Question: a. There is a growing concern that baseball as a game is losing its connection with children and teenagers as they are drawn to faster-paced
a. There is a growing concern that baseball as a game is losing its "connection" with children and teenagers as they are drawn to faster-paced games, such as basketball or soccer. Additionally, many young people are pursing more individual-oriented sports which traditionally have not been that popular. Furthermore, one recent study indicated that African-Americans make up only 8% of the full roster of major baseball players while their proportion of the US population hovers around 13%. Young people are also spending more of their time doing other things than playing baseball. Thus, there is concern that the changes in the __________ environment could lead to baseball's decline in future decades as America's favorite passtime.
technological
none of the above
economic
political
social and cultural
b. Major League Baseballs regular season ballpark average attendance dropped for the third straight season, falling 1% in 2010. The 30 major league teams combined to draw 73.06 million fans in 2010 for an average of 30,067 fans per game according to Stats LLC. Last year there were 74.42 million fans or 30,350 average fans per game. Major League Baseball set attendance records in 2007, with a total of 79.5 million and average game attendance of 32,785. One of explanations behind this drastic decline in fan attendance at major league parks since 2007 is the decline in family discretionary income caused by job losses and the global economic recession. This decline will likely lead the MLB to come up with creative discounts and new promotions for next season in order to demonstrate its responsive to the ____________ environment.
political/legal environment
economic environment
social and cultural environment
none of the above
technological environment
c. Blockbusters bold guarantee that its customers will be able to find a new movie video, or will they receive a free rental (Who in the class is old enough to remember this chain of video renting stores?) tor Burger Kings intensified promotional strategy attacking McDonalds french fries are examples of what form of aggressive marketing opportunity strategy (Hint: expanding sales of existing products in existing markets by going head to head with key competitors). Editor's Note this is a tribute question to Blockbuster, which was once a leader in the home entertainment market, but lost its edge and market to Red Box, Netflix, and others; sort of the same way Research in Motion in recent years saw its market share of Blackberry's fall to Apple and Google.
market penetration
diversification
none of the above
market development
product development
d. During the 1980s, Sears attempted to become a financial supermarket as well as a mass merchandiser by adding new products for new markets, such as insurance services (All State), real estate services (Coldwell Banker), brokerage services (Dean Witter), and credit cards (Discover). Sears attempt to move into these new totally new lines business is an example of:
none of the above
product development
market penetration
market development
diversification
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
