KIDS QUIZ
SPORTS TEAMS AND PLAYERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What revenue stream can run into the billions of dollars for some professional sports teams?
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TV broadcast rights
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Radio broadcast rights
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Web broadcast rights
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Media broadcast rights
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Explanation:
Detailed explanation-1: -What revenue stream can run into the billions of dollars for some professional sports teams? Because sponsorships are sought after so much, sports and entertainment businesses are in complete control and can get the most out of a sponsors using repeat offers to drive the price up.
Detailed explanation-2: -Investopedia defines a marketing strategy as the business’s overall game plan for reaching prospective leads and turning them into customers of the products or services the business provides.
Detailed explanation-3: -Bidding war. When two or more companies try to outbid the other for something, such as a sponsorship opportunity.
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