5 Questions
What is the primary objective of a feasibility study?
To determine the feasibility of the proposed business
How does the content and structure of a business plan compare to that of a feasibility study?
They are almost the same
What is the purpose of the 'Introduction' section in a business plan?
To present the general perspective of the business
What is included in the 'Environmental Analysis' section of a business plan?
Analysis of market trends and competition
When is the business plan prepared in relation to the feasibility study?
After a positive outcome of the feasibility study
Test your knowledge on the differences between a business plan and a feasibility study with this quiz. Explore the key objectives, content, and structure of each, and understand how they play a crucial role in determining the feasibility and success of a proposed business venture.
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