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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
Mentor
C
Sponsor
D
Publicist
2) Who do athletes sometimes hire to help them organize charity tournaments?
A
Agents
B
Recruiters
C
Sponsors
D
Marketing firms
3) Which is an activity that agents perform on behalf of the athletes they represent?
A
Hall of fame endorsements
B
Various contract negotiations
C
Team valuation services
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
Unknown or unfamiliar third parties
B
Online auction sites
C
Official ticket outlets
D
Reputable scalpers
5) Which law makes restraining free trade and competition illegal?
A
The Sherman Antitrust Act
B
The Lanham Act
C
The Sports Broadcasting Act of 1961
D
The National Labor Relations Act
6) Which is an unacceptable place to use an athlete’s or celebrity’s identity without permission?
A
On the news
B
In a book
C
On a company’s advertisements
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
Injunction
B
Right of publicity
C
Antitrust violation
D
Blackout
8) Which is an unfair, anti-competitive trade practice in sports or event marketing?
A
Sponsorship exclusivity
B
Trademark infringement
C
Employee strike
D
Loss prevention
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
Become free agents
C
Ask for fan support
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
Collective bargaining
C
Competitive advantage
D
Labor resistance
11) Salaries, contracts, and profit sharing are often the issues that create conflicts between sports’ leagues and which other party?
A
Sponsoring organizations
B
Individual managers
C
Associations of players
D
Team owners
12) Which is an example of a governing body in the sports industry?
A
NCAA Men’s Basketball Championship
B
Rahal Letterman Lanigan Racing
C
Washington Nationals baseball team
D
International Olympic Committee
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
Licenses and outputs
C
Trade agreements and industrialization
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
Lack of interest by foreign customers
B
Uncertainty about government policies
C
Cost of foreign monetary exchanges
D
Language barrier in promotions
15) When a sporting-goods manufacturer decides to sell to businesses located in another country, it should consider which situation about the country?
A
Selling motives
B
Profit margins
C
Cost of goods
D
Trade restrictions
*select an answer for all questions
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