Question: 2 Multiple Choice 5 points What is the primary purpose of conducting a feasibility analysis for a new business venture? to establish a legal framework
Multiple Choice
points
What is the primary purpose of conducting a feasibility analysis for a new business venture?
to establish a legal framework for the business entity
to assess the potential for success and uncover risks asseciated with a business idea
to develop a comprehensive marketing plan
to create a detailed financial forecast for the first year of operation
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