Feasibility Studies and Project Evaluation
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Questions and Answers

What is the main topic discussed in the provided text?

  • Economic conditions in small towns
  • Challenges faced by restaurants
  • Market analysis for small businesses
  • Feasibility studies in project management (correct)

    • Why do many people resort to creating their own projects despite having full-time professions?

  • To compete with large corporations
  • To gain experience in project management
  • To manage their spare time effectively
  • To overcome poor economic conditions (correct)

    • What is the success rate of restaurants opened annually in the small town mentioned?

  • Ten successful restaurants out of twenty
  • One successful restaurant out of twenty (correct)
  • All twenty restaurants are successful
  • Five successful restaurants out of twenty

    • Which aspect is NOT mentioned as a challenge faced by the successful restaurant?

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

    What is the main reason for the small number of successful restaurants in the small town?

    <p>Challenges in market and resource management</p> Signup and view all the answers

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