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How would declining consumer confidence and sentiment most likely affect sports brands?
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
Consumers have a limited amount of money they can spend. When an individual thinks about paying bills, saving money, purchasing food, buying gas for the car, or purchasing clothes instead of purchasing a ticket to a professional basketball game, it i
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
Technology can impact sports in the following ways except by
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
Sociodemographic trends that have recently impacted sports marketing include the following except
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
The external environment should most likely be monitored on a regular basis because of
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
A hockey team in Cincinnati has to consider other forms of entertainment, such as water parks, movie theaters, and even dining out, as competitors. This situation describes
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
The economic indicator that tracks monthly changes in the amount consumers spend for a representative basket of goods and services is the
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
Competition for sports entertainment can be classified as each of the following categories except
ticket sales will decline, a businesses will be more reluctant to invest in sponsorship
category competition
offering new ways of direct consumption
Consumer Price Index
generic competition
increased leisure time
frequent environmental changes
price competition
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