ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is the backbone when deciding whether or not to proceed with a plan, to tell if there is a business worth pursuing.
A
Feasibility analysis
B
quality assessment
C
Raw material acquisition strategy
D
Exit plan
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.

Detailed explanation-2: -Financial feasibility It also forecasts an expected return on investment (ROI), as well as outlines any financial risks. The goal at the end of the financial feasibility study is to understand the economic benefits the project will drive.

Detailed explanation-3: -your business idea, product or service. the nature of the market. the needs of your customers. the costs involved and the revenue you are forecasting. your business model and plan. the human resources and skills available to support the business. 10-Oct-2022

Detailed explanation-4: -An Executive Summary. Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market. Marketing Strategy. Organization Structure. Schedule. More items

There is 1 question to complete.