Music Business Procedure And Knowledge Quiz #3

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Music Business Procedure And Knowledge Quiz #3 - Quiz


Questions and Answers
  • 1. 

    _______ is the process by which companies create customer interest in products or services.

    Explanation
    Marketing is the process through which companies generate customer interest in their products or services. It involves various activities such as market research, advertising, promotion, and sales. By effectively marketing their offerings, companies aim to attract and retain customers, increase brand awareness, and ultimately drive sales and revenue. Marketing strategies may include tactics like social media campaigns, content creation, email marketing, and public relations efforts, all geared towards creating customer interest and generating demand for the company's products or services.

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  • 2. 

    _______ is used to identify the customer/consumer, to keep the customer/consumer, and to satisfy the customer/consumer.

    Explanation
    Marketing is used to identify the customer/consumer through market research and segmentation strategies. It is also used to keep the customer/consumer through customer relationship management and retention programs. Additionally, marketing aims to satisfy the customer/consumer by understanding their needs and wants, and delivering products or services that meet or exceed their expectations. Marketing encompasses various activities such as advertising, promotion, branding, and sales, all of which contribute to building and maintaining strong relationships with customers/consumers.

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  • 3. 

    Another kind of product experiences, such as live performances and websites.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    This statement suggests that live performances and websites are examples of other types of product experiences. Therefore, the correct answer is true.

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  • 4. 

    _______ for the music business can include compact discs, digital downloads, vinyl LPs, merchandise, etc...

    • A. 

      Products

    • B. 

      Price

    • C. 

      Promotion

    • D. 

      Distribution

    • E. 

      People

    Correct Answer
    A. Products
    Explanation
    The given correct answer is "Products". In the context of the music business, products refer to various items that can be sold, such as compact discs, digital downloads, vinyl LPs, and merchandise. These products are the tangible or intangible goods that are offered to consumers in exchange for payment. They form the core of the music business and are essential for generating revenue and satisfying customer needs and preferences.

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  • 5. 

    ______ is the communication link between the seller and the buyer for the purpose of influencing, informing, or persuading a potential customer.

    • A. 

      Products

    • B. 

      Price

    • C. 

      Promotion

    • D. 

      Distribution

    • E. 

      People

    Correct Answer
    C. Promotion
    Explanation
    Promotion is the correct answer because it refers to the communication link between the seller and the buyer. It involves various marketing activities aimed at influencing, informing, or persuading potential customers about a product or service. Promotion includes advertising, sales promotions, public relations, and personal selling. It plays a crucial role in creating awareness, generating interest, and ultimately driving sales by effectively communicating the value proposition of a product or service to the target audience.

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  • 6. 

    _______ is getting the product (music) to the consumer.

    • A. 

      Products

    • B. 

      Price

    • C. 

      Promotion

    • D. 

      Distribution

    • E. 

      People

    Correct Answer
    D. Distribution
    Explanation
    Distribution refers to the process of getting the product (music) to the consumer. It involves various activities such as transportation, warehousing, and delivery to ensure that the product reaches the intended customers in a timely and efficient manner. Distribution channels can include physical stores, online platforms, and other intermediaries that help in reaching the target market. By effectively managing distribution, companies can ensure that their products are available to consumers when and where they want them, ultimately leading to increased sales and customer satisfaction.

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  • 7. 

    The five elements of marketing are Products, Price, Promotion, Distribution, and _____.

    Correct Answer
    People
    Explanation
    The five elements of marketing are commonly known as the marketing mix or the 5 P's. These elements are crucial in developing and implementing a successful marketing strategy. Products refer to the goods or services being offered, Price refers to the cost or value assigned to the product, Promotion involves the communication and advertising efforts, Distribution focuses on how the product is made available to the target market, and People refers to the target market or the consumers who will ultimately use or benefit from the product. Understanding the needs, preferences, and behaviors of the target market is essential for effective marketing.

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  • 8. 

    The five elements of marketing are: Products, Price, Promotion, People, and ________.

    Correct Answer
    Distribution
    Explanation
    Distribution is an essential element of marketing that refers to the process of delivering products or services from the producer to the end consumer. It involves various activities such as transportation, warehousing, inventory management, and channel selection. Effective distribution ensures that the right product reaches the right customer at the right time and place. By including distribution as one of the elements of marketing, businesses can strategically plan and execute their distribution channels to maximize their reach and meet customer demand efficiently.

