Assessing Business Viability and Sustainability
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Questions and Answers

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?

  • 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?

  • Short-term profitability
  • Lack of innovation
  • Market saturation
  • Long-term sustainability (correct)

    • What does a feasibility study analyze?

    <p>Marketing, production, organizational and financial aspects</p> Signup and view all the answers

    Why is it important to conduct a feasibility study?

    <p>To determine if the project is viable</p> Signup and view all the answers

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