Entrepreneurship and Business Feasibility
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Questions and Answers

An entrepreneur has strong ______ in himself/herself and his/her own abilities and skills.

self-belief

A Feasibility Study is an analytical tool used during ______ development to show how a business would operate.

business

A Feasibility Study presents and clarifies the ______ and returns associated with the project.

risks

Lenders typically require an objective evaluation of a project when they consider a ______ investment.

<p>loan</p> Signup and view all the answers

Lenders' primary concerns focus on ______, their risk exposure, and a project's strengths and weaknesses.

<p>repayment</p> Signup and view all the answers

Capacity, in the lenders' 5-C's, refers to the ______'s ability to repay the loan.

<p>borrower's</p> Signup and view all the answers

Technical Feasibility focuses on the ______ resources available to the enterprise.

<p>technical</p> Signup and view all the answers

Capital, in the lenders' 5-C's, refers to what ______ are being financed with the loan and how much is requested.

<p>assets</p> Signup and view all the answers

Technical ______ determines whether the technical resources meet capacity and whether the technical people is able of converting ideas into working systems

<p>feasibility</p> Signup and view all the answers

Economic ______ involves a cost/benefit analysis of the project

<p>feasibility</p> Signup and view all the answers

Legal ______ investigates whether any aspect of the proposed project conflicts with legal requirements and laws

<p>feasibility</p> Signup and view all the answers

Operational ______ involves undertaking a study to analyse and determine whether the project's needs can be met by completing the project

<p>feasibility</p> Signup and view all the answers

Scheduling ______ estimates how much time the project will take to complete

<p>feasibility</p> Signup and view all the answers

[Blank] tools are methods and exercises that individuals can use to approach problem-solving and choice-based scenarios effectively

<p>Decision-making</p> Signup and view all the answers

Using ______ tools can help better understand the entire decision-making process and closely examine the choices available in a specific situation

<p>decision-making</p> Signup and view all the answers

Using this information, you can rank all factors by ______ and score each option to identify which is best suited for your needs.

<p>importance</p> Signup and view all the answers

[Blank] tools can provide the ability to make informed selections and feel confident about regardless of the type of choice with which one is faced

<p>Decision-making</p> Signup and view all the answers

Decision Trees are useful when making decisions that have some level of ______.

<p>uncertainty</p> Signup and view all the answers

If the company invests in the development of its business unit, there can be two ______, i.e.

<p>possibilities</p> Signup and view all the answers

To find out the viability of this option, let us compute its ______ (Expected Monetary Value).

<p>EMV</p> Signup and view all the answers

Influence diagrams are tools through which you can weigh all the potential ______ involved in a decision.

<p>variables</p> Signup and view all the answers

The _______________________ diagram helps hone in on the exact cause of an issue.

<p>Ishikawa</p> Signup and view all the answers

These diagrams can be used as an alternative to ______ trees when inferring and assessing the potential influence of options and their outcomes.

<p>decision</p> Signup and view all the answers

If the organization goes for new product development, there can be following two ______:

<p>possibilities</p> Signup and view all the answers

The _______________________ principle helps identify the most important factors in a situation.

<p>Pareto</p> Signup and view all the answers

Influence diagrams weigh ______, uncertainties and objectives and their interconnectivity mathematically.

<p>selections</p> Signup and view all the answers

A _______________________ analysis refers to an assessment of the benefits of a particular course of action, weighed against the costs incurred.

<p>cost-benefit</p> Signup and view all the answers

A decision making diagram allows you to map out all the possible _______________________ to each decision.

<p>alternatives</p> Signup and view all the answers

A Benefit-Cost Ratio greater than 1 indicates that the project's _______________________ are expected to be greater than its costs.

<p>benefits</p> Signup and view all the answers

A decision matrix is essentially a table with multiple columns, including one that contains each _______________________ and others that contain all other factors that play into a decision.

<p>option</p> Signup and view all the answers

SWOT analysis is a tool used in _______________________ making.

<p>decision</p> Signup and view all the answers

A decision tree is a type of _______________________ making diagram.

<p>decision</p> Signup and view all the answers

Parameter are the inputs to the model that the company does not control or only partially ______

<p>controls</p> Signup and view all the answers

Intermediate Variables are fields that are calculated using ______

<p>formulas</p> Signup and view all the answers

Decision Variables are inputs to the model that the company has ______ control over.

<p>total</p> Signup and view all the answers

The TRAIN Law aims to make the Philippine Tax System simpler, fairer, and more ______ to promote investments, create jobs and reduce poverty.

<p>efficient</p> Signup and view all the answers

The TRAIN Law will finance investments in our people through enhanced ______, health and social services.

<p>education</p> Signup and view all the answers

Mario opted to be taxed at an ______ income tax rate in his initial income tax return.

<p>8%</p> Signup and view all the answers

The gross receipts from Mario's store amounted to ______

<p>P650,000.00</p> Signup and view all the answers

The income tax due for Mario is ______

<p>Php 68,000</p> Signup and view all the answers

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