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  • 9. 

    The five elements of marketing are Products, Price, Distribution, People, and ______.

    Correct Answer
    Promotion
    Explanation
    Promotion is the missing element in the five elements of marketing. Promotion refers to the activities and strategies used to communicate and promote a product or service to the target market. It includes advertising, sales promotions, public relations, and personal selling. By effectively promoting a product, a company can create awareness, generate interest, and persuade customers to make a purchase. Promotion is crucial in the marketing mix as it helps to create a strong brand image, increase sales, and ultimately achieve business objectives.

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  • 10. 

    The five elements of marketing are Products, Promotion, Distribution, People, and _______.

    Correct Answer
    Price
    Explanation
    The five elements of marketing are Products, Promotion, Distribution, People, and Price. Price is an essential element in marketing as it determines the value of a product or service. It plays a crucial role in attracting customers, positioning the product in the market, and maximizing profitability. Price affects consumer behavior and perception, and it is a key factor in the decision-making process. By setting the right price, businesses can effectively communicate the value of their offerings and achieve their marketing objectives.

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  • 11. 

    The five elements of marketing are Price, Promotion, Distribution, People, and _______.

    Correct Answer
    Products
    Explanation
    The five elements of marketing are Price, Promotion, Distribution, People, and Products. This means that in order to effectively market a product or service, all these elements need to be considered and integrated into the marketing strategy. The "Products" element refers to the actual goods or services being offered by the company. This includes the features, benefits, quality, and overall value of the products, which are essential for attracting and satisfying customers. By including "Products" as one of the elements, the marketing strategy can focus on developing and positioning the right products to meet customer needs and preferences.

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  • 12. 

    Using data to make informed decisions about the consumer is known as ____________.

    Correct Answer
    market research
    Explanation
    Market research involves collecting and analyzing data to gain insights into consumer behavior, preferences, and market trends. It helps businesses make informed decisions by understanding their target audience, identifying market opportunities, and evaluating the effectiveness of marketing strategies. By utilizing data, market research enables businesses to tailor their products, services, and marketing efforts to meet consumer needs and stay competitive in the market.

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  • 13. 

    For market research, you need to ask who, what, where, when, why, and how to reach your consumers.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The statement is true because when conducting market research, it is essential to ask the questions of who, what, where, when, why, and how in order to gather comprehensive information about the target consumers. By asking these questions, researchers can understand the demographics, preferences, behaviors, and motivations of their target audience, which helps in developing effective marketing strategies and making informed business decisions.

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  • 14. 

    Sales data, consumer research, and social network statistics are bad examples of resources to use for market research.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    Sales data, consumer research, and social network statistics are actually good examples of resources to use for market research. These sources provide valuable insights into consumer behavior, preferences, and trends. Sales data helps identify popular products and market demand, consumer research provides direct feedback from customers, and social network statistics offer information on consumer sentiment and engagement. Therefore, these resources are essential for conducting effective market research.

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  • 15. 

    ______ is a paid form of promotion that should be informative, persuasive or act as a reminder. 

    Correct Answer
    Advertising
    Explanation
    Advertising is a paid form of promotion that aims to inform, persuade, or remind the target audience about a product, service, or brand. It involves using various communication channels such as television, radio, print media, online platforms, and billboards to reach a wide audience and create awareness. Through advertising, companies can showcase their products or services, highlight their unique selling propositions, and persuade consumers to make a purchase or take a desired action. It is an essential marketing tool that helps businesses promote their offerings and build brand recognition and loyalty.

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  • 16. 

    You can purchase promotional placement at music retailers such as:

    • A. 

      ITunes

    • B. 

      Amazon.com

    • C. 

      Traditional stores (Best Buy, Target, etc...)

    • D. 

      All of the above

    Correct Answer
    D. All of the above
    Explanation
    The correct answer is "All of the above" because the question is asking about the different places where promotional placement can be purchased at music retailers. The options provided include iTunes, Amazon.com, and traditional stores like Best Buy and Target. Since all of these options are mentioned in the question, the correct answer is "All of the above."

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  • 17. 

