BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Why should an entrepreneur do a feasibility study for a starting a new venture
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To identify possible sources of funds
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To see if there is any possible barriers to success
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To estimate the expected sales
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To explore the potential customers
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Explanation:
Detailed explanation-1: -A feasibility study allows a business to address where and how it will operate, its competition, possible hurdles, and the funding needed to begin. The business plan then provides a framework that sets out a map for following through and executing on the entrepreneurial vision.
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