Who broke the color barrier in professional baseball in 1974?
Jackie Robinson
Mark H. McCormack
Sport products are ancillary items such as mascot and halftime entertainment.
TRUE or FALSE
FALSE
Target Market
Profit
What rule in some professional sport places a limit on the total compensation a team can use for players' salaries?
What was the first sport management and marketing agency?
A. the Bonham Group
B. International Management Group
C. ARL Properties
D. SFX sport Group
International Management Group
____________ is an agreement between a sport organization or sport event and a business or corporate partner in which the latter pays a fee to affiliate with the sport organization.
Sponsorship
reference
The economics of sport is the study of how people in the sport industry deal with ___________.
Scarcity
Professional sport can be traced to ancient __________.
Greece
Which of these would be classified as a specialty sport management and marketing agency?
A. Excel Sports
B. 16W Marketing
C. GMR Marketing
D. Octagon
Excel Sports
What does SWOT stand for?
Strengths, Weaknesses, Opportunities and Threats.
A positive level of arousal is called __________.
Eustress
The study of the behavior of individuals businesses and households is called _____________.
Microeconomics
What was the second professional sport league that formed in 1917?
NHL
_________ are individuals or groups responsible for controlling the flow of proposals or solicitations to the decision maker.
Gatekeepers
Players, owners, and team management are ___________ factors that affect the market climate.
A. internal
B. mid-level
C. top-level
D. external
internal
When you buy a product and then question your judgment about it, you are experiencing cognitive _____________.
Dissonance
The law of ____________ states that consumers will demand less of a product as its price increases and more as its price falls.
Demand
What exemption pertains to Major League Baseball (MLB) but to no other professional league?
The Sherman Antitrust Act
_____________ is a full- service sport management and marketing agency and was the first true global agency.
Endeavor (formerly WME/IMG)
What are the 4 elements of the marketing mix?
Product, Price, Place, Promotion
Researchers have identified 3 key motives for participating in sport. Name Them?
Achievement, Social interaction, Mastery
What process helps control salaries in the NFL and the NBA?
A. Free Agency
B. Collective bargaining
C. Reserve clause
D. Economic Interaction
Collective Bargaining