Please answer this questions

Quiz#2 Name: Date: Course/Shift: Score: A. Select the correct answer. 1. is the process of determining whether a business idea is viable. A) Feasibility analysis B) Opportunity recognition C) Viability analysis D) Process analy 2. Which of the following is NOT one of the four areas of feasibility analysis discussed in the textbook? A) Product/service feasibility C) Societal feasibility B) Financial feasibility D) Organizational feasibility 