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Exam (elaborations)

FBLA Sports Management UPDATED ACTUAL Exam Questions and CORRECT Answers

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FBLA Sports Management UPDATED ACTUAL Exam Questions and CORRECT Answers borrowed equity - CORRECT ANSWER - using the appeal of an event to market a product. exchanges - CORRECT ANSWER - transaction between a producer & consumer. producers - CORRECT ANSWER - an individual that supplies a product or service.

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Institution
FBLA
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FBLA

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FBLA Sports Management UPDATED
ACTUAL Exam Questions and CORRECT
Answers
borrowed equity - CORRECT ANSWER - using the appeal of an event to market a product.



exchanges - CORRECT ANSWER - transaction between a producer & consumer.



producers - CORRECT ANSWER - an individual that supplies a product or service.



consumers - CORRECT ANSWER - an individual that uses a product or service.



sports marketing - CORRECT ANSWER - the application of marketing principles to sports
and nonsports products through sports


sports - CORRECT ANSWER - a source of diversion engaged in for pleasure.



marketing of sports - CORRECT ANSWER - marketing principles used to market a team.



marketing thru sports - CORRECT ANSWER - marketing of a non-sports product during a
sporting event.


sports agent - CORRECT ANSWER - intermediary that markets talent and determines an
athlete's worth in a market.


sports intermediary - CORRECT ANSWER - organization that markets an event.



amateur - CORRECT ANSWER - an athlete which is NOT monetarily paid.

, audience - CORRECT ANSWER - all individuals at or exposed to an event.



behavioral segmentation - CORRECT ANSWER - segmentation based on rate of use.



consumer - CORRECT ANSWER - an individual which uses a product or service.



demographics - CORRECT ANSWER - segmentation based on measurable statistics.



customer - CORRECT ANSWER - an individual that makes a purchase.



gate receipt - CORRECT ANSWER - total money from ticket sales for an event.



geographics - CORRECT ANSWER - segmentation based on area, region, or climate.



market segment - CORRECT ANSWER - separating consumers into smaller groups.



niche market - CORRECT ANSWER - a relatively small market with specialized need.



organized sport - CORRECT ANSWER - a sport which is overseen by a sanctioning body.



professional - CORRECT ANSWER - an athlete which is monetarily paid for performance.



psychographics - CORRECT ANSWER - segmentation based on personal interest and
activities.


sport - CORRECT ANSWER - a source of diversion or activity engaged in for pleasure.

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Institution
FBLA
Course
FBLA

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Uploaded on
January 23, 2025
Number of pages
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Written in
2024/2025
Type
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Questions & answers

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