ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is primarily concerned with the identification, qualification and evaluation of the project resources.
A
Techno-economic analysis
B
Feasibility analysis
C
Input analysis
D
Financial analysis
Explanation: 

Detailed explanation-1: -165. is primarily concerned with the identification, qualification and evaluation of the project resources. Techno-economic analysis.

Detailed explanation-2: -Input Analysis: Input analysis is mainly concerned with the identification, quantification and evaluation of project inputs, that is, machinery and Page 4 67 materials. You have to ensure that the right kind and quality of inputs would be available at the right time and cost throughout the life of the project.

Detailed explanation-3: -Techno-Economic Analysis : As the name indicates this analysis is concerned with the technology selected and the economy of the project idea. In this step, estimation of project demand potential and the choice of optimal technology is made.

Detailed explanation-4: -The Correct Answer Is: Techno-economic analysis.

Detailed explanation-5: -These decisions are concerned with policy matters and they influence the goals and objectives of a business venture: Routine decisions.

There is 1 question to complete.