OBJECTIVES: Develop feasibility study$/$analysis to set up new firm.

EXPECTED LEARNING OUTCOME:

$1.$ Describe the process of conducting an idea assessment.

$2.$ Explain the elements of a feasibility analysis.

$3.$ Describe the six forces in the macro environment of an industry.

$4.$ Understand how Porter$$s Five Forces Model assesses the competitive environment.

$5.$ Describe the various methods of conducting primary and secondary market research.

$6.$ Understand the four major elements of a financial feasibility analysis.

$7.$ Describe the process of assessing entrepreneur feasibility.

$8.$ Describe the nine elements of a business model in the Business Model Canvas.

TASKS: Conducting and preparing feasibility analysis for the business based on the provided format.