# | Concept | Culture | Statement | Freq. |
---|---|---|---|---|
1 | racing sponsorship | Asia | Less common for companies to sponsor racing events and teams due to cultural and regulatory reasons | 1 |
2 | sponsorship | Asia | Prominent in the esports and gaming industry, with companies often sponsoring professional gaming teams and tournaments to reach a tech-savvy and younger demographic. | 1 |
3 | sponsorship | East Asia | Seen as a way for companies to demonstrate loyalty and support to long-standing business partnerships, often involving formal ceremonies and exchange of gifts. | 1 |
4 | sponsorship | South Asia | Widely practiced as a means for companies to gain visibility and recognition in a competitive market, especially in the media and entertainment industry. | 1 |