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Questions and Answers
Which factor is important to consider in a feasibility study?
Which factor is important to consider in a feasibility study?
- Product development
- Marketing (correct)
- Customer service
- Sales
What is the purpose of a feasibility study?
What is the purpose of a feasibility study?
- To develop a business plan
- To secure funding
- To analyze the competition
- To determine the viability of a project (correct)
What is the main challenge faced by businesses or projects?
What is the main challenge faced by businesses or projects?
- Short-term profitability
- Lack of innovation
- Market saturation
- Long-term sustainability (correct)
What does a feasibility study analyze?
What does a feasibility study analyze?
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Why is it important to conduct a feasibility study?
Why is it important to conduct a feasibility study?
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