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Sports Management Exam Solved Correctly 2025 New Update

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Sports Management Exam Solved Correctly 2025 New Update The USOC is an example of... - Answer- A National Organization Committee The USOC is the organization mandated by congress under the amateur sports act of 1978 to do which of the following? - Answer- All of the above International Federations - Answer- All of the above The US Paralympics are a division of the US Olympic Committee - Answer- True An OCOG identifies and targets its own sponsors, but must have approval from both the IOC and NOC - Answer- True _____________ gives a team a portion of various league wide revenues (expansion fees, national television revenue, gate receipts, and licensing revenues) - Answer- Revenue Sharing In professional sports, the commissioner has discretionary power in all of the above areas except - Answer- Resolution of disputes over player compensation A restrictive system used to limit a free and open market so that owners retain the rights to players and control salary expenditures is... - Answer- Reserve System A list of reserved players that was sent to each team in MLB; the teams' had a gentleman's agreement not to offer contracts to any players on the list, thus keeping players bound to their teams - Answer- Reserve List A clause in a players' standard contract that gives a team the option to renew the player for the following season - Answer- Reserve Clause Who is often called the first sports agent? - Answer- C.C Pyle A collective bargaining agreement is... - Answer- A contract for all players in the league The most devastating problem that an athlete may have with his agent is probably... - Answer- Income managment The joining together of two or more companies to capitalize on a sponsorship is known as - Answer- Cross-Promotion _____________ is the promotion and creation of new benefits to offset existing perceptions - Answer- Benefit selling The Los Angles Olympic Games were able to make a profit for the host city because of the large number and diversity of corporate sponsorships they signed - Answer- False A team's delivery of unique content, breaking news, and authentic insider information though its social media marketing can actually drive fan behavior - Answer- True For a sport organization to deliver engaging content thought social media, social media managers must listen to and learn from consumers rather then just disseminate infromation - Answer- True Teams and sport organizations must establish objectives before developing and measuring social media and marketing strageies - Answer- True Discuss the four methods of fees charged by agents - Answer- Flat fee, percent fee, hourly, and mix of hourly and percentage There are 4 factors that cause sports consumers to purchase or not purchase a product or service: - Answer- Quality Quantity Time - life can dictate whether a consumer has the time to consume the product Cost Explain the three Sports Agency Firms - Answer- Full service (Covers everything/finance/contracts/marketing) Law only (Contracts only) Sports Management firm (sport management firm affiliated with law firm) List the five key problems in sports agency which is considered unethical behavior - Answer- Income mismanagement Incompetence Conflicts of interest Charging of excessive fees Overly aggressive client recruitment List the Olympic Parter Sponsors for the International Olympic Committee - Answer- Coca Cola- all nonalcoholic drinks Atos- Technology Visa- Consumer Payment McDonalds- Food services Omega- Timing and scoring Samsung- Wireless communication Panasonic- TV, audio equipment Acer- Computers, technology Sports sales consist of four ingredients - Answer- Identifying consumer, get though to them, increase awareness, act on it

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Sports Management Exam Solved
Correctly 2025 New Update
The USOC is an example of... - Answer- A National Organization Committee

The USOC is the organization mandated by congress under the amateur sports act of
1978 to do which of the following? - Answer- All of the above

International Federations - Answer- All of the above

The US Paralympics are a division of the US Olympic Committee - Answer- True

An OCOG identifies and targets its own sponsors, but must have approval from both the
IOC and NOC - Answer- True

_____________ gives a team a portion of various league wide revenues (expansion
fees, national television revenue, gate receipts, and licensing revenues) - Answer-
Revenue Sharing

In professional sports, the commissioner has discretionary power in all of the above
areas except - Answer- Resolution of disputes over player compensation

A restrictive system used to limit a free and open market so that owners retain the rights
to players and control salary expenditures is... - Answer- Reserve System

A list of reserved players that was sent to each team in MLB; the teams' had a
gentleman's agreement not to offer contracts to any players on the list, thus keeping
players bound to their teams - Answer- Reserve List

A clause in a players' standard contract that gives a team the option to renew the player
for the following season - Answer- Reserve Clause

Who is often called the first sports agent? - Answer- C.C Pyle

A collective bargaining agreement is... - Answer- A contract for all players in the league

The most devastating problem that an athlete may have with his agent is probably... -
Answer- Income managment

The joining together of two or more companies to capitalize on a sponsorship is known
as - Answer- Cross-Promotion

_____________ is the promotion and creation of new benefits to offset existing
perceptions - Answer- Benefit selling

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