    Record labels or individual bands do not put together marketing plans and marketing budgets for each album. 

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement suggests that record labels or individual bands do not create marketing plans and budgets for each album. This implies that they do not allocate specific resources and strategies for promoting and advertising their albums. However, this statement is false. Record labels and bands typically invest time, effort, and financial resources into developing marketing plans and budgets to effectively promote their albums and reach their target audience.

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  • 18. 

    The _____________ will include detailed strategies for press and publicity, radio promotion, online promotion, videos, touring, advertising, and other forms of exposure. 

    Correct Answer
    marketing plan
    Explanation
    A marketing plan is a comprehensive document that outlines the strategies and tactics to be used for promoting a product or service. It includes detailed strategies for press and publicity, radio promotion, online promotion, videos, touring, advertising, and other forms of exposure. This plan serves as a roadmap for the marketing team, providing guidance on how to effectively reach the target audience and achieve the desired marketing goals. It helps ensure that all marketing efforts are aligned and coordinated, maximizing the impact and effectiveness of the promotional activities.

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  • 19. 

    The ____________ will measure the cost of all the items in the marketing plan. 

    Correct Answer
    marketing budget
    Explanation
    The marketing budget is the appropriate tool to measure the cost of all the items in the marketing plan. It allows companies to allocate specific funds for marketing activities, track expenses, and ensure that the costs do not exceed the allocated budget. By monitoring the marketing budget, organizations can evaluate the effectiveness of their marketing strategies and make necessary adjustments to optimize their spending.

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  • 20. 

    The budget plays only a small part in the marketing plan. 

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The given statement is false because the budget plays a significant role in the marketing plan. The marketing plan outlines the strategies and tactics to achieve marketing objectives, and the budget determines the resources available to execute those plans. A well-funded marketing plan allows for effective advertising, promotions, market research, and other activities that can help reach the target audience and achieve marketing goals. Without a sufficient budget, the marketing plan may be limited in its ability to generate awareness, attract customers, and drive sales.

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  • 21. 

    There is more competition than there used to be for your entertainment dollar.  People have more choices and it hurts music sales, but not the overall interest in music. 

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The explanation for the given correct answer, "True," is that with the advancement of technology and the internet, there are now numerous options available for entertainment. This increased competition for people's attention and money has led to a decrease in music sales. However, it does not mean that the overall interest in music has declined. People still have a strong interest in music, but they now have more choices and platforms to access it, which affects traditional music sales.

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  • 22. 

    People are more active in consumption- they used to be more passive. 

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The statement suggests that people nowadays are more actively engaged in consuming goods and services compared to the past when they were more passive. This could be attributed to various factors such as advancements in technology, increased accessibility to products, and changing consumer behavior. With the rise of e-commerce, social media, and personalized advertising, individuals are constantly exposed to a wide range of options and are actively participating in the consumption process.

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  • 23. 

    People are more passive in consumption, they used to be more active. 

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The given statement suggests that people used to be more active in consumption than they are now. However, the correct answer is False, indicating that people are not more passive in consumption. This implies that the statement is incorrect, and people are not less active in their consumption habits compared to the past.

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  • 24. 

    Which of the following is not one of the three main individuals on an artist "team":

    • A. 

      Manager

    • B. 

      Booking Agent

    • C. 

      Talent Scout

    • D. 

      Lawyer

    Correct Answer
    C. Talent Scout
    Explanation
    A talent scout is not considered one of the three main individuals on an artist "team". The three main individuals typically include a manager, a booking agent, and a lawyer. The manager handles the artist's overall career and business decisions, the booking agent is responsible for securing performance opportunities, and the lawyer provides legal guidance and protection. A talent scout, on the other hand, is usually responsible for discovering and recruiting new talent rather than being a core member of the artist's team.

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  • 25. 

    An artist "team" consists of three main individuals: manager, booking agent, and ______.

    Correct Answer
    lawyer
    Explanation
    In the context of an artist "team," the main individuals typically include a manager, booking agent, and a lawyer. While the manager oversees the overall career and business aspects, and the booking agent handles the scheduling and booking of performances, the lawyer plays a crucial role in legal matters. They provide legal advice, negotiate contracts, protect the artist's rights, and ensure compliance with laws and regulations. Having a lawyer as part of the team is essential for managing legal issues and protecting the artist's interests.

