1) A short-term retracement within that primary trend a) Primary Trend b) Secondary Trend c) Minor Trend 2) Covers anything else of shorter duration, basically less than two or three weeks a) Primary Trend b) Secondary Trend c) Minor Trend 3) This refers to entering a market at the lowest level with a lesser, more affordable product rather than starting at the top with a complex, expensive product. a) Distruption b) Emerging pattern c) Trend 4) The connection of phenomena in which one thing is the cause gives rise to or causes something else the effect under certain circumstances a) Minor trend b) Primary trend c) Causality 5) These are whose support changes significantly from one dataset to another. a) Emerging patterns b) Fad c) Trend 6) Major trend may last for years a) True b) False 7) Having foresight won’t lead to more informed decisions and decisive actions. a) True b) False 8) The customer is the wrong unit of analysis. a) True b) False 9) If your idea depends on new technology, go after an established market. a) True b) False 10) You need to understand what causes us to buy a product or service. a) True b) False
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