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WorksheetsSports & Entertainment L1-10 Quiz
Total questions: 77
Worksheet time: 39mins
What is it called when different seats are priced differently?
Cost-based pricing
Yield management pricing
Variable pricing
Tapered pricing
Ultimately, what does stadium management want to maximize?
Entertainment
Fun
Number of Seats
Revenue
What is the term for the cost of providing an additional number of seats, such as seats on floor during a concert?
Marginal Cost
Extra cost
Variable cost
Total cost
What do we call the companies that stadium owners use to manage their ticket sales?
Brokers
Advocates
Agencies
All of the Above
Dynamic pricing means what about ticket prices?
They are not increased
They are not fixed
They are not lowered
All of the Above
What is one benefit of dynamic pricing?
It prevents extra fees
It reduces the number of unsold tickets
It reduces overhead
All of the above
_____ is the number of people who want to purchase tickets.
Supply
Demand
Revenue
Margin
Thanks to technology, it's now ____ for consumers to research events and ticket prices.
Prohibited
Legal
Harder
Easier
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
_____ pricing reduces the financial risk from unsold tickets.
Revenue pricing
Margin pricing
Yield management pricing
Dynamic pricing
What do we call staff members who prepare and serve food and drinks to customers attending events at a stadium?
Servers
Waitresses
Concession staff
Maintenance Workers
Who helps set up and test a band's staging and equipment?
Audio-visual group
IT team
Electrical team
Stage crew
Who helps attendees find their seats in an orderly fashion so that everyone can be seated on time?
Cashiers
Attendants
Ushers
Greeters
What is one of the most serious challenges facing stadium staff?
Spectator violence
Spoiled children
Ignorant fans
Fan celebration
____ ensure that only paying customers enter the stadium.
Ticket takers
Ticket sellers
Gate greeters
Booth attendants
____ walk around the stadium before, during, and after events to direct customers to facilities and concessions.
Information specialists
Booth attendants
Gate greeters
Servers
Local prisoners have been known to clear away snow before a football game.
True
False
Who maintains the field during inclement weather?
Information specialists
Security
Stage crew
Grounds crew
____ are responsible for ensuring the integrity of stadium seats.
Attendants
Information specialists
Security
Ushers
The question "What roads lead to the stadium?" is related to which of the following?
Ingress
Egress
Staffing
All of the Above
The question "How is traffic affected by fans leaving the stadium?" is related to which of the following?
Ingress
Egress
Staffing
All of the Above
What is the term used for any parking lot that is offsite from the stadium?
Satellite Parking
Budget Parking
Planet Parking
Main Lot Parking
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?
Take any public transportation
Use satellite parking lots
Use metered parking
Take the train
What vehicles are often required to shuttle fans to and from satellite parking lots?
Cars
Trains
Buses
All of the Above
The rate of flow is called ____.
Input
Output
Throughput
Through Rate
Stadium parking lots must be staffed with which of the following?
Gate Personnel
Attendants
Security
All of the Above
Most stadiums in major metropolitan areas are not accessible via subway or commuter rail.
True
False
Those who sell tickets to the general public, often at the stadium itself are known as:
Game sellers
Gate keepers
Ticket sellers
Ticket masters
The American with Disabilities Act (ADA) was passed in __________.
1945
1960
1975
1990
What can be a potential problem spot for fans, even before they enter the stadium?
Parking
Concessions
Bathrooms
Construction
Stadium parking is expensive when compared with which other option?
Public Transportation
Subway
Both
None
Which group can receive millions in dollars in revenue from stadium parking?
Parking attendants
Stadium owners
City governments
State governments
Stadium parking doesn't necessarily have to be the cheapest alternative, but what sort of alternative should it be?
The most compelling
The safest
The second least expensive
The largest capacity
Stadium parking is always a guaranteed, stable source of income.
True
False
Methods of transportation other than driving or flying, such as the subway or commuter rail, are considered____.
Public Transportation
Satellite lots
Leased transportation
Neither of these
____ parking is along the street, as opposed to a parking lot.
Public
Satellite
Remote
On-street
____ parking costs that change from month to month or year to year.
Fixed
Marginal
Variable
Low
What is an advantage of satellite parking?
