ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When you have a feasible concept, the next step is to develop a/an ____
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business plan
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financial analysis
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feasibility analysis
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industry
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Explanation:
Detailed explanation-1: -A feasibility analysis helps you consider the costs and activities required to set up and run a business, and how to make an informed decision about whether to start a business and how to do it.
Detailed explanation-2: -During this first step to the feasibility process you may investigate a variety of ways to organize the business and/or to position the product in the marketplace. It is like an exploratory journey and you may take several paths before you reach your destination.
There is 1 question to complete.