INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
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Research and development
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SWOT analysis
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Social media surveys
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Profitability analysis
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Detailed explanation-1: -In general, a market analysis searches for the intersection of demand and supply that will create a market for a product at a given price, and a feasibility analysis tests whether a certain product will meet certain financial or social goals in the market.
Detailed explanation-2: -Market Feasibility Study determines the depth and condition of a particular market and its ability to support a particular development. The main objective of a market feasibility study is to understand the market to determine if enough demand exists to make the venture successful.
Detailed explanation-3: -What Is A Feasibility Study? The main purpose of a feasibility study is to assess the financial viability of developed land and whether it will be a success or failure.
Detailed explanation-4: -An executive summary describing the project’s overall viability. A description of the product or service being developed during this project. Any technical considerations, including technology, equipment, or staffing. More items •22-Nov-2022