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Sports & Entertainment Marketing Chap 1 review

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

The Marketing Mix consists of what 4 P's..

a)

4 marketing elements of product, place, price, and promotion

b)

Influencing how people choose to spend their time and money on entertainment

c)

The amount customers pay for products

d)

What a business offers customers to satisfy needs

2.

Distribution is...

a)

Involves the locations and methods used to make products available to customers

b)

What a business offers to satisfy needs

c)

Some type of performance that people are willing to spend their money and spare time watching

d)

The creation and maintenance of satisfying exchange relationships

3.

Discretionary income is...

a)

The amount customers pay for products

b)

Influencing how people choose to spend their time and money on entertainment

c)

Amount of money individuals have available to spend after paying for the necessities of life and other fixed expenses

d)

The number of viewers a program attracts

4.

Price is...

a)

Some type of performance that people are willing to spend their money and spare time watching

b)

Influencing how people choose to spend their time and money on entertainment

c)

What a business offers customers to satisfy needs

d)

The amount customers pay for products

5.

Sports Marketing is...

a)

Using sports to market products

b)

Describes how a business blends the four marketing elements of product, distribution, price and promotion

c)

Involves the locations and methods used to make products available to customers

d)

Common characteristics of a group, such as age, marital status, gender, and income level

6.

Lyrics to a song is which type of property rights?

a)

Copyright

b)

Trademark

c)

Patent

d)

Piracy

7.

A Movie Script is an example of what type of property rights?

a)

Copyright

b)

Trademark

c)

Patent

8.

The Apple logo is an example of what type of property rights?

a)

Copyright

b)

Trademark

c)

Patent

9.

New helmet design to protect football players is an example of what type of property rights?

a)

Copyright

b)

Trademark

c)

Patent

10.

The Coca-Cola logo is an example of what type of property rights?

a)

Copyright

b)

Trademark

c)

Patent

11.

Which 2 of these business ownership types have unlimited liability (Meaning they are responsible for all of the business's debts)?

a)

Partnership

b)

Private limited company

c)

Sole trader

d)

Public limited company

12.

Someone who is self-employed and runs their own business is most likely what type of business ownership?

a)

Partnership

b)

Sole proprietorship

c)

Limited company

d)

Corporation

13.
This type of business is owned by one person.
a)
Partnership
b)
Sole Proprietorship
c)
Corporation
d)
Franchise
14.
This type of business is owned by two or more people.
a)
Sole Proprietorship
b)
Partnership
c)
Corporation
d)
Franchise
15.
A target market can be described as the 
a)
direction the market is headed
b)

certain group of customers that a business seeks to attract

c)
way a business draws its customers
d)
sample of the market
16.

A _____ is a particular group of consumers at which a product or service is aimed.

a)

target market

b)

differentiated offering

c)

the people

d)

a patent