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Exam (elaborations)

SEM 310 EXAM 1 || with 100% Accurate Solutions.

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  • Course
  • SEM 310
  • Institution
  • SEM 310

The SEM industry is about... correct answers The experience - what we sell, buy, and engage in the central theme that defines/identifies the experience correct answers the brand most SEM decisions are made based off of... correct answers data and marketing research 4 c's of entertainment...

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  • October 31, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SEM 310
  • SEM 310
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FullyFocus
SEM 310 EXAM 1 || with 100% Accurate Solutions.
The SEM industry is about... correct answers The experience
- what we sell, buy, and engage in

the central theme that defines/identifies the experience correct answers the brand

most SEM decisions are made based off of... correct answers data and marketing research

4 c's of entertainment correct answers Content
Conduit
Consumption
Convergence

-based on creativity and talent
-copyright protection
-production correct answers content

getting the content in a form where it can be delivered to the consumer correct answers
production

-the process of distributing the content
-where and how content gets distributed correct answers conduit

how the consumer is going to take in and enjoy the product correct answers consumption

creating, transmitting, and capturing content in the new technology of a digital format that can be
listened to in a global environment correct answers convergence

developing value (4) correct answers 1. financial
2. human
3. social
4. cultural

The League (3) correct answers -levels
-ownership
-rules

Teams (4) correct answers -location
-names
-branding
-stadiums

players (5) correct answers -stars
-role players
-unions

, -support players
-agents

Revenue sources for the sports industry: correct answers -sponsors
-ticket sales
-merchandising/licensing. broadcasting rights
-in stadium activities
-NFT: non-refundable token
-stadiums: event rental
-NIM: Name, Image, Likeness
-gambling

The circle of fandom correct answers -core fans
-inner core
-outer core
-fringe
-community

league ownership structure correct answers 1. single entity
2. distributive

single entity owner: correct answers one group owns all of the teams/rights
-limits pool of new people
-limits the amount of incentive
-keeps an even level of competition

nascar is an example of what kind of ownership correct answers single entity

distributive ownership correct answers -decision making: one owner, one vote
-committees: finance rules (policies)
-rev/profit sharing
-commisioner

the NFL is an example of what kind of ownership correct answers distributive

ways in which revenue is shared in leagues: correct answers 1. evenly
2. socialist
3. capitalist

team ownership models: correct answers 1. single owner/private investor
2. multiple owners/syndicate model
3. publicly traded teams

team objectives correct answers -win
-financial considerations
---make profit

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