ENT Chapter 4 Test

First Name

Last Name

Elon Musk was born in which country?

• United States
• Canada
• South Africa
• England

Elon Musk founded all the following companies except.

• Tesla
• PayPal
• X formerly Known as Twitter
• Apple

Elon Musk ultimate goal is to colonize Mars.

• True
• False

Two disadvantages of collecting primary data are the costs and time involved.

• True
• False

A _______________ is an in-depth interview with a group of target customers who provide valuable ideas.

• Sample Size
• Focus Group
• Target Market
• Trade Show

Time Consuming is a disadvantage for which research method?

• Secondary
• Variable
• Primary
• Optional

Businesses do not need to identify their target market in order to succeed.

• True
• False

To be successful, all an entrepreneur needs to do is to come up with a good idea.

• True
• False