SEM FINAL EXAM
REVIEW QUESTIONS &
ANSWERS RATED
100% CORRECT!!
SEM
Evatee 9/8/24 SEM
,SEM FINAL EXAM REVIEW QUESTIONS &
ANSWERS RATED 100% CORRECT!!
A unique characteristic of the sport industry is that it seeks to attract markets
that
A. demand mostly tangible products
B. have consumers with artistic talent
C. include spectators and participants
D. are concerned with environmental issues Answer - C. include spectators and
participants
Professional sports teams benefit their surrounding community by
A. endorsing local political candidates.
B. attracting tourist dollars.
C. hiring handlers to make sure athletes behave.
D. making seat licenses available to season ticket holders. Answer - B.
attracting tourist dollars.
The core benefits to customers who purchase sport products include
entertainment, health, and
A. promotion
B. independence
,C. achievement
D. adaptability Answer - C. achievement
The Chamber of Commerce for a large city estimates the income for the city
generated by the sales tax, parking fees, food-service tax, and amusement tax
collected as a result of a rock concert. This is an example of _______________
impact.
A. total
B. indirect
C. fiscal
D. direct Answer - C. fiscal
When a professional football expansion team is established in a community,
the economic impact might result in
A. business closures, job layoffs, and high inflation rates.
B. more tourism, lower tax rates, and high interest rates
C. increased job creation and more consumer spending.
D. higher tax rates and fewer financial investment opportunities. Answer - C.
increased job creation and more consumer spending.
Which of the following usually is a characteristic of the sport/event industry:
A. Manages a worldwide media network
B. Communicates with a limited audience
C. Provides products that are different for each consumer
, D. Employs only those people who have athletic ability Answer - C. Provides
products that are different for each consumer
Promoting and selling an intangible product that is immediately consumed and
cannot be resold is a unique characteristic of ___________ marketing.
A. target
B. mass
C. event
D. direct Answer - C. event
The National Collegiate Athletic Association and the Professional Golfers'
Association are examples of
A. labor unions
B. trade associations
C. sanctioning bodies
D. professional societies Answer - C. sanctioning bodies
Which of the following is an example of marketing the sport event:
A. holding a race for a charitable organization
B. selling food products to a concession stand
C. delivering exercise bikes to retailers
D. distributing information about a NASCAR race Answer - D. distributing
information about a NASCAR race
REVIEW QUESTIONS &
ANSWERS RATED
100% CORRECT!!
SEM
Evatee 9/8/24 SEM
,SEM FINAL EXAM REVIEW QUESTIONS &
ANSWERS RATED 100% CORRECT!!
A unique characteristic of the sport industry is that it seeks to attract markets
that
A. demand mostly tangible products
B. have consumers with artistic talent
C. include spectators and participants
D. are concerned with environmental issues Answer - C. include spectators and
participants
Professional sports teams benefit their surrounding community by
A. endorsing local political candidates.
B. attracting tourist dollars.
C. hiring handlers to make sure athletes behave.
D. making seat licenses available to season ticket holders. Answer - B.
attracting tourist dollars.
The core benefits to customers who purchase sport products include
entertainment, health, and
A. promotion
B. independence
,C. achievement
D. adaptability Answer - C. achievement
The Chamber of Commerce for a large city estimates the income for the city
generated by the sales tax, parking fees, food-service tax, and amusement tax
collected as a result of a rock concert. This is an example of _______________
impact.
A. total
B. indirect
C. fiscal
D. direct Answer - C. fiscal
When a professional football expansion team is established in a community,
the economic impact might result in
A. business closures, job layoffs, and high inflation rates.
B. more tourism, lower tax rates, and high interest rates
C. increased job creation and more consumer spending.
D. higher tax rates and fewer financial investment opportunities. Answer - C.
increased job creation and more consumer spending.
Which of the following usually is a characteristic of the sport/event industry:
A. Manages a worldwide media network
B. Communicates with a limited audience
C. Provides products that are different for each consumer
, D. Employs only those people who have athletic ability Answer - C. Provides
products that are different for each consumer
Promoting and selling an intangible product that is immediately consumed and
cannot be resold is a unique characteristic of ___________ marketing.
A. target
B. mass
C. event
D. direct Answer - C. event
The National Collegiate Athletic Association and the Professional Golfers'
Association are examples of
A. labor unions
B. trade associations
C. sanctioning bodies
D. professional societies Answer - C. sanctioning bodies
Which of the following is an example of marketing the sport event:
A. holding a race for a charitable organization
B. selling food products to a concession stand
C. delivering exercise bikes to retailers
D. distributing information about a NASCAR race Answer - D. distributing
information about a NASCAR race