It decreases the number of available parking spaces.
It increases the flow of auto traffic to and from the stadium.
It reduces the environmental impact of autos idling in pregame or postgame traffic.
All of the Above
By maximizing the use of their venue, stadium owners create more revenue from parking and concessions.
True
False
If John's Pretzel Stand runs out of salt, that means they don't have enough what?
Inventory
Concessions
Profit
Cost of Goods
Which is a type of ticket offered at the ballpark?
All You Can Eat
Two for One
Value Meals
All of the Above
What is the main appeal for food and drink vendors serving fans in their seats?
Price
Convenience
Selection
Value
In stadiums, concessionaires often have to charge lower prices than what people would normally pay for food.
True
False
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.
value
profit
price
cost
_____ allow for season ticket holders to get discounts on concessions.
Season pass discounts
two for one tickets
family fun days
value meals
What is NOT a reason for branding on stadiums?
Cost of player contracts
Upkeep
Salaries
Intellectual curiosity
Sponsors have had a longstanding relationship with sports?
True
False
Which psychological principle helps make sponsorships successful?
Guilt principle
Greed principle
Association principle
Accustomed principle
What revenue stream can run into the billions of dollars for some professional sports teams?
TV broadcast rights
Radio broadcast rights
Web broadcast rights
Media broadcast rights
An example of _____ would be naming an event held at the stadium or even naming the stadium itself after the sponsor.
Naming Rights
Signage
Hospitality
Endorsing
In a _________ economy, it is harder to find sponsors willing to pay for premium sponsorship opportunities.
Fast
Slow
Healthy
Booming
Some sponsors, like Nike, sponsor uniforms in exchange for displaying their logo.
True
False
A product ________ involves an ad campaigns in which players from the team recommend the sponsor's products.
underwriter
appeal
bandwagon
endorsement
What is it called when two or more companies try to outbid the other for something, such as a sponsorship opportunity?
Passion Transference
Sponsor Rights
Bidding War
Negotiations
Which is an example of new media?
Newspapers
Magazines
TV
Smartphones
What is the cost of an advertising campaign divided by the number of people reached?
Cost per reach
Cost per group
Cost per person
Cost per media
If you wanted to convey a complex message via traditional media, which type of media would you NOT want to use?
TV
Radio
Newspapers
Billboards
Media planners want a ____ cost per reach.
High
Medium
Average
Low
Market ____ is the function that links the consumer, customer, and public to the marketer through information.
Research
Planning
Loyalty
Reach
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?
TV
Radio
Billboards
newspapers
Which type of traditional media requires a brief message, limits sales pitch, and often requires a long-term commitment to a single piece?
TV
Radio
Billboards
newspapers
Social networks allow people to come together based on which attributes?
Age
Shared Interests
Eye Color
Demographics
What is not characteristic of social media?
Participation
Collectiveness
Transparency
Distance
What term describes a marketing push that includes television, radio, billboards, email, and online advertising?
Sales pitch
Press release
Marketing Campaign
Marketing Research
What type of advertising is it when you're served an online ad for a band after performing a search for that band?
Contextual advertising
Related advertising
Sticky advertising
Strict advertising
____ is the general awareness of a brand among the general population.
Marketing plan
Brand reputation
Brand loyalty
Brand recognition
_____ is how a brand is perceived in the marketplace.
Marketing plan
Brand reputation
Brand loyalty
Brand recognition
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?
Deal
Agreement
Contract
All
What is the downside to booking a world-famous act?
They demand large fees
They command lower ticket prices
The audience is too small
All of the above
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.
Stadium manager
Opening Act
Promoter
Headliner
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.
Multi-level
Game day
Multi-Ticket
Family Fun
Especially when it comes to team sports, what is at least as important as the talent of the individual players?
Team Chemistry
Team Demographics
Team Rituals
Team Experience
What do we call exchanging players with another team?
Swap
Trade
Exchange
Buy Out
What is the maximum amount a team can spend on player salaries in a given season?
Salary Cap
Price cap
Price ceiling
Price maximum
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) ___________.
Bond
License
Memorandum
Contract
Player ___ involves deciding which players are to be signed.
Loyalty
Chemistry
Development
Selection
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.
True
False
