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Assessing Business Viability and Sustainability

5 Questions

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Assessing Business Viability and Sustainability

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@TopnotchSerendipity

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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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