Computer Science Concepts

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Questions and Answers

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?

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?

Market coverage study
Consumer analysis (correct)
Viability study
Feasibility study

What is the primary difference between a feasibility study and a viability study?

One focuses on financial potential, while the other focuses on practicality (D) Signup and view all the answers

Which of the following is a correct statement about a market study?

It identifies the target audience and their needs (C) Signup and view all the answers

In a business setting, what is the primary purpose of identifying consumer needs?

To inform the development of a product or service (D) Signup and view all the answers

What is the primary goal of a feasibility study?

To assess the technical feasibility of a project (D) Signup and view all the answers

What is the main distinction between a feasibility study and a viability study?

The focus on technical versus financial aspects (D) Signup and view all the answers

In a business setting, what is the primary purpose of conducting a market study?

To identify consumer needs and preferences (D) Signup and view all the answers

What is the main objective of a consumer study?

To identify consumer needs and preferences (D) Signup and view all the answers

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