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Name Unit 3 Evaluation Evaluation 03 EntrepreneurshipBUSH 037 056 ID. Number This evaluation will cover the lessons in this unit. It is open book. meaning you can use yourtextbook and online course materials. You will need to understand. analyze. and apply theinformation you have learned in order to answer the questions correctly. To take the evaluationonline. access your My Work page in the online course management system and follow thedirections provided. Part A: Multiple-Choice Select the response that best completes the statement or answers the question. 51.09"!” 51.037!” 5199′!“ 51.057!” UI’I It 3 Evaluation 1. What is the first step in doing market research? identify research objectivesdetermine methods and sourcesanalyze the data organize the data 2. The practice of combining the price of several products into one price is called unit packaging.bundling.product mix.market mix. 3. Building rapport during a sales call means being persistent. getting ready to close the sale. answering objections. creating feelings of mutual respect and trust. 4. A markup price is used to make a profit for a wholesaler. to offset production costs. when a retailer has too much of a product.to make a profit for a retailer. 1 BUSH U37

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