Sponsorships Crossword Puzzle
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QUESTIONS LIST:
- sponsors: organizations, firms, or individuals that give teams money in exchange for naming rights and advertising rights on stadium signage.
- signage: the collective use of signs, symbols, or design. stadiums may reserve areas where sponsors can use signage for advertising purposes.
- naming rights: the exclusive right of a sponsor to have its name and logo on a stadium.
- negotiation: the process through which two or more parties with competing interests reach an agreement.
- brand: an image, logo, or name that consumers associate with a particular company.
- association principle: a principle holding that people simplify decision making by relying on visceral responses to questions related to topics such as peer acceptance or rejection.
- passion transference: a term used to describe the process by which fans of a sports team strengthen their allegiance to brands associated with that team.
- bidding war: when two or more companies try to outbid the other for something, such as a sponsorship opportunity.
- profit margin: the income a team is left with after paying operating and administrative expenses.
- tv broadcast rights: the rights to broadcast a team’s games on tv (and often the internet).
- perceived value: the value attached to something—such as a sports sponsorship—by the person seeking to acquire it.