Music Business Procedure And Knowledge Quiz #1

98 Questions | By Eakoeppel | Updated: Feb 14, 2023 | Attempts: 96

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Music Business Procedure And Knowledge Quiz #1 - Quiz

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.