Mrs. Johnson's Classroom
CH 5 - Final Review NOTES!
CompuScholar - Instructions
Indicates required field
Understanding Marketing Concepts and Thinking Critically
DIRECTIONS: Read pages 32-35 in your textbook. Using these pages, answer the following questions. You will need to READ, ANALYZE, and EXPLAIN your thoughts in complete sentences. Press SUBMIT when you are done. When you press SUBMIT it sends this assignment directly to my email, website and iPad!
#1: Macroeconomics is
the study of Sports and Entertainment Marketing
the study of the economics of the entire society
the study of the relationship between individual consumers and producers
none of the above
#2: Having a profit motive means
changing high prices
increasing the number of products offered
producing what consumers want
making decisions to use resources in ways that result in the greatest profit
#3. Think of a sport OR entertainment event you have attended. How could the form utility have been improved?
#4. Select a country OTHER than the US in which you could attend a sporting event. (You may use the internet to research data for this question.) #1:Name the country. #2: Name the sport. #3: Name the location/venue of the event. #4: How could you get tickets. #5: State how the POSSESSION UTILITY could be improved for you. (must answer all five parts to get credit)
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