BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the process of determining whether a business idea is viable. It is the primary evaluation of the business. (Unit 33-KLO 2-3a)
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Feasibility Analysis
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Business Plan
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Howard Plan
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None of the Above
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Explanation:
Detailed explanation-1: -A feasibility analysis is a study whether the plan of an entrepreneur is viable or worth investing or worth taking a risk.
Detailed explanation-2: -Contents of a Feasibility Study Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market.
Detailed explanation-3: -A feasibility report is a document that assesses potential solutions to the business problem or opportunity, and determines which of these are viable for further analysis.
There is 1 question to complete.