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  • 26. 

    An artist "team" consists of three main individuals: manager, lawyer, and _____.

    Correct Answer
    booking agent
    Explanation
    In the context of an artist "team," the three main individuals typically involved are the manager, lawyer, and booking agent. The manager handles the overall career management and strategic decisions, the lawyer provides legal advice and assistance, and the booking agent is responsible for securing performance opportunities and negotiating contracts for the artist. Therefore, the missing term to complete the artist "team" is the booking agent.

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  • 27. 

    An artist "team" consists of three main individuals: booking agent, lawyer, and _____.

    Correct Answer
    manager
    Explanation
    In the context of an artist team, the correct answer is "manager". A manager is an essential member of the team as they are responsible for overseeing the artist's career, handling day-to-day operations, and making strategic decisions. They work closely with the booking agent and lawyer to ensure the artist's success, negotiate contracts, and protect their interests. Together, these three individuals form the core team that supports and guides the artist in their professional endeavors.

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  • 28. 

    An artist needs a team to succeed because there is too much specialized/business info and too many details to worry about.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    An artist needs a team to succeed because managing all the specialized and business information, as well as handling numerous details, can be overwhelming for a single individual. Having a team allows the artist to delegate tasks and responsibilities, ensuring that everything is taken care of efficiently. Additionally, a team can bring diverse skills and expertise to the table, enhancing the artist's overall output and success.

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  • 29. 

    Artist _______ provide the artist with advice and counsel to guide their careers.

    Correct Answer
    managers
    Explanation
    Managers provide artists with advice and counsel to guide their careers. They help artists make important decisions, negotiate contracts, and manage their schedules and finances. Managers also help artists navigate the industry, connect with opportunities, and build relationships with other professionals. They play a crucial role in helping artists develop their careers and achieve success.

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  • 30. 

    Managers do not need to be pro-active and create opportunities for artists.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    Managers play a crucial role in the success of artists by actively seeking and creating opportunities for them. They are responsible for networking, negotiating contracts, promoting artists, and securing gigs or projects. By being proactive, managers can help artists expand their careers, reach a wider audience, and increase their chances of success. Therefore, the statement that managers do not need to be proactive and create opportunities for artists is false.

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  • 31. 

    Managers only make money when their clients make money, they take _____ of all gross earnings. 

    • A. 

      5-15%

    • B. 

      15-25%

    • C. 

      25-35%

    • D. 

      35-45%

    Correct Answer
    B. 15-25%
    Explanation
    Managers only make money when their clients make money, they take a percentage of all gross earnings. The correct answer is 15-25% because this range represents a reasonable and common percentage that managers typically take from their clients' earnings. It ensures that managers are incentivized to work hard and help their clients succeed, while still allowing clients to retain a significant portion of their earnings.

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  • 32. 

    Artist managers organize _____ schedules.

    • A. 

      Yearly

    • B. 

      Monthly

    • C. 

      Weekly

    • D. 

      Daily

    • E. 

      All of the above

    Correct Answer
    E. All of the above
    Explanation
    Artist managers are responsible for organizing various aspects of an artist's career, including their schedules. This includes planning and coordinating events, performances, tours, and other commitments. Since artists have different types of engagements that occur at different intervals, such as yearly concerts, monthly meetings, weekly rehearsals, and daily promotional activities, artist managers need to organize schedules at all these levels. Therefore, the correct answer is "all of the above."

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  • 33. 

    Artist managers deal with _______ so that the artist doesn't have to.

    • A. 

      Lawyers

    • B. 

      Record labels

    • C. 

      Publishers

    • D. 

      Agents

    • E. 

      Band members

    • F. 

      All of the above

    Correct Answer
    F. All of the above
    Explanation
    Artist managers deal with lawyers, record labels, publishers, agents, and band members so that the artist doesn't have to. They handle the business and administrative aspects of an artist's career, including negotiating contracts, managing relationships with record labels and publishers, coordinating with agents for bookings and performances, and handling the day-to-day operations with band members. By taking on these responsibilities, artist managers allow the artist to focus on their craft and creative process.

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  • 34. 

