Music Business Procedure And Knowledge Quiz #1

98 Questions | Total Attempts: 68

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Business Management Quizzes & Trivia

Questions and Answers
  • 1. 
    The following is a factor contributing to current challenges faced by the music business:
    • A. 

      Advances in technology and the MP3

    • B. 

      Portability of music players

    • C. 

      The internet (starting in 1999 with Napster)

    • D. 

      The music business being slow to react to new technology

    • E. 

      Music has been devalued and the idea of "free" music

    • F. 

      All of the above

  • 2. 
    One of the factors contributing to the current challenges faced by the music business is that the music business is slow to react to new technology.
    • A. 

      True

    • B. 

      False

  • 3. 
    Music has been devalued, and the idea of "free" music is a challenge faced by the music business. 
    • A. 

      True

    • B. 

      False

  • 4. 
    The total income from music sales dropped __% from 1999-2009.
  • 5. 
    File sharing hurts music sales, and it cannot be used as a tool to promote music sales.
    • A. 

      True

    • B. 

      False

  • 6. 
    While ___________ does hurt music sales, it can also be used as a tool to promote music sales.
  • 7. 
    Since it's an introduction in 2001, Apple's ______ has sold over 10 Billion track downloads.
  • 8. 
    _______ is the second search engine in the world, behind Google.
  • 9. 
    YouTube is also having a big impact on how we listen to music. 
    • A. 

      True

    • B. 

      False

  • 10. 
    _____________ is the business of administering the rights to origional music.
  • 11. 
    ___________ are often the sounding board, scapegoat, counselor, babysitter, and therapist for the artist.
  • 12. 
    The artist/manager relationship is an exclusive relationship.
    • A. 

      True

    • B. 

      False

  • 13. 
    The artist/manager relationship is not an exclusive relationship.
    • A. 

      True

    • B. 

      False

  • 14. 
    People are now more active in their consumption, they used to be more passive.
    • A. 

      True

    • B. 

      False

  • 15. 
    People are now more passive in consumption, they used to be more active.
    • A. 

      True

    • B. 

      False

  • 16. 
    The artist "team is made up of three main individuals: Manager, Booking Agent, and ______.
  • 17. 
    The artist "team is made up of three main individuals: Manager, Lawyer, and _________.
  • 18. 
    The artist "team is made up of three main individuals: Booking Agent, Lawyer, and ______.
  • 19. 
    _________ make good managers because of their legal knowledge.
  • 20. 
    ________ can be designed especially for recording, mixing, or mastering.
  • 21. 
    _______ identifies the wants and needs of customers.
  • 22. 
    _________ is a means of distinguishing the goods and services of one business from that of their competitors.
    • A. 

      Marketing

    • B. 

      Branding

    • C. 

      Monetization

    • D. 

      Licensing

  • 23. 
    _______ is the process of converting goods or services into money.
  • 24. 
    ___________ is a service owned by the Neilson Company that collects and compiles sales data on albums and singles (including CDs, LPs, and digital downloads).
  • 25. 
    Radio ______ exist to make it easier for the consumer to find what they are looking for.
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