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WorksheetsSEM II 2.00 Unit Test
Total questions: 49
Worksheet time: 32mins
Immediately following a meeting with a potential event sponsor, an event organizer should perform which task?
Adjust the pricing options in order to obtain the sale
Ask the meeting participants for sponsorship referrals
E-mail a copy of the proposal to the decision-maker
Send a thank-you card to each of the meeting participants
What do amateur sports organizations often solicit in order to be able to operate?
Media coverage
Grant money
Playing time
Free publicity
A sports or event planner contacting a local business about supporting an upcoming tennis tournament is an example of which potential role?
Participants
Paying customers
Spectators
Corporate sponsors
An event organizer is most likely to receive a grant or foundation funding if the event pertains to which outcome?
Benefits the community
Includes celebrity appearances
Generates national media coverage
Appeals to a large target market
Which is the most efficient and inexpensive way for a local youth-soccer camp director to locate organizations that offer grant money?
Develop a sales letter
Mail color brochures to all local businesses
Make cold calls to national corporations
Conduct online research
To obtain operating funds, a not-for-profit sports camp for underprivileged children might seek which option?
Capital-improvement loans
Tax refunds from the community
Grant or foundation monies
Celebrity endorsements
Because a prospective sponsor may have questions about the sponsorship proposal, an event organizer should plan to perform which action?
Conduct follow-up activities
Reinforce important deadlines
Evaluate sponsorship activities
Discuss sponsorship benefits
Three days after presenting a sponsorship proposal to Kula-Kola Beverage Company; Caitlin called the company’s president and asked if there were any questions or concerns about the proposal. What selling activity did Caitlin perform?
She negotiated terms with a vendor.
She followed up with the potential client.
She up-sold the level of sponsorship.
She communicated sponsorship benefits.
Which presents the greatest challenge for U.S. companies when developing a plan to sell movies in foreign countries?
Lack of interest by foreign customers
Language barrier in promotions
Cost of foreign monetary exchanges
Uncertainty about government policies
When a sporting-goods manufacturer decides to sell to businesses located in another country, it should consider which situation about the country?
Selling motives
Trade restrictions
Profit margins
Cost of goods
Which are trade barriers that are likely to limit a sports equipment manufacturer’s ability to export its products to foreign countries?
Trade agreements and industrialization
Licenses and outputs
Quotas and tariffs
Globalization and embargoes
John’s Sporting Goods is planning on exporting sport equipment to England. England is placing taxes on all imported goods that come into the county. What is the name of the trade restriction?
Tariffs
Quotas
Embargoes
License
Spain cannot manufacture enough mountain bikes to meet the demand due to a shortage of resources needed to make the bikes. The United States has agreed to assist in meeting the demand, but Spain will only except a certain amount of bikes into their country. The term that most represents this situation is:
Tariff
Quotas
License
Embargoes
Before the United States can export and import custom furniture into countries in Europe, they must first grant permits to the United States to do so. What must the countries in Europe give to United State to do business?
Quotas
Embargoes
Tariffs
License
Cuba has suspended all products from Canada from being imported into their country. What is the trade restriction that Cuba is using against Canada?
Embargoes
Quotas
Tariffs
License
Many businesses coordinate a wide variety of promotional activities, such as advertising, special events, and displays, in order to accomplish which goal?
Reach a large audience
Maintain appearances
Spread out promotional funds
Keep employees occupied
When should sports or event organizers consider hiring a promotional agency?
Before corporate sponsors have been secured.
After a small event has established a positive reputation.
If a large event is scheduled in many cities over time.
Hiring additional personnel to oversee promotional efforts.
A business that uses advertised specials to attract customer interest should use displays to accomplish which action?
Reinforce interest
Increase interest
Overcome interest
Displace interest
A business made $2.5 million in sales this year and estimates a 5% increase in sales for the coming year. If the company allocates 10% of expected sales for promotional activities, how much would be allocated for next year's promotion?
$255,000
$250,000
$262,500
$265,500
What is the primary factor that marketers must consider when allocating funds to the promotional budget?
Inventory levels
Promotional mix
Size of the organization
Corporate accounting system
Marketers often develop and publish a promotional calendar of events in order to use it in which manner?
Policy guide
Advertising tool
Operating system
Pricing document
A business coordinates its advertising, visual merchandising, and special events in order to accomplish which goal?
Develop policies
Forecast sales
Improve relations
Attract customers
A small start-up that sells its products to other businesses might consider allocating a large portion of its promotional budget to which activity?
Personal selling
Publicity
Research
Advertising
Which component might a business lose if it fails to inform its employees about the goods and services being promoted?
Sales
Basics
Image
Credit
When preparing promotional budgets, a guideline to follow is to keep them flexible due to budgets serve as which component?
Techniques
Concepts
Objectives
Forecasts
Which is an example of coordinating promotional activities?
Members of the distribution channel share advertising costs.
A famous athlete endorses a product in television and magazine ads.
A business develops an annual schedule for window displays.
A business advertises a product and mails free samples to consumers.
For which situation might a business decide to increase the percentage of net sales allocated to its promotional budget?
Radio stations are charging more.
Competitors are spending more.
Suppliers want more coverage.
Consumers want more coupons.
Which is an example of a viral marketing strategy?
A blimp displaying a sporting-goods retail chain logo flies over a football stadium.
A local restaurant places a poster advertising a product near the entrance of a building.
An e-mail sender asks the message receiver to forward the message to 10 friends.
A stadium banner shows a graphic of an ice-cold glass of a favorite soft drink.
A sporting-goods company developed a humorous video and placed it on YouTube. Within three days, the video was viewed over 3 million times, and many viewers linked the video to their Facebook pages to share with their friends and family. What strategy did the sporting-goods company use to generate interest in its organization and products?
Viral marketing
Pay-it-forward advertising
Loyalty programming
Product placement
Which is an example of using a special event as a sales-promotion strategy to increase ticket sales?
Advertising prices in a community publication
Planning an interview with a popular columnist
Using telemarketers to contact a target audience
Holding a contest during a game or performance
Which is a true statement about ambush marketing?
It uses questionable tactics to connect a non-sponsoring business with an event.
Most businesses believe that ambush marketing is an ethical practice.
A business pays a sponsorship fee to be associated with an event.
It relies on celebrity endorsements to become an official event sponsor.
What variable might increase attendance at a professional soccer game?
Mass distribution of the team’s program to the fans and media
A pregame autograph and photo session for the fans
A post-game dinner for team players and their families
Offering a wide variety of food and beverages at the concession stands
An athletic shoe company that has no association with the Olympic games runs a television commercial congratulating a track star for winning two gold medals. This is an example of which promotion?
Sales promotion
Non–designated sponsorship
Ambush marketing
Copyright infringement
Which is an example of a sales promotion that uses a special event to increase high attendance rates at a professional baseball game?
Baseball statistics and articles are printed in the game program.
Free autographed baseballs are given to the first 100 attendees on Little League Day.
Concession stands offer bundled food and beverage items for a low price.
The team’s logo merchandise is sold in the retail store located in the stadium.
In licensing, a category in which only one licensee is authorized to produce merchandise
Collective Mark
Exclusive Category
Licensee
Licensor
The fee a licensee pays up front to use trademarked property
Guarantee
Collective Mark
Exclusive Category
Licensing
The section of a license agreement that specifies which rights and properties are being licensed, what types of merchandise will be produced, and the exclusivity of the license category
Collective Mark
License Grant
Logo
Licensor
An agreement that allows one company to use the trademarked property of another company to manufacture and sell its own products
Licensee
Licensing
Licensor
License Grant
The name and/or symbol used by a business; also called signature
Logo
Royalties
Registered Mark
Licensor
In licensing, a category in which more than one licensee is authorized to produce
Service Mark
Slogan
Registered Mark
Non-Exclusive Category
A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5 to 15 percent
Slogan
Royalties
Guarantee
Service Mark
A phrase that is easy to remember
Logo
Trade Dress
Royalties
Slogan
A word, name, symbol, or device used by a manufacturer or merchant to identify and distinguish goods from those manufactured and sold by others
Trademark
Trademark Infringement
Trademark Property
Trade Dress
A symbol, design, or word used to identify a good or service and registered with the government to prevent use by others
Trademark
Trademark Infringement
Trademark Property
Trade Dress
