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Sports & Entertainment L1-10 Quiz

Total questions: 77

Worksheet time: 39mins

Name
Class
Date
1.

What is it called when different seats are priced differently?

a)

Cost-based pricing

b)

Yield management pricing

c)

Variable pricing

d)

Tapered pricing

2.

Ultimately, what does stadium management want to maximize?

a)

Entertainment

b)

Fun

c)

Number of Seats

d)

Revenue

3.

What is the term for the cost of providing an additional number of seats, such as seats on floor during a concert?

a)

Marginal Cost

b)

Extra cost

c)

Variable cost

d)

Total cost

4.

What do we call the companies that stadium owners use to manage their ticket sales?

a)

Brokers

b)

Advocates

c)

Agencies

d)

All of the Above

5.

Dynamic pricing means what about ticket prices?

a)

They are not increased

b)

They are not fixed

c)

They are not lowered

d)

All of the Above

6.

What is one benefit of dynamic pricing?

a)

It prevents extra fees

b)

It reduces the number of unsold tickets

c)

It reduces overhead

d)

All of the above

7.

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

a)

Supply

b)

Demand

c)

Revenue

d)

Margin

8.

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

a)

Prohibited

b)

Legal

c)

Harder

d)

Easier

9.

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

a)

Revenue pricing

b)

Margin pricing

c)

Yield management pricing

d)

Dynamic pricing

10.

_____ pricing reduces the financial risk from unsold tickets.

a)

Revenue pricing

b)

Margin pricing

c)

Yield management pricing

d)

Dynamic pricing

11.

What do we call staff members who prepare and serve food and drinks to customers attending events at a stadium?

a)

Servers

b)

Waitresses

c)

Concession staff

d)

Maintenance Workers

12.

Who helps set up and test a band's staging and equipment?

a)

Audio-visual group

b)

IT team

c)

Electrical team

d)

Stage crew

13.

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

a)

Cashiers

b)

Attendants

c)

Ushers

d)

Greeters

14.

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

a)

Spectator violence

b)

Spoiled children

c)

Ignorant fans

d)

Fan celebration

15.

____ ensure that only paying customers enter the stadium.

a)

Ticket takers

b)

Ticket sellers

c)

Gate greeters

d)

Booth attendants

16.

____ walk around the stadium before, during, and after events to direct customers to facilities and concessions.

a)

Information specialists

b)

Booth attendants

c)

Gate greeters

d)

Servers

17.

Local prisoners have been known to clear away snow before a football game.

a)

True

b)

False

18.

Who maintains the field during inclement weather?

a)

Information specialists

b)

Security

c)

Stage crew

d)

Grounds crew

19.

____ are responsible for ensuring the integrity of stadium seats.

a)

Attendants

b)

Information specialists

c)

Security

d)

Ushers

20.

The question "What roads lead to the stadium?" is related to which of the following?

a)

Ingress

b)

Egress

c)

Staffing

d)

All of the Above

21.

The question "How is traffic affected by fans leaving the stadium?" is related to which of the following?

a)

Ingress

b)

Egress

c)

Staffing

d)

All of the Above

22.

What is the term used for any parking lot that is offsite from the stadium?

a)

Satellite Parking

b)

Budget Parking

c)

Planet Parking

d)

Main Lot Parking

23.

Parking lots next to the stadium tend to fill up quickly. A stadium owner who profits from parking receipts would likely encourage fans coming to the game to do what?

a)

Take any public transportation

b)

Use satellite parking lots

c)

Use metered parking

d)

Take the train

24.

What vehicles are often required to shuttle fans to and from satellite parking lots?

a)

Cars

b)

Trains

c)

Buses

d)

All of the Above

25.

The rate of flow is called ____.

a)

Input

b)

Output

c)

Throughput

d)

Through Rate

26.

Stadium parking lots must be staffed with which of the following?

a)

Gate Personnel

b)

Attendants

c)

Security

d)

All of the Above

27.

