunity cost is measured in terms of the benefits that you are giving up.

True

False

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