FBLA Sports & Entertainment Management Example Test Questions and Answers 100% Correct

What is the bottom line for sports and entertainment events? - ANSWER-Profit Employee performance is evaluated in relation to a company's what? - ANSWER-Mission Revenue earned by the NFL is shared among: - ANSWER-32 member teams New stadiums are not financed with what? - ANSWER-High ticket prices Is packaging an example of a product extension? - ANSWER-No Should the quality of a "strong self-understanding" describe a leader? - ANSWER-Yes What addresses the procedures necessary to ensure facility accessibility for all citizens? - ANSWER-ADA Does game day image involve the opponent? - ANSWER-No A manager knows when a team is not functioning properly when there is: - ANSWER-Failure to accomplish goals and tasks The financial form that projects attendance and revenue necessary to successfully undertake an entertainment event is the: - ANSWER-Proforma Sports marketing involves the creation and maintenance of what? - ANSWER-Satisfying exchange relationships Gathering and using information about customers to improve business decision making involves what? - ANSWER-Marketing-information management Due to the large television audience for the Super Bowl, a 30-second commercial can cost up to how much money? - ANSWER-$2 million What segmentation focuses on a customer's attitude toward products and services? - ANSWER-Behavioral-based What is the control of financial and personal injury loss from sudden, unforeseen, and unusual accidents and intentional torts? - ANSWER-Risk management