FBLA Sports & Entertainment Management Test

Flashcard
•
Business
•
12th Grade
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is a primary consideration when planning an event?
Choosing a theme,
Selecting a date,
Estimating attendance,
All of the above
Back
All of the above
2.
FLASHCARD QUESTION
Front
What is a key element of successful marketing strategies in sports and entertainment? Options: High prices, Limited availability, Generalized messaging
Back
Targeted advertising
3.
FLASHCARD QUESTION
Front
In talent management, what is crucial for maintaining a positive relationship between the talent and the management team? Options: Strict contracts, Regular communication, Minimal interaction, High compensation
Back
Regular communication
4.
FLASHCARD QUESTION
Front
Which of the following is a common method for revenue generation in the sports and entertainment industry? Ticket sales, Merchandising, Sponsorships, All of the above
Back
All of the above
5.
FLASHCARD QUESTION
Front
What is an important factor to consider in sponsorship negotiation? Options: The popularity of the event, The values alignment between the sponsor and the event, The duration of the sponsorship, All of the above
Back
All of the above
6.
FLASHCARD QUESTION
Front
Which of the following best describes risk management in sports and entertainment management? Ignoring potential risks, Transferring all risks to another party, Identifying, assessing, and prioritizing risks, Focusing solely on financial risks
Back
Identifying, assessing, and prioritizing risks
7.
FLASHCARD QUESTION
Front
Effective business management in the sports and entertainment industry often requires:
Back
Strong leadership and strategic planning
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