Answer the following statement(s) true (T) or false (F)
1. Because the music industry is fussy about copyrights, using third-party content in promotion
materials of a startup music company without the expressed permission of the content’s owner is
fraught with risk.
2. Entrepreneurship is a good option for everyone.
3. Making numerous pitches for funding to different investors, while tiring, is good practice to hone the
presentation.
4. When startup Next Big Sound first approached record labels in the early days of the broadband era
with statistical insights about music fan activity online, the labels immediately embraced such analytics
as useful.
5. Most company failures stem ultimately from bad management and not other issues such as
marketplace conditions.
1. True
2. False
3. True
4. False
5. True
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