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S&E M. Chpt1 review
Review(1) Chpt1_LAP Wide World Sports Marketing
| Question | Answer |
|---|---|
| What type of sporting goods are you purchasing when you buy a hat that features the logo of the Miami Dolphins? | Licensed merchandise |
| Promoting and selling an intangible product that is immediately consumed and cannot be resold is a unique characteristic of __________ marketing (1.02 State) | event |
| All people who share similar needs and wants and who have the ability to purchase a given product are called a _____________. | market |
| Businesses that place ads in college football programs are using the sport as a | marketing tool. |
| When you read a magazine article about a star athlete, you are using the product of | sports information |
| What do the unorganized participants in sports have that the organized participants do not have? | Freedom from rules |
| The marketing of sporting goods and services involves a __________ focus. | retail |
| What benefit does a major sporting event or popular sports attraction provide to a city? | Economic |
| Purchase of goods and services for personal use. | consumer market |
| Purchase of goods and services for use in business operation | industrial market |
| Company’s percentage of the total sales volume generated in a given market | market share |
| Group that is identified for a specific marketing program | target market |
| List of information about the target market such as age, income, attitudes, etc | customer profile |
| The four basic marketing strategies of product, place, price, and promotion | marketing mix |