{"id":23964,"date":"2021-01-11T09:58:07","date_gmt":"2021-01-11T09:58:07","guid":{"rendered":"http:\/\/onlineclassesguru.com\/?p=23964"},"modified":"2021-01-11T09:58:07","modified_gmt":"2021-01-11T09:58:07","slug":"what-percentage-of-new-businesses-fail-in-the-first-year","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2021\/01\/11\/what-percentage-of-new-businesses-fail-in-the-first-year\/","title":{"rendered":"What percentage of new businesses fail in the first year?"},"content":{"rendered":"<style type=\"text\/css\"><\/style><h4>What percentage of new businesses fail in the first year?<\/h4>\n<p>MARKET RESEARCH<br \/>\nIf you primarily sell false noses, wigs, and polka-dot jumpsuits to professional clowns,<br \/>\nexcept for once a year, when children buy your products to wear at Halloween, the children<br \/>\nare your<br \/>\nA. minor clientele. C. annual consumers.<br \/>\nB. secondary target market. D. primary target market.<br \/>\n18. West Side Medical Supply is in trouble. In the past two years, Fred Schultz, the owner,<br \/>\nsuddenly lost 26 percent of his business when two drugstores and a local hospital closed.<br \/>\nHe missed a big opportunity when his competitor got a contract at a new nursing home<br \/>\nbefore Fred even knew it was being built. Fred needs to<br \/>\nA. better understand his customers\u2019 values.<br \/>\nB. sell to the public instead of to other<br \/>\nbusinesses.<br \/>\nC. do continuous research on demographic changes.<br \/>\nD. improve his overall customer service.<br \/>\n19. One of the biggest problems with telephone surveys is that<br \/>\nA. people often refuse to participate.<br \/>\nB. the cost is higher than other methods.<br \/>\nC. they\u2019re too impersonal.<br \/>\nD. it takes too long to collect the results.<br \/>\n20. As Jake began his market research, he discovered that there wasn\u2019t another retail boating<br \/>\nsupply business for more than 100 miles. In fact, there was no large lake or river, either.<br \/>\nJake concluded that<br \/>\nA. the competition gave up too soon.<br \/>\nB. there was no market for his product.<br \/>\nc. he would have to offer lower prices.<br \/>\nD. his marketing should stress quality and service.<br \/>\n1. A great business idea is<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>What percentage of new businesses fail in the first year? MARKET RESEARCH If you primarily sell false noses, wigs, and polka-dot jumpsuits to professional clowns, except for once a year, when children buy your products to wear at Halloween, the children are your A. minor clientele. C. annual consumers. B. secondary target market. D. primary&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23964","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What percentage of new businesses fail in the first year? - onlineclassesguru<\/title>\n<meta name=\"description\" content=\"What percentage of new businesses fail in the first year?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/onlineclassesguru.com\/index.php\/2021\/01\/11\/what-percentage-of-new-businesses-fail-in-the-first-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What percentage of new businesses fail in the first year? 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