    Artist managers are often the sounding board, scapegoat, counselor, babysitter, and therapist for the artist.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    Artist managers play a multifaceted role in the artist's career, often serving as a sounding board for their ideas and concerns. They can also be the scapegoat, taking responsibility for any failures or criticisms. Additionally, managers often provide emotional support and guidance, acting as counselors and therapists for the artist. Therefore, it is true that artist managers take on these various roles to support and assist the artist in their professional and personal lives.

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  • 35. 

    The artist/manager relationship is not exclusive.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement suggests that the artist/manager relationship is exclusive, meaning that an artist can only have one manager and vice versa. However, this is not true. Many artists work with multiple managers or have different managers for different aspects of their career, such as a tour manager, a business manager, or a creative manager. Additionally, managers often work with multiple artists at the same time. Therefore, the artist/manager relationship is not exclusive.

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  • 36. 

    Booking agents, as well as artist management companies, can be both large and small.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    Booking agents and artist management companies can indeed be both large and small. This means that there are both big companies and small companies that work in these roles. This allows for a diverse range of options for artists and performers when it comes to finding representation and booking their gigs. The size of the company may vary based on factors such as the number of clients they represent, the resources they have, and the scope of their operations.

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  • 37. 

    Managers tend to have more clients than booking agents or lawyers.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    Managers do not necessarily have more clients than booking agents or lawyers. The number of clients can vary depending on the specific industry and individual circumstances. While managers may have multiple clients, booking agents and lawyers can also have a significant client base depending on their specialization and workload. Therefore, the statement that managers tend to have more clients than booking agents or lawyers is not always true.

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  • 38. 

    ________ is the best way for managers to be successful at their job.

    Correct Answer
    networking
    Explanation
    Networking is the best way for managers to be successful at their job because it allows them to build relationships and connect with others in their industry. By networking, managers can gain valuable insights, exchange ideas, and learn from the experiences of others. Networking also provides opportunities for collaboration, finding mentors, and staying updated on industry trends and developments. Building a strong professional network can open doors to new opportunities, enhance career growth, and help managers stay connected and informed in their field.

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  • 39. 

    Which of the following is something to consider when hiring a manager?

    • A. 

      Experience

    • B. 

      Connections

    • C. 

      Other artists the manager works with

    • D. 

      Size of his/her roster or company

    • E. 

      Trust

    • F. 

      All of the above

    Correct Answer
    F. All of the above
    Explanation
    When hiring a manager, it is important to consider all of the listed factors. Experience is crucial as it demonstrates the manager's knowledge and skills in the industry. Connections can be valuable in terms of networking and opening doors for opportunities. The other artists the manager works with can indicate their ability to handle multiple clients successfully. The size of their roster or company reflects their level of responsibility and workload. Trust is essential as it forms the foundation of a strong working relationship. Therefore, considering all of these factors is necessary to make an informed decision when hiring a manager.

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  • 40. 

    A _____________'s job is to book shows and tours for an artist.

    Correct Answer
    booking agent
    Explanation
    A booking agent is responsible for arranging and scheduling shows and tours for an artist. They work closely with venues, promoters, and other industry professionals to secure performance opportunities for the artist. This role involves negotiating contracts, managing logistics, and ensuring that all necessary arrangements are made for successful performances. A booking agent plays a crucial role in the artist's career by helping them secure gigs and expand their audience reach.

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  • 41. 

    _______________ deal directly with promoters, venues, and talent buyers in each market (city). These relationships are their most valuable asset.

    • A. 

      Booking Agents

    • B. 

      Band Managers

    • C. 

      Lawyers

    • D. 

      Retailers

    Correct Answer
    A. Booking Agents
    Explanation
    Booking agents deal directly with promoters, venues, and talent buyers in each market (city). These relationships are their most valuable asset. Booking agents are responsible for securing live performances and gigs for artists and bands. They negotiate contracts, handle logistics, and ensure that the artist's interests are protected. Their ability to cultivate and maintain strong relationships with promoters, venues, and talent buyers is crucial in securing the best opportunities for their clients. Band managers oversee the overall career development and strategy of the artist, lawyers handle legal matters, and retailers sell merchandise.

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  • 42. 

    Booking agents do not have exclusive agreements with artists.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    Booking agents often have exclusive agreements with artists, which means that they have the sole right to represent and book performances for those artists. This exclusivity allows booking agents to have control over the artist's schedule and negotiate better deals on their behalf. Therefore, the statement that booking agents do not have exclusive agreements with artists is false.

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  • 43. 

    Booking agents get paid a percentage of artists' gross concert receipts, usually around _____.

    • A. 

      0-5%

    • B. 

      5-10%

    • C. 

      10-15%

    • D. 

      15-20%

    Correct Answer
    C. 10-15%
    Explanation
    Booking agents typically receive a percentage of the gross concert receipts as their payment. The correct answer of 10-15% suggests that booking agents usually earn a commission of 10-15% of the total concert revenue generated by the artists they represent. This commission is a common industry standard and reflects the value and services provided by booking agents in securing concert bookings and managing the artists' careers.

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  • 44. 

    Booking agents work with a large number of artists.  They have big rosters that are usually larger than management companies since they make a smaller percentage and have fewer opportunities to make money.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    Booking agents typically work with a large number of artists because they have big rosters. This is because booking agents usually make a smaller percentage of the artist's earnings compared to management companies. Due to this, booking agents have fewer opportunities to make money and therefore need a larger number of artists on their roster to maximize their earnings. Therefore, the statement that booking agents work with a large number of artists is true.

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  • 45. 

    The artist/entertainment lawyer relationship is an exclusive relationship.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement that the artist/entertainment lawyer relationship is exclusive is false. An artist can have multiple lawyers representing different aspects of their career, such as contract negotiation, intellectual property rights, or tax matters. Additionally, an entertainment lawyer can represent multiple artists simultaneously. Therefore, the relationship between an artist and an entertainment lawyer is not exclusive.

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  • 46. 

    _________ hold positions of power in the music industry.  Similar to those of managers, because they are well connected as they deal with many different artists, labels, and managers.  

    Correct Answer
    entertainment lawyers
    Explanation
    Entertainment lawyers hold positions of power in the music industry because they are well connected. They deal with various artists, labels, and managers, allowing them to establish strong networks. This connectivity enables them to have influence and control over important decisions, contracts, and negotiations within the industry. As trusted legal advisors, entertainment lawyers play a crucial role in protecting the interests of their clients and ensuring the smooth functioning of the music business.

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  • 47. 

    Entertainment lawyers make bad managers because they have too much legal knowledge.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    This statement suggests that entertainment lawyers make bad managers because they have too much legal knowledge. The correct answer is False. The statement is incorrect because having legal knowledge can actually be beneficial for managers, especially in the entertainment industry where legal issues are common. While it is true that lawyers may have a different skill set compared to traditional managers, their legal expertise can help them navigate complex contracts, negotiations, and legal disputes, making them effective managers in the entertainment field.

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  • 48. 

    __________ are very familiar with contract negotiations so they can answer some basic deal questions quickly and easily.

    • A. 

      Artist Managers

    • B. 

      Entertainment Lawyers

    • C. 

      Booking Agents

    Correct Answer
    B. Entertainment Lawyers
    Explanation
    Entertainment lawyers are very familiar with contract negotiations, making them well-equipped to answer basic deal questions quickly and easily. They specialize in legal matters related to the entertainment industry, including contracts, intellectual property rights, and negotiations. Their expertise in this area allows them to navigate the complexities of contracts and provide informed advice to their clients, whether they are artists, producers, or other industry professionals. Therefore, entertainment lawyers are the most suitable option for answering basic deal questions efficiently.

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  • 49. 

    Recording studios have been going through a transformation in the last decade as Digital Audio Workstations are replacing large recording consoles and analog studio gear.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The statement is true because digital audio workstations (DAWs) have indeed been replacing large recording consoles and analog studio gear in recording studios over the last decade. DAWs offer a more compact and versatile solution for recording, editing, and mixing music, allowing for greater flexibility and efficiency in the studio. This shift towards digital technology has significantly changed the way recording studios operate and has made professional-quality recording more accessible to a wider range of musicians and producers.

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  • 50. 

    Artists are moving from smaller project-studios to larger, traditional studios.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement suggests that artists are shifting from smaller project-studios to larger, traditional studios. However, the correct answer is false, indicating that this statement is not true. This implies that artists are not moving towards larger, traditional studios but may be opting for other alternatives such as freelancing or working remotely.

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