Exam 4: Analyzing the Industry and Market

The most important data that entrepreneurs can collect on potential customers are primary data derived from observation, online or in-person surveys, phone surveys, interviews, and informal focus groups.

(True/False)

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Question 21

The second step in the market research process is ____.

(Multiple Choice)

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Question 22

Porter's Five Forces work has been challenged on several levels. What re the bases of these challenges?

(Essay)

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Question 23

A/An ____ lays out the benefits, distribution channel, product/service, and potential competition for each identified customer segment.

(Multiple Choice)

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Question 24

A new industry goes through volatile and rapid changes as companies and their respective technologies jockey for position and the right to determine industry standards. This is what stage of the industry life cycle?

(Multiple Choice)

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Question 25

Briefly discuss the six sources of primary industry data.

(Essay)

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Question 26

Cite five of the issues that should be addressed in the industry analysis.

(Essay)

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Question 27

The government can limit entry to an industry or market through strict licensing requirements and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions.

(True/False)

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Question 28

Google, Wikipedia, journals, and trade magazines are examples of ____.

(Multiple Choice)

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Question 29

Which of the following is NOT a question one would ask when researching an industry?

(Multiple Choice)

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Question 30

Birth, growth and adaptation, and shakeout are stages of the ____ life cycle.

(Multiple Choice)

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Question 31

Radical change occurs in industries when an innovation results in the obsolescence of previous technology and drives old-line companies out of business.

(True/False)

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Question 32

Providing more opportunity for clarification and discussion, the observation of nonverbal communication, and the high response rate are all examples of the advantages of ____.

(Multiple Choice)

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Question 33

The North American Industry Classification System (NAICS)is the classification system that was developed by the United States, Canada, and Mexico to identify industries and to allow for common standards and statistics across North America.

(True/False)

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Question 34

Brand equity, advertising expense, and the rate of industry growth are part of which of Porter's forces?

(Multiple Choice)

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Question 35

Briefly discuss how an entrepreneur would collect competitor data.

(Essay)

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Question 36

Target market research provides some of the least important data needed to decide who the first customer will be.

(True/False)

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Question 37

The ____ represents an unserved niche that enables the entrepreneur to enter a market with no direct competition for a time.

(Multiple Choice)

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Question 38

The concept that customers are not likely to switch easily to something new is:

(Multiple Choice)

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Question 39

The market research process consists of seven steps.

(True/False)

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Question 40

Showing 21 - 40 of 50

The most important data that entrepreneurs can collect on potential customers are primary data derived from observation, online or in-person surveys, phone surveys, interviews, and informal focus groups.

The second step in the market research process is ____.

Porter's Five Forces work has been challenged on several levels. What re the bases of these challenges?

A/An ____ lays out the benefits, distribution channel, product/service, and potential competition for each identified customer segment.

A new industry goes through volatile and rapid changes as companies and their respective technologies jockey for position and the right to determine industry standards. This is what stage of the industry life cycle?

Briefly discuss the six sources of primary industry data.

Cite five of the issues that should be addressed in the industry analysis.

The government can limit entry to an industry or market through strict licensing requirements and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions.

Google, Wikipedia, journals, and trade magazines are examples of ____.

Which of the following is NOT a question one would ask when researching an industry?

Birth, growth and adaptation, and shakeout are stages of the ____ life cycle.

Radical change occurs in industries when an innovation results in the obsolescence of previous technology and drives old-line companies out of business.

Providing more opportunity for clarification and discussion, the observation of nonverbal communication, and the high response rate are all examples of the advantages of ____.

The North American Industry Classification System (NAICS)is the classification system that was developed by the United States, Canada, and Mexico to identify industries and to allow for common standards and statistics across North America.

Brand equity, advertising expense, and the rate of industry growth are part of which of Porter's forces?

Briefly discuss how an entrepreneur would collect competitor data.

Target market research provides some of the least important data needed to decide who the first customer will be.

The ____ represents an unserved niche that enables the entrepreneur to enter a market with no direct competition for a time.

The concept that customers are not likely to switch easily to something new is:

The market research process consists of seven steps.

