Feasibility Analysis in Business and Entrepreneurship Quiz

Evaluating the financial performance of a company.

The process of determining if a business idea is viable. (correct)

Developing a business plan for a new venture.

Conducting market research for an established business.

To finalize the business plan.

To put an idea into test.

To evaluate the success of an existing business.

To determine if an idea is worth pursuing and to screen ideas before spending resources on them. (correct)

Before conducting any market research.

After the development of a business plan.

During the opportunity recognition stage. (correct)

After investing in a business idea.

<p>Collecting research from industry experts and focus groups.</p> Signup and view all the answers

<p>To determine if an idea has sufficient merit to become a business early in the process.</p> Signup and view all the answers