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ESP Refers to

question 207

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ESP refers to

Comprehend the importance of social media in engaging and interacting with fans and consumers.
Grasp the various functions and tasks of PR departments and professionals in sports, entertainment, and tourism.
Understand the concept and impact of corporate sponsorships and naming rights in sports.
Recognize the significance of tourism to the global economy and its employment opportunities.

Definitions:

Costs

Costs related to producing goods or services, comprising materials, labor, and overhead costs.

Profit Centers

Divisions or segments of a business that directly contribute to its profits through their activities and performance.

Incentives

Motivations or rewards designed to encourage specific behaviors or actions from people or organizations.

Information

Data that is processed, organized, or presented in a manner that adds value or understanding to the recipient.

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