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SEM II 1.01-1.05 Review
Test Description: Exam Review
Instructions: Answer all questions to get your test result.
1) The National Hockey Association drafted Ty Hartman. Ty hired Amanda Bingham to help him make sound business decisions, and to negotiate endorsement contracts with well-known companies. Amanda serves which role for Ty?
A
Sponsor
B
Mentor
C
Agent
D
Publicist
2) Who do athletes sometimes hire to help them organize charity tournaments?
A
Recruiters
B
Marketing firms
C
Agents
D
Sponsors
3) Which is an activity that agents perform on behalf of the athletes they represent?
A
Team valuation services
B
Various contract negotiations
C
Hall of fame endorsements
D
Team contract negotiations only
4) The best way to avoid buying counterfeit tickets to a game or event is to purchase them from where?
A
Reputable scalpers
B
Official ticket outlets
C
Unknown or unfamiliar third parties
D
Online auction sites
5) Which law makes restraining free trade and competition illegal?
A
The National Labor Relations Act
B
The Lanham Act
C
The Sports Broadcasting Act of 1961
D
The Sherman Antitrust Act
6) Which is an unacceptable place to use an athlete’s or celebrity’s identity without permission?
A
In a magazine
B
In a book
C
On the news
D
On a company’s advertisements
7) When a league blocks the broadcast of a certain game in a territory, it is known as which activity?
A
Injunction
B
Blackout
C
Right of publicity
D
Antitrust violation
8) Which is an unfair, anti-competitive trade practice in sports or event marketing?
A
Employee strike
B
Loss prevention
C
Sponsorship exclusivity
D
Trademark infringement
9) When negotiated agreements between the players’ union and the owners’ organization are unreachable, the players might vote to determine if they should do which activity?
A
Play for international leagues
B
Ask for fan support
C
Go on strike
D
Become free agents
10) When professional athletes’ unions negotiate salaries, playing conditions, and contract terms as a single unit, they are engaging in which activity?
A
Collective bargaining
B
Competitive advantage
C
Labor resistance
D
Free agency
11) Salaries, contracts, and profit sharing are often the issues that create conflicts between sports’ leagues and which other party?
A
Team owners
B
Sponsoring organizations
C
Associations of players
D
Individual managers
12) Which is an example of a governing body in the sports industry?
A
Rahal Letterman Lanigan Racing
B
Washington Nationals baseball team
C
International Olympic Committee
D
NCAA Men’s Basketball Championship
13) Which are trade barriers that are likely to limit a sports equipment manufacturer’s ability to export its products to foreign countries?
A
Globalization and embargoes
B
Trade agreements and industrialization
C
Licenses and outputs
D
Quotas and tariffs
14) Which presents the greatest challenge for U.S. companies when developing a plan to sell movies in foreign countries?
A
Cost of foreign monetary exchanges
B
Uncertainty about government policies
C
Language barrier in promotions
D
Lack of interest by foreign customers
15) When a sporting-goods manufacturer decides to sell to businesses located in another country, it should consider which situation about the country?
A
Trade restrictions
B
Selling motives
C
Profit margins
D
Cost of goods
*select an answer for all questions
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