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3 years ago

What is a business in sporta ad entertsnmnt marletongood

Business

1 answer:

Alekssandra [29.7K]3 years ago

3 0

Answer:

Sports marketing is a subdivision of marketing which focuses both on the promotion of sports events and teams as well as the promotion of other products and services through sporting events and sports teams. It is a service in which the element promoted can be a physical product or a brand name. The goal is to provide the client with strategies to promote sports or to promote some other product, service, business or cause through sports. Sports marketing is also designed to meet the needs and wants of the consumers through exchange processes.

These strategies follow the traditional four "P"'s of general marketing: Product, Price, Promotion and Place. Another four "P"’s are added to sports marketing, relating to the fact sports are considered to be a service. The additional 4 P’s are: Planning, Packaging, Positioning and Perception. The addition of the four extra elements is called the "sports marketing mix."

Sports marketing is an element of sports promotion which involves a wide variety of sectors of the sports industry, including broadcasting, advertising, social media, digital platforms, ticket sales, and community relations.

Sports marketing is divided into three sectors. The first is the advertising of sport and sports associations such as the Olympics, Spanish Football league and the NFL, as well as sport teams like Real Madrid and the New York Yankees. The second concerns the use of sporting events, sporting teams and individual athletes to promote various products. The third category is the promotion of sports to the public in order to increase participation.

In the first case, the promotion is directly related to sports. In the second case, the products can but do not have to be directly related to sports. When the promotion is about sports in general, the use of this kind of strategy is called “Marketing of Sports.” When the promotion is not about the sports but sports events, athletes, teams or leagues are used to promote different products, the marketing strategy is denominated “Marketing through sports."When the promotion is about increasing participation among the public, it is called "Grassroots Sports Marketing."To promote the products or services, the companies and associations use different channels such as sponsorships of teams or athletes, television or radio advertisement during the different broadcast sports events and celebrations, and/or advertisement on sporting venues.

“Street marketing of sports” considers sports marketing through billboards on the street and also through urban elements (street lighters and sidewalks, etc.) to help promote and gain publicity during major worldwide sporting events such as the Football World Cup, the Olympic Games, or the Super Bowl.this = Business

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Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold 20,000 Selling price per un

Alex

Answer:

1) Traditional Income Statement

Particulars Value Total Amount

Sales 20,000 units @ $30 = $600,000

Less: Manufacturing Expenses

Cost of goods sold $24,000 + $180,000 - $44,000 $160,000

Gross Margin $440,000

Less: Operating Expenses

Administrative Expense $70,000

Selling expense $120,000 $190,000

Operating Income $250,000

Note: In traditional statement fixed and variable are not segregated and only direct cost associated is subtracted to calculate cost of goods sold, then gross margin is calculated. After that selling and administration expenses are deducted to calculate net operating income.

2) Contribution format income Statement

Particulars Total Amount

Sales 20,000 units @ $30 = $600,000

Less : Variable Costs

Cost of goods sold $24,000 + $180,000 - $44,000 $160,000

Variable selling expense $4 X 20,000 $80,000

Variable Administrative Cost $2 X 20,000 $40,000

Contribution Margin $320,000

Less: Fixed Cost

Fixed Selling expense $40,000

Fixed Administration Expense $30,000

Net operating Income $250,000

Note: In contribution statement fixed and variable expenses are segregated and firstly after deducting variable expense contribution margin on sales is calculated, and then after that deducting fixed cost we get net operating income.

7 0

3 years ago

When a certain price control is imposed on this market, the resulting quantity of the good that is actually bought and sold is s

podryga [215]

Answer: Option A is the most correct option. A price ceiling of $3.00. because it is the maximum amount that can be added to the floor price of that commodity

Explanation: price ceiling is a price regulation process, whereby a group or the government, imposes a maximum amount that can be added to the floor price of that commodity, so that price of goods will not be over expensive for buyers. The floor price is the minimum price that goods can be sold.

P1 is the maximum amount the goods can be sold, while P2 is the floor Price. This makes $3.00 to be the price ceiling, because it is the maximum amount that can be added by the seller on that commodity.

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3 years ago

Miguel, Inc. reported net income of $2.5 million in 2022. Depreciation for the year was $160,000, accounts receivable decreased

Valentin [98]

Answer:

$2,730,000

Explanation:

The opening cash balance is netted off the cash flows from all activities namely; Operating, investing and financing activities to get the closing cash balance.

The operating activities includes elements such as net income, depreciation and amortization, changes in working capital etc.

Given;

Net income = $2,500,000

Depreciation = $160,000

accounts receivable decrease = $350,000 (inflow of cash)

accounts payable decrease = $280,000 (outflow of cash)

net cash provided by operating activities using the indirect approach

= $2,500,000 + $160,000 + $350,000 - $280,000

= $2,730,000

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3 years ago

he hedge ratio of an at-the-money call option on IBM is 0.35. The hedge ratio of an at-the-money put option is -0.65. What is th

Kazeer [188]

Answer:

- 0.30

Explanation:

Given the following :

Hedge ratio of an at-the-money call option on IBM = 0.35

Hedge ratio of an at-the-money put option = - 0.65

Hedge ratio of an at-the-money straddle =?

Hedge ratio of an at-the-money straddle is given by :

(Hedge ratio of an at-the-money call option + Hedge ratio of an at-the-money put option)

Hedge ratio of an at-the-money straddle :

(0.35 + (-0.65))

= (0.35 - 0.65)

= - 0.30

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3 years ago

There is no evidence that giving (blank) to your children makes them hyperactive.

tatiyna

I think its Sugar because that usually what people are talking about when dealing with children.

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3 years ago

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