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Sports and Entertainment Marketing Chapter 1

Total questions: 31

Worksheet time: 21mins

Name
Class
Date
1.

Simply defined, marketing is the creation and maintenance of satisfying exchange relationships. 

a)

True

b)

False

2.

Success in sports and entertainment marketing depends upon evaluating events and goods to determine how well they meet customer needs.

a)

True

b)

False

3.

Discretionary income is the amount individuals earn before deductions are removed from the pay.

a)

True

b)

False

4.

Selecting a good city to host the Super Bowl is an example of distribution of entertainment.

a)

True

b)

False

5.

It is important to create effective promotion plans that reach the largest audiences at the most cost-effective price.

a)

True

b)

False

6.

Any direct and personal communication with customers to assess and satisfy their needs is considered product/service management.

a)

True

b)

False

7.

Consumer demand has little to no impact on prices assigned to sports and entertainment events and goods.

a)

True

b)

False

8.

Influencing how people choose to spend their time and money on entertainment is the purpose of entertainment marketing.

a)

True

b)

False

9.

Spectators of sporting events are the potential consumers of a wide array of products including apparel, food, automobiles, and athletic equipment.

a)

True

b)

False

10.

Ambush marketing takes place when an organization is the sole sponsor of an event.

a)

True

b)

False

11.

Marketing is the creation and maintenance of

a)

sales

b)

satisfying exchange relationships

c)

a favorable image

d)

financial resources

12.

To satisfy customer needs, you must do all of the following except

a)

charge prices to maximize company profits

b)

identify your customer

c)

develop products that customers consider better than other choices

d)

operate the business profitably

13.

Domino’s Pizza offering more than 20,000 prizes in a March Madness Social Media Sweepstakes is an example of the __________ element of the marketing mix. 

a)

product

b)

distribution or place

c)

price

d)

promotion

14.

Product/service management involves __________ products.

a)

developing

b)

maintaining

c)

improving

d)

all of the above

15.

Gathering and using information about customers to improve business decision making involves

a)

marketing-information management

b)

promotion

c)

product/service management

d)

distribution

16.

Financing

a)

is one of the six core standards of marketing

b)

involves budgeting for marketing activities

c)

involves offering customers different forms of payment for a company’s products or services

d)

both b and c

17.

Fisher Price tests new toy ideas with children and parents to make sure kids enjoy playing with the toys. This is an example of

a)

product management

b)

selling

c)

promotion

d)

distribution

18.

Gross impressions do not

a)

involve televised sports or entertainment events

b)

involve the number of times a product is associated with a successful athlete

c)

occur accidentally

d)

influence consumer purchases

19.

Which type of television program features average, everyday people and costs little to produce?

a)

sitcoms

b)

documentaries

c)

reality shows

d)

sporting events

20.

To which of these activities does the term entertainment generally not apply?

a)

movies

b)

football games

c)

music concerts

d)

fine arts performances

21.

__________ is the creation and maintenance of satisfying exchange relationships.

a)

Marketing

b)

Entertainment

c)

Sports

d)

Tacos

22.

(a)   involves the locations and methods used to make products available to customers.

23.

(a)   is the amount of money individuals have available to spend after paying for the necessities of life and other fixed expenses.

24.

The (a)   describes how a business blends the four marketing elements of product, distribution, price, and promotion.

25.

(a)   is the means of making customers aware of products and encourages them to buy.

26.

(a)   is any direct and personal communication with customers to assess and satisfy their needs.

27.

(a)   involves gathering and using information about customers to improve business decision making.

28.

(a)   include the age range, marital status, gender, and income level of individuals in a group.

29.

The purpose of (a)   is to influence how people choose to spend their time and money on entertainment.

30.

(a)   indicate the number of viewers the programming attracts.

31.

What are the four elements of the marketing mix?

(a)