MGMT 3330 chap chap 5 CERTIFICATION GUIDE
FOR 2025/2026 TESTS|MOST COMMON
QUESTIONS WITH CORRECTLY VERIFIED ANSWERS
(LATEST QUIZZES) |ALREADY A+
GRADED|GUARANTEED PASS
Niche Marketing - the process of finding a small and profitable demand for something (a
product)
Service Crops of Retired Executives (SCORE) - group of retired and active managers who
help people and give people advice about their small businesses
the chamber of commerce in the united states are particularly good sources of information for
prospective business owners because_____ - their members have a vested interest in
increasing business opportunities
market research - the gathering, recording, classifying, analyzing, and interpreting data
related to the marketing of goods and services.
estimating the size of the market - -how large is the industry?
-where is the market for the company, and how large is it?
-are sales to be made to a selected age group, and, if. so, how large is the group?
people who wish to start a business can determine if a market is large enough for a newcomer
by inquiring about - the size and distribution of income within the population
reasons for starting a new business - -define the nature of the business
-create. the preferred type of physical facilities
-obtain fresh inventory
-have a free hand in selecting and developing personnel
reasons for NOT starting a new business - -problems in finding the right business
FOR 2025/2026 TESTS|MOST COMMON
QUESTIONS WITH CORRECTLY VERIFIED ANSWERS
(LATEST QUIZZES) |ALREADY A+
GRADED|GUARANTEED PASS
Niche Marketing - the process of finding a small and profitable demand for something (a
product)
Service Crops of Retired Executives (SCORE) - group of retired and active managers who
help people and give people advice about their small businesses
the chamber of commerce in the united states are particularly good sources of information for
prospective business owners because_____ - their members have a vested interest in
increasing business opportunities
market research - the gathering, recording, classifying, analyzing, and interpreting data
related to the marketing of goods and services.
estimating the size of the market - -how large is the industry?
-where is the market for the company, and how large is it?
-are sales to be made to a selected age group, and, if. so, how large is the group?
people who wish to start a business can determine if a market is large enough for a newcomer
by inquiring about - the size and distribution of income within the population
reasons for starting a new business - -define the nature of the business
-create. the preferred type of physical facilities
-obtain fresh inventory
-have a free hand in selecting and developing personnel
reasons for NOT starting a new business - -problems in finding the right business