Most stadiums in major metropolitan areas are not accessible via subway or commuter rail.

a)

True

b)

False

28.

Those who sell tickets to the general public, often at the stadium itself are known as:

a)

Game sellers

b)

Gate keepers

c)

Ticket sellers

d)

Ticket masters

29.

The American with Disabilities Act (ADA) was passed in __________.

a)

1945

b)

1960

c)

1975

d)

1990

30.

What can be a potential problem spot for fans, even before they enter the stadium?

a)

Parking

b)

Concessions

c)

Bathrooms

d)

Construction

31.

Stadium parking is expensive when compared with which other option?

a)

Public Transportation

b)

Subway

c)

Both

d)

None

32.

Which group can receive millions in dollars in revenue from stadium parking?

a)

Parking attendants

b)

Stadium owners

c)

City governments

d)

State governments

33.

Stadium parking doesn't necessarily have to be the cheapest alternative, but what sort of alternative should it be?

a)

The most compelling

b)

The safest

c)

The second least expensive

d)

The largest capacity

34.

Stadium parking is always a guaranteed, stable source of income.

a)

True

b)

False

35.

Methods of transportation other than driving or flying, such as the subway or commuter rail, are considered____.

a)

Public Transportation

b)

Satellite lots

c)

Leased transportation

d)

Neither of these

36.

____ parking is along the street, as opposed to a parking lot.

a)

Public

b)

Satellite

c)

Remote

d)

On-street

37.

____ parking costs that change from month to month or year to year.

a)

Fixed

b)

Marginal

c)

Variable

d)

Low

38.

What is an advantage of satellite parking?

a)

It decreases the number of available parking spaces.

b)

It increases the flow of auto traffic to and from the stadium.

c)

It reduces the environmental impact of autos idling in pregame or postgame traffic.

d)

All of the Above

39.

By maximizing the use of their venue, stadium owners create more revenue from parking and concessions.

a)

True

b)

False

40.

If John's Pretzel Stand runs out of salt, that means they don't have enough what?

a)

Inventory

b)

Concessions

c)

Profit

d)

Cost of Goods

41.

Which is a type of ticket offered at the ballpark?

a)

All You Can Eat

b)

Two for One

c)

Value Meals

d)

All of the Above

42.

What is the main appeal for food and drink vendors serving fans in their seats?

a)

Price

b)

Convenience

c)

Selection

d)

Value

43.

In stadiums, concessionaires often have to charge lower prices than what people would normally pay for food.

a)

True

b)

False

44.

The ___ of an item is the amount the concession owner paid for the item plus the cost of paying concession stand workers to prepare and serve it.

a)

value

b)

profit

c)

price

d)

cost

45.

_____ allow for season ticket holders to get discounts on concessions.

a)

Season pass discounts

b)

two for one tickets

c)

family fun days

d)

value meals

46.

What is NOT a reason for branding on stadiums?

a)

Cost of player contracts

b)

Upkeep

c)

Salaries

d)

Intellectual curiosity

47.

Sponsors have had a longstanding relationship with sports?

a)

True

b)

False

48.

Which psychological principle helps make sponsorships successful?

a)

Guilt principle

b)

Greed principle

c)

Association principle

d)

Accustomed principle

49.

What revenue stream can run into the billions of dollars for some professional sports teams?

a)

TV broadcast rights

b)

Radio broadcast rights

c)

Web broadcast rights

d)

Media broadcast rights

50.

An example of _____ would be naming an event held at the stadium or even naming the stadium itself after the sponsor.

a)

Naming Rights

b)

Signage

c)

Hospitality

d)

Endorsing

51.

In a _________ economy, it is harder to find sponsors willing to pay for premium sponsorship opportunities.

a)

Fast

b)

Slow

c)

Healthy

d)

Booming

52.

Some sponsors, like Nike, sponsor uniforms in exchange for displaying their logo.

a)

True

b)

False

53.

