Question
Feasibility analysis is the process of determining if a business idea is viable. It consists of four areas of feasibility analysis. Identify the correct combination.
The correct answer is
Financial feasibility, Product/service feasibility, Industry/target market feasibility, Organizational feasibility
The four areas are product/service feasibility, industry/target-market feasibility, organisational feasibility and financial feasibility. They test demand for the offering, market attractiveness, the team and resources, and the venture’s financial viability.
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