Which of the following defines sports and entertainment marketing? Select the two correct answers. (1 point) Responses involves day-to-day operations for teams involves day-to-day operations for teams relies on a single method to promote a brand relies on a single method to promote a brand uses merchandise and live events uses merchandise and live events focuses on team results focuses on team results focuses on expanding audience focuses on expanding audience

The correct answers are:

- Involves day-to-day operations for teams
- Uses merchandise and live events

The correct answers are:

1. Involves day-to-day operations for teams
2. Uses merchandise and live events

Sports and entertainment marketing involves the day-to-day operations for teams and utilizes merchandise and live events to promote a brand. It focuses on expanding the audience and can encompass various methods to achieve this goal. However, it does not rely on a single method or solely focus on team results.

To determine which of the following options defines sports and entertainment marketing, let's analyze each option:

1. Involves day-to-day operations for teams: This is a potential answer as sports and entertainment marketing may involve managing the day-to-day operations of a sports team or entertainment organization.

2. Relies on a single method to promote a brand: This option is not a defining characteristic of sports and entertainment marketing. Marketing strategies in these industries often include multiple methods and channels to promote a brand.

3. Uses merchandise and live events: This is a correct answer as sports and entertainment marketing frequently involves selling merchandise associated with teams or organizing live events such as concerts or sports matches.

4. Focuses on team results: Although the performance of a team or entertainment act may be relevant, it is not a defining characteristic of sports and entertainment marketing. Marketing in these fields encompasses various aspects beyond team results.

5. Focuses on expanding the audience: This is a correct answer as sports and entertainment marketing often aims to reach a broader audience and attract new fans or consumers.

Based on this analysis, the two options that define sports and entertainment marketing are:

1. Involves day-to-day operations for teams
3. Uses merchandise and live events