Preview

Mkt452 Quiz Answers

Satisfactory Essays
Open Document
Open Document
2155 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mkt452 Quiz Answers
* Question 1
0 out of 1 points | | | A target marketing segment must be reachable. This includes ______.Answer | | | | | Selected Answer: | A. identifiable and common needs | | | | | * Question 2
1 out of 1 points | | | According to the text, for sports marketers engaged in the strategic sports marketing process, two common goals are attracting more fans and keeping them. Benefit segmentation lies at the heart of these two objectives.Answer | | | | | Selected Answer: | False | | | | | * Question 3
1 out of 1 points | | | According to the text, market segmentation is defined as identifying groups of consumers based on their common needs.Answer | | | | | Selected Answer: | True | | | | | * Question 4
1 out of 1 points | | | Demographic segmentation is used very little in sports marketing, because it is narrow in its scope and the information for this technique is hard to come by.Answer | | | | | Selected Answer: | False | | | | | * Question 5
1 out of 1 points | | | _______ is changing the image or perception of the sports entity in the minds of consumers in the target market.Answer | | | | | Selected Answer: | D. Repositioning | | | | | * Question 6
0 out of 1 points | | | No-alcohol sections, family nights, and singles night at the ballpark would be good examples of segmenting based on _____.Answer | | | | | Selected Answer: | E. psychographics | | | | | * Question 7
1 out of 1 points | | | The market selection decisions are _____.Answer | | | | | Selected Answer: | C. segmentation, targeting, positioning | | | | | * Question 8
1 out of 1 points | | | When the NHL ran ads featuring celebrities, such as Shania Twain, Jim Belushi, and Cuba Gooding Jr., about cracking down on violence (in-game fighting) they were using repositioning.Answer | | | | | Selected Answer: |

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Chapter 8 Quiz

    • 912 Words
    • 4 Pages

    1. If two small perfectly competitive firm merge, the merged firm will be a price taker.…

    • 912 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    M1 Unit 4

    • 3521 Words
    • 15 Pages

    This segmentation is done by demographic, psychographic and behavioural approach. Different criteria of segmentations are as follows:…

    • 3521 Words
    • 15 Pages
    Better Essays
  • Powerful Essays

    mkt311 tb chap8

    • 19883 Words
    • 186 Pages

    NASCAR redirected its marketing efforts when a survey indicated that almost 50 percent of its fans were female. This is an example of psychographic segmentation.…

    • 19883 Words
    • 186 Pages
    Powerful Essays
  • Good Essays

    Mr. Swan has chosen a multiple target market approach putting all hockey and figure skaters in one segment and all public skaters in another. This is not too many segment and all customers fit into a segment. The problem is not enough data was gathered to determine how big each segment is, what the demographics are, how much is the gross domestic product, or better yet gross income measures in each segment. The only goal is to increase profits but Mr. Swan’s hit and miss strategies are not working.…

    • 719 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Personal Finance Quiz

    • 400 Words
    • 2 Pages

    Since M-2 excludes time deposits, M-2 is a less comprehensive measure of the money supply than M-1.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    On one hand, the staggering popularity of sport is due, to no small extent, to the enormous amount of attention provided it by the mass media. On the other hand, the media are able to generate enormous sales in both circulation and advertising based upon their extensive treatment of sport.” The amount of advertising in sport has become very extreme. In almost every aspect of a sport you can find some form of advertising or media being exposed. The players, the coaches, the memorabilia stores, the stadiums, the teams and especially the commercials during televised games, all include media or advertising in some…

    • 1350 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Market Segmentation is that process of breaking down a large market into smaller groups of consumers so that they can market more efficiently. Whether you are a consumer oriented company or a business oriented company you should use Market segmentation.…

    • 882 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Tax Test Answers

    • 970 Words
    • 4 Pages

    | b. Gains on Section 1231 assets may be treated as long-term capital gains, while losses in some cases may be deducted as ordinary losses…

    • 970 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Shank M. D. (2009). Sports Marketing: a Strategic Perspective 4th Addition. Pearson, Prentice Hall. Upper Saddle River, New Jersey.…

    • 975 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Sport Marketing

    • 2100 Words
    • 9 Pages

    All of marketing whether it is in sports or out of sports all revolves around the same basic principles the four P 's. In all of marketing the P 's are: Product, Price, Place and Promotion, however in sport there is an added principle and that is Public relations. Even the best marketers can come up short according to these principles because it does not matter how much you know but rather in a service business such as sport it most important to be able to interact with the consumers. A great…

    • 2100 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Scott Horowitz, February 26, 2014, “Does Sports Marketing Work? How is it measured?” Journal of Brand Strategy, Vol 3 No. 1, Pages 41-50.…

    • 578 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    1. Market segmentation is the selection of groups of people who will be most receptive to a product. The most frequent methods of segmenting include:…

    • 6434 Words
    • 21 Pages
    Better Essays
  • Powerful Essays

    Stp Process

    • 1987 Words
    • 9 Pages

    MARKET SEGMENTATION: The process of dividing a market into relatively similar, identifiable segments or groups. It…

    • 1987 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Sports Marketing

    • 757 Words
    • 4 Pages

    Evaluating the product you are selling is the first step in marketing. You must have a product that people want and are willing to spend money. In sports, for example, the product is the sporting event. The product or event must be pleasing to the consumer so that they will continue to return. Then there is the price. The price must be set so the event will draw as many consumers as possible, but not so high, that few can attend. Determining the price can be a very tricky part to marketing, but it is a very crucial part of marketing. The third step to marketing is place. Choosing a place to hold the sporting event can make or break a business. The venue should be located where it will draw the most consumers traveling from all areas. Promotion consists of all the techniques sellers use to inform…

    • 757 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Market segmentation can be defined as the process of breaking down the total market for a product or service into distinct sub-groups or segments where each segment may conceivably represent a separate target market to be reached with a…

    • 4588 Words
    • 19 Pages
    Powerful Essays

Related Topics