which of the following is an example of a product - based business?\njonathans lawn mowing\ntierras antique…
which of the following is an example of a product - based business?\njonathans lawn mowing\ntierras antique auction\nkenneths dog washing emporium\naarons hair and nails salon\n\nquestion 28\n1 pts\ntrue/false: an entrepreneur should identify what skills they have that can be used to make their business a success.\ntrue\nfalse\n\nquestion 29\n1 pts\nyour company wants to understand how customers feel about their products and know which color scheme they should launch next. to hear directly from their customers, they invite 10 customers to a session to ask them questions and have a discussion. which type of research are they conducting?\nan interview\na focus group\na theoretic contribution\na survey
Answer
Brief Explanations:
- For the first question, a product - based business sells physical goods. Among the options, Tierra's Antique Auction deals with the sale of physical antiques, while the others are service - based (lawn mowing, dog washing, hair and nails services).
- For the second question, an entrepreneur needs to identify their skills as it helps in leveraging strengths for business success.
- For the third question, inviting a small group of customers (10 in this case) for a discussion to gather feedback on products and preferences is a focus group. An interview is usually one - on - one, a theoretic contribution is not relevant here, and a survey is typically a more structured, often written, data - collection method from a larger group.
Answer:
- Question 27: Tierra's Antique Auction
- Question 28: True
- Question 29: A focus group