Question 1

Discuss some of the things that should be taken into account when constructing a questionnaire. ​

Accepted Answer

Keep the questionnaire short, with lots

Question 2

There are seven stages in the industry life cycle. ​

Accepted Answer

A) True 
 B)False

Question 3

For every industry, the life cycle stages occur at different times and vary in duration.

Accepted Answer

A) True 
 B)False

Question 4

A/An ____ is a grouping of competitors that an entrepreneur targets. ​

Accepted Answer

A) industry 
B) external environment ​ 
C) target market ​ 
D) market 
E) None of these choices ​ 
A) industry 
B) external environment ​ 
C) target market ​ 
D) market 
E) None of these choices ​

Question 5

Which of the following is NOT part of an ethnographic approach to customer observation? ​

Accepted Answer

A) Learn from observation 
B) Explain what was observed 
C) Develop a plan 
D) Test the theory 
E) Conclusions 
A) Learn from observation 
B) Explain what was observed 
C) Develop a plan 
D) Test the theory 
E) Conclusions

Question 6

The model most commonly used to help an entrepreneur analyze an industry is ____.

Accepted Answer

A) Porter's Four Forces Model 
B) Porter's Five Forces Model 
C) the PEST Model 
D) the SWOT Analysis Model 
E) None of these choices 
A) Porter's Four Forces Model 
B) Porter's Five Forces Model 
C) the PEST Model 
D) the SWOT Analysis Model 
E) None of these choices

Question 7

The ethnographic approach to market research has ____ steps. ​

Accepted Answer

A) seven 
B) five ​ 
C) four 
D) nine 
E) two 
A) seven 
B) five ​ 
C) four 
D) nine 
E) two

Question 8

Discuss the four major industry trajectories that signal how fast change occurs in a particular industry. ​

Accepted Answer

Progressive - incremental inno

Question 9

It is best to begin researching the industry by using ____ information about the industry. ​

Accepted Answer

A) primary 
B) secondary 
C) market life cycle 
D) customer bargaining power 
E) None of these choices 
A) primary 
B) secondary 
C) market life cycle 
D) customer bargaining power 
E) None of these choices

Question 10

Entrepreneurs identify their primary customers by recognizing a need, or pain, in the market.

Accepted Answer

A) True 
 B)False

Discuss some of the things that should be taken into account when constructing a questionnaire.

There are seven stages in the industry life cycle.

For every industry, the life cycle stages occur at different times and vary in duration.

A/An ____ is a grouping of competitors that an entrepreneur targets.

Which of the following is NOT part of an ethnographic approach to customer observation?

The model most commonly used to help an entrepreneur analyze an industry is ____.

The ethnographic approach to market research has ____ steps.

Discuss the four major industry trajectories that signal how fast change occurs in a particular industry.

It is best to begin researching the industry by using ____ information about the industry.

Entrepreneurs identify their primary customers by recognizing a need, or pain, in the market.

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

Discuss some of the things that should be taken into account when constructing a questionnaire. ​

There are seven stages in the industry life cycle. ​

For every industry, the life cycle stages occur at different times and vary in duration.

A/An ____ is a grouping of competitors that an entrepreneur targets. ​

Which of the following is NOT part of an ethnographic approach to customer observation? ​

The model most commonly used to help an entrepreneur analyze an industry is ____.

The ethnographic approach to market research has ____ steps. ​

Discuss the four major industry trajectories that signal how fast change occurs in a particular industry. ​

It is best to begin researching the industry by using ____ information about the industry. ​

Entrepreneurs identify their primary customers by recognizing a need, or pain, in the market.

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

Discuss some of the things that should be taken into account when constructing a questionnaire.

There are seven stages in the industry life cycle.

A/An ____ is a grouping of competitors that an entrepreneur targets.

Which of the following is NOT part of an ethnographic approach to customer observation?

The ethnographic approach to market research has ____ steps.

Discuss the four major industry trajectories that signal how fast change occurs in a particular industry.

It is best to begin researching the industry by using ____ information about the industry.