Podcast
Questions and Answers
What is the primary focus of a market study?
What is the primary focus of a market study?
- Assessing the availability of resources
- Identifying the target audience and their needs (correct)
- Determining the market size and coverage
- Evaluating the financial potential of a project
What is the main objective of a feasibility study?
What is the main objective of a feasibility study?
- To evaluate the financial potential of a project
- To determine the viability of a project
- To identify the target market and its needs
- To assess the practicality of a project (correct)
Which of the following is NOT a type of study?
Which of the following is NOT a type of study?
- Market coverage study
- Consumer analysis (correct)
- Viability study
- Feasibility study
What is the primary difference between a feasibility study and a viability study?
What is the primary difference between a feasibility study and a viability study?
Which of the following is a correct statement about a market study?
Which of the following is a correct statement about a market study?
In a business setting, what is the primary purpose of identifying consumer needs?
In a business setting, what is the primary purpose of identifying consumer needs?
What is the primary goal of a feasibility study?
What is the primary goal of a feasibility study?
What is the main distinction between a feasibility study and a viability study?
What is the main distinction between a feasibility study and a viability study?
In a business setting, what is the primary purpose of conducting a market study?
In a business setting, what is the primary purpose of conducting a market study?
What is the main objective of a consumer study?
What is the main objective of a consumer study?
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Study Notes
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