A product ________ involves an ad campaigns in which players from the team recommend the sponsor's products.

a)

underwriter

b)

appeal

c)

bandwagon

d)

endorsement

54.

What is it called when two or more companies try to outbid the other for something, such as a sponsorship opportunity?

a)

Passion Transference

b)

Sponsor Rights

c)

Bidding War

d)

Negotiations

55.

Which is an example of new media?

a)

Newspapers

b)

Magazines

c)

TV

d)

Smartphones

56.

What is the cost of an advertising campaign divided by the number of people reached?

a)

Cost per reach

b)

Cost per group

c)

Cost per person

d)

Cost per media

57.

If you wanted to convey a complex message via traditional media, which type of media would you NOT want to use?

a)

TV

b)

Radio

c)

Newspapers

d)

Billboards

58.

Media planners want a ____ cost per reach.

a)

High

b)

Medium

c)

Average

d)

Low

59.

Market ____ is the function that links the consumer, customer, and public to the marketer through information.

a)

Research

b)

Planning

c)

Loyalty

d)

Reach

60.

Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?

a)

TV

b)

Radio

c)

Billboards

d)

newspapers

61.

Which type of traditional media requires a brief message, limits sales pitch, and often requires a long-term commitment to a single piece?

a)

TV

b)

Radio

c)

Billboards

d)

newspapers

62.

Social networks allow people to come together based on which attributes?

a)

Age

b)

Shared Interests

c)

Eye Color

d)

Demographics

63.

What is not characteristic of social media?

a)

Participation

b)

Collectiveness

c)

Transparency

d)

Distance

64.

What term describes a marketing push that includes television, radio, billboards, email, and online advertising?

a)

Sales pitch

b)

Press release

c)

Marketing Campaign

d)

Marketing Research

65.

What type of advertising is it when you're served an online ad for a band after performing a search for that band?

a)

Contextual advertising

b)

Related advertising

c)

Sticky advertising

d)

Strict advertising

66.

____ is the general awareness of a brand among the general population.

a)

Marketing plan

b)

Brand reputation

c)

Brand loyalty

d)

Brand recognition

67.

_____ is how a brand is perceived in the marketplace.

a)

Marketing plan

b)

Brand reputation

c)

Brand loyalty

d)

Brand recognition

68.

What document between the stadium management and the promoter stipulates the price the promoter will pay for use of the venue, legal liabilities on both sides, and so on?

a)

Deal

b)

Agreement

c)

Contract

d)

All

69.

What is the downside to booking a world-famous act?

a)

They demand large fees

b)

They command lower ticket prices

c)

The audience is too small

d)

All of the above

70.

The advantage of having a(n) ____ is that you can broaden the appeal of the event and provide extra value to a fan's ticket.

a)

Stadium manager

b)

Opening Act

c)

Promoter

d)

Headliner

71.

For a venue seeking to optimize ticket sales by providing different services at different prices for different clients attending the same event, it is essential to tailor a _____________ offer that can satisfy customer demand.

a)

Multi-level

b)

Game day

c)

Multi-Ticket

d)

Family Fun

72.

Especially when it comes to team sports, what is at least as important as the talent of the individual players?

a)

Team Chemistry

b)

Team Demographics

c)

Team Rituals

d)

Team Experience

73.

What do we call exchanging players with another team?

a)

Swap

b)

Trade

c)

Exchange

d)

Buy Out

74.

What is the maximum amount a team can spend on player salaries in a given season?

a)

Salary Cap

b)

Price cap

c)

Price ceiling

d)

Price maximum

75.

A legal agreement between a team and a player in which the player is paid money in exchange for playing on the team is known as a(n) ___________.

a)

Bond

b)

License

c)

Memorandum

d)

Contract

76.

Player ___ involves deciding which players are to be signed.

a)

Loyalty

b)

Chemistry

c)

Development

d)

Selection

77.

In some small-market teams, current players who originally commanded a small salary but who have greatly succeeded on the team can become too expensive for the team to re-sign.

a)

True

b)

False