INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ feasibility is an assessment of the overall appeal of the product or service being proposed.
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Product/service
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Consumer
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Industry/market segment
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Purchaser/end-user
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Industry/market
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Explanation:
Detailed explanation-1: -A feasibility analysis is an assessment of a potential product or service idea rather than a potential business. The four forms of feasibility analysis include: product/service feasibility, industry/target market feasibility, organizational feasibility, and financial feasibility.
Detailed explanation-2: -feasibility is an assessment of the overall appeal of the product or service being proposed.
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