INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is an example of a feasibility analysis question?
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What is the definition of entrepreneurship?
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How can entrepreneurs make a difference in society?
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Can an appropriate start-up team be put together to make the business happen?
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What are the benefits of owning a business?
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Explanation:
Detailed explanation-1: -Financial Feasibility: It involves the issues like requirement of the start-up capital, seed capital, sources of capital, returns on investment, etc. 4. Organisational Feasibility: It involves the legal and corporate structure of the business, size of the venture, legal formalities and requirements, etc.
Detailed explanation-2: -The 5 types of feasibility study are Scheduling Feasibility, Operational Feasibility, Legal Feasibility, Economic Feasibility, and Technical Feasibility.
Detailed explanation-3: -There are four main elements that go into a feasibility study: technical feasibility, financial feasibility, market feasibility (or market fit), and operational feasibility.
There is 1 question to complete.