Understanding Entrepreneurship

Preparing for the Entrepreneurial Journey

Creating Opportunity

Developing and Testing a Business Model

Prototyping a Solution

Protecting the Startups Assets

Calculating Startup Capital Requirements

Building the Founding Team

Preparing a Business Plan

Designing an Entrepreneurial Organization

Choosing the Legal Form of Organization

Developing the Startup Marketing Plan

Creating a Startup Funding Strategy

Incorporating Ethics and Social Responsibility Into the Business

Planning for Growth and Change

Funding Growth

Filters

Exam 4: Analyzing the Industry and Market

The most important data that entrepreneurs can collect on potential customers are primary data derived from observation, online or in-person surveys, phone surveys, interviews, and informal focus groups. ​

The second step in the market research process is ____. ​

Porter's Five Forces work has been challenged on several levels. What re the bases of these challenges? ​

A/An ____ lays out the benefits, distribution channel, product/service, and potential competition for each identified customer segment. ​

A new industry goes through volatile and rapid changes as companies and their respective technologies jockey for position and the right to determine industry standards. This is what stage of the industry life cycle? ​

Briefly discuss the six sources of primary industry data. ​

Cite five of the issues that should be addressed in the industry analysis. ​

The government can limit entry to an industry or market through strict licensing requirements and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions. ​

Google, Wikipedia, journals, and trade magazines are examples of ____. ​

Which of the following is NOT a question one would ask when researching an industry? ​

Birth, growth and adaptation, and shakeout are stages of the ____ life cycle. ​

Radical change occurs in industries when an innovation results in the obsolescence of previous technology and drives old-line companies out of business. ​

Providing more opportunity for clarification and discussion, the observation of nonverbal communication, and the high response rate are all examples of the advantages of ____. ​

The North American Industry Classification System (NAICS)is the classification system that was developed by the United States, Canada, and Mexico to identify industries and to allow for common standards and statistics across North America. ​

Brand equity, advertising expense, and the rate of industry growth are part of which of Porter's forces? ​

Briefly discuss how an entrepreneur would collect competitor data. ​

Target market research provides some of the least important data needed to decide who the first customer will be. ​

The ____ represents an unserved niche that enables the entrepreneur to enter a market with no direct competition for a time. ​

The concept that customers are not likely to switch easily to something new is: ​

The market research process consists of seven steps. ​

Understanding Entrepreneurship

Preparing for the Entrepreneurial Journey

Creating Opportunity

Developing and Testing a Business Model

Prototyping a Solution

Protecting the Startups Assets

Calculating Startup Capital Requirements

Building the Founding Team

Preparing a Business Plan

Designing an Entrepreneurial Organization

Choosing the Legal Form of Organization

Developing the Startup Marketing Plan

Creating a Startup Funding Strategy

Incorporating Ethics and Social Responsibility Into the Business

Planning for Growth and Change

Funding Growth

Filters

The most important data that entrepreneurs can collect on potential customers are primary data derived from observation, online or in-person surveys, phone surveys, interviews, and informal focus groups.

The second step in the market research process is ____.

Porter's Five Forces work has been challenged on several levels. What re the bases of these challenges?

A/An ____ lays out the benefits, distribution channel, product/service, and potential competition for each identified customer segment.

A new industry goes through volatile and rapid changes as companies and their respective technologies jockey for position and the right to determine industry standards. This is what stage of the industry life cycle?

Briefly discuss the six sources of primary industry data.

Cite five of the issues that should be addressed in the industry analysis.

The government can limit entry to an industry or market through strict licensing requirements and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions.

Google, Wikipedia, journals, and trade magazines are examples of ____.

Which of the following is NOT a question one would ask when researching an industry?

Birth, growth and adaptation, and shakeout are stages of the ____ life cycle.

Radical change occurs in industries when an innovation results in the obsolescence of previous technology and drives old-line companies out of business.

Providing more opportunity for clarification and discussion, the observation of nonverbal communication, and the high response rate are all examples of the advantages of ____.

The North American Industry Classification System (NAICS)is the classification system that was developed by the United States, Canada, and Mexico to identify industries and to allow for common standards and statistics across North America.

Brand equity, advertising expense, and the rate of industry growth are part of which of Porter's forces?

Briefly discuss how an entrepreneur would collect competitor data.

Target market research provides some of the least important data needed to decide who the first customer will be.

The ____ represents an unserved niche that enables the entrepreneur to enter a market with no direct competition for a time.

The concept that customers are not likely to switch easily to something new is:

The market research process consists of seven steps.