SEM1 1.01-1.02 Study Guide Question Preview (ID: 37897)


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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

The core benefits to customers who purchase sport products include entertainments , health , and
a) Promotion
b) Independence
c) Achievement
d) Adaptability

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

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

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

Which of the following help create the excitement and enthusiasm that make the games what they are
a) Team owners
b) Coaches
c) Trainers
d) Spectators

A characteristic of an event is that it is produced and consumed
a) During planned intervals
b) At the same time
c) By the same group of people
d) In unemotional ways

Which of the following is a 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

One of the main difference between professional and amateur athletes is that for professionals , the game is often
a) Their occupation
b) Closed to the public
c) Free of charge
d) Played for enjoyment

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

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