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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
Agent
B
Sponsor
C
Mentor
D
Publicist
2) Who do athletes sometimes hire to help them organize charity tournaments?
A
Agents
B
Sponsors
C
Recruiters
D
Marketing firms
3) Which is an activity that agents perform on behalf of the athletes they represent?
A
Team valuation services
B
Hall of fame endorsements
C
Various contract negotiations
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
Official ticket outlets
B
Unknown or unfamiliar third parties
C
Reputable scalpers
D
Online auction sites
5) Which law makes restraining free trade and competition illegal?
A
The Lanham Act
B
The Sherman Antitrust Act
C
The National Labor Relations Act
D
The Sports Broadcasting Act of 1961
6) Which is an unacceptable place to use an athlete’s or celebrity’s identity without permission?
A
On the news
B
On a company’s advertisements
C
In a book
D
In a magazine
7) When a league blocks the broadcast of a certain game in a territory, it is known as which activity?
A
Antitrust violation
B
Injunction
C
Right of publicity
D
Blackout
8) Which is an unfair, anti-competitive trade practice in sports or event marketing?
A
Loss prevention
B
Trademark infringement
C
Sponsorship exclusivity
D
Employee strike
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
Become free agents
D
Go on strike
10) When professional athletes’ unions negotiate salaries, playing conditions, and contract terms as a single unit, they are engaging in which activity?
A
Free agency
B
Labor resistance
C
Competitive advantage
D
Collective bargaining
11) Salaries, contracts, and profit sharing are often the issues that create conflicts between sports’ leagues and which other party?
A
Sponsoring organizations
B
Team owners
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
International Olympic Committee
C
Washington Nationals baseball team
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
Licenses and outputs
B
Quotas and tariffs
C
Globalization and embargoes
D
Trade agreements and industrialization
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
Language barrier in promotions
C
Uncertainty about government policies
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
Profit margins
B
Trade restrictions
C
Cost of goods
D
Selling motives
*select an answer for all questions
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