Exam 3: Understanding the Marketing Environment

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Identify and explain the factors of an external environment.

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A permanent shift in consumer behavior occurred in respect to the purchase of season tickets for professional sports.To meet this change,a strategy that most professional teams took was to

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Approaches to identifying strengths and weaknesses of a sports brand include the following except

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In a SWOT analysis,the ________ are external to the firms and indicate occurrences or trends taking place beyond the walls of the organization.

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According to the opening vignette,recent changes in foodservice at sporting events include the following except

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The following statements about good objectives are true except

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Methods of collecting primary data include the following except

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The Buying Power Index estimates local market buying power based on disposable income,retail sales,and population of the market area.

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Sports that entail higher levels of risk to participants typically face greater government regulations.

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Generic competition involves brands or firms that

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The first step in the strategic planning process is to

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Objectives are general statements about what an organization wants to be or become.

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Anthony is reviewing the SWOT analysis conducted by his marketing team.The following were identified as opportunities.Which one is not an opportunity?

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Desired outcomes that have direct impact on an organization's revenues or profits are

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The total number of hours Americans spend on leisure activities (weekdays plus weekends)is approximately ________ hours per week.

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What is the difference between goals and objectives? What are the characteristics of good objectives? Provide an example of a good objective relating to the ticket sales of football games for your university.

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In terms of marketing to women,an area where sports properties have made significant progress is

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Anthony is reviewing the SWOT analysis conducted by his marketing team.The following were identified as threats.Which one is not a threat?

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The external environment should most likely be monitored on a regular basis because of

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In collecting primary data,________ methods tend to be more costly and have relatively low response rates.

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