ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A key component of a feasibility study is
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an individual’s SWOT profile
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product characteristics
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income generation
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product differentiation
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Explanation:
Detailed explanation-1: -SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business. SWOT Analysis is a tool that can help you to analyze what your company does best now, and to devise a successful strategy for the future.
Detailed explanation-2: -The four elements of the SWOT analysis are Strengths, Weaknesses, Opportunities and Threats.
Detailed explanation-3: -You will need to understand your strengths, weakness, external threats and opportunities.
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