ENTREPRENEURIAL OPPORTUNITIES
FEASIBILITY ANALYSIS
Question
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____ feasibility analysis is a quick financial assessment of the viability of a business idea.
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Organizational
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Institutional
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Product/service
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Financial
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Industry/market
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Explanation:
Detailed explanation-1: -Financial feasibility describes whether or not your project is fiscally viable. A financial feasibility report includes a cost/benefit analysis of the project. It also forecasts an expected return on investment (ROI), as well as outlines any financial risks.
Detailed explanation-2: -It is the preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is worth pursuing. 3. Feasibility analysis takes the guesswork (to a certain degree) out of a business launch, and provides an entrepreneur with a more secure notion that a business idea is feasible or viable.
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