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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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Answer: D. Moral relativism

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4 years ago

Brooklyn sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit sales of 33

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Answer:

E. not change.

Explanation:

The break even point is a point at which the company produces a quantity at which it does not earn any profit or face any losses, so it is a point where the revenues are equal to cost. The break even quantity depends on the fixed cost, variable cost and price of the product and not on the quantity sold. So when the Brooklyn Unit sales are 300 units less than expected it wont change the break even point because the break even point has no relation to it.

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3 years ago

Marginal revenue can become negative for A. both competitive and monopoly firms. B. monopoly firms but not for competitive firms

Lena [83]

Answer:

B. monopoly firms but not for competitive firms.

Explanation:

Marginal revenue can become negative for monopoly firms but not for competitive firms.

A monopolist’s marginal revenue is always less than or equal to the price of the good.

Marginal revenue is the amount of revenue the firm receives for each additional unit of output. It is the difference between total revenue – price times quantity – at the new level of output and total revenue at the previous output (one unit less).

Since the monopolist’s marginal cost curve lies below its demand curve. When a monopoly increases amount sold, it has two effects on total revenue:

– the output effect: More output is sold, so Q is higher.

– the price effect: To sell more, the price must decrease, so P is lower.

For a competitive firm there is no price effect. The competitive firm can sell all it wants at the given price.

So the marginal revenue on a monopolist's additional unit sold is lower than the price, <u>because it gets less revenue for selling additional units.</u>

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3 years ago

A software development project at day 70 exhibits an actual cost of $78,000 and a scheduled cost of $84,000. The software manage

Rina8888 [55]

Answer and Explanation:

Given:

Actual time (AT) = 70 days

Actual cost (AC) = $78,000

Scheduled cost (SC) = $84,000

Earned value (EV) = $81,000

Computation of cost variance:

Cost variance = Earned value - Actual cost

Cost variance = $81,000 - $78,000

Cost variance = $3,000

Computation of schedule variance:

Schedule variance = Earned value - Scheduled cost

Schedule variance = $81,000 - $84,000

Schedule variance = - $3,000

Computation of Cost schedule Index (CSI):

Cost schedule Index = EV² / (AC × SC)

Cost schedule Index = ($81,000)² / ($78,000 × $84,000)

Cost schedule Index = 1.00137363

Cost schedule Index = 1.001 (Approx)

Computation of time variance:

Time variance = (AT × CSI) - AT

Time variance = (70 × 1.001) - 70

Time variance = (70.07) - 70

Time variance = 0.07 days

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3 years ago

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oksian1 [2.3K]

Answer:

B) The money they saved in the past is worth less in the future

Explanation:

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3 years ago