Question: Question 1 7 ( Mandatory ) ( 2 0 points ) Match the following terms to the appropriate description or definition. Risks to sport sponsors
Question Mandatory points
Match the following terms to the appropriate description or definition.
Risks to sport sponsors
Event Management
Costs associated
with&nbs;sport
sponsorships
What companies seek
from sponsorship deals
Benefit for sport media
broadcast outlets
Sales
Sponsorship
Post Event Evaluation
Contract
Eduselling
Opportunity to sell advertising
space ie commercials
Written or verbal agreement
between two or more parties that
creates a legal obligation to fulfill
promises made in arrangement.
All functions related to the
planning, implementation, and
evaluation of a sporting event
Establishes a baseline
measurement for continued
improvement and success
Revenueproducing element of
marketing
Evolutionary form of selling that
combines needs assessment,
relationship building, customer
education, and aftermarketing.
The exchange of mutual benefits,
which occurs between the
business and sport organization
Poor presentation of an event,
poor performance at an event,
community backlash from
commercialism, poor behavior at
event, and liability risks
exposure and ability to
increase sales
Changing of rules, perception that
the sponsorship is more important
than the event, potential
consequences of naming rights
sponsor going bankrupt, and
sponsorship can damage image of
sport
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