MH31-4.01 SEM 1 Study Guide

Which of the following products is a sporting event:

• Yankee Stadium
• Premiere of a Broadway play
• ESPN The Magazine
• Ocean kayaking in Alaska

Which of the following is an example of a venue:

• Statesville Sporting Goods store
• Statesville Recreation Complex
• Statesville Annual Marathon
• Statesville Jazz Festival

Which of the following is a non-sport event:

• The Annual Concession Workers’ Convention
• Monday Night Football broadcast
• University of Nebraska Volleyball Camp
• The Little League World Series

Which of the following is a sporting good:

• NASCAR hat
• Sports Illustrated
• Yoga class
• Running shorts

Which of the following products is licensed merchandise:

• Key chain
• Nike sweatband
• Concert T-shirt
• Hockey helmet

A baseball game broadcast on the radio is an example of

• a sporting good.
• sport media.
• owned-goods service
• a non-sport event.

Dan and Kelly don’t have their own ice skates. When they go skating, they pay $3 each to use skates that are owned by the rink. Which of the following sport/event products are Dan and Kelly consuming:

• Rented-goods service
• Owned-goods service
• Venue
• Licensed merchandise

Tatiana takes her lucky tennis racket to be restrung. Which of the following products is she consuming:

• Rented-goods service
• Owned-goods service
• Venue
• Licensed merchandise

The most basic distinction between goods and services states that goods are ____________ products.

• intangible
• inconsistent
• branded
• tangible

A high school basketball team won the state championship last year but didn’t even make the playoffs this year. This is an example of a(n) __________ sport product.

• tangible
• perishable
• inconsistent
• consistent