Exam Questions with Correct Answers 100%
PASS
Define Sponsorship - CORRECT ANSWER-The act of providing financial or
other support to a sport/event in exchange for public exposure.
What are three factors a business should consider so that it selects a sport/event
sponsorship that will achieve its marketing goals? - CORRECT ANSWER-1.)
Their budget
2.) The audience they want to reach
3.) If they can afford a cash contribution or if they can supply community
goodwill.
Explain how a small business can be a sponsor without paying a cash fee. -
CORRECT ANSWER-Instead of contributing through cash, these businesses will
contribute through supplies. The supplies might include, for example, water
bottles, jerseys, etc.