10 Questions
Which of the following is a characteristic of a financially feasible business venture?
High percentage of recurring revenue
What is an indicator of a business venture's financial feasibility?
High percentage of recurring revenue
What is a key consideration when evaluating the financial feasibility of a business venture?
Ability to forecast income and expenses
What is a drawback of a business venture that relies on externally generated funds to finance and sustain growth?
Lack of control over financial decisions
Which of the following is a characteristic of a financially unfeasible business venture?
Inability to forecast income and expenses
What is an advantage of a business venture with a high percentage of recurring revenue?
Improved ability to forecast income and expenses
Why is it essential to evaluate the financial feasibility of a business venture?
To assess the venture's potential for growth and profitability
What is a potential benefit of a business venture with an exit opportunity for investors?
Improved ability to attract investors
What is a characteristic of a financially feasible business venture?
High percentage of recurring revenue
Which of the following is a disadvantage of a business venture with an inability to forecast income and expenses?
Increased uncertainty in financial planning
Katlin Smith is conducting a feasibility study to develop an iPhone app for high school math students. She is collecting data from various sources, including volunteer tutoring at a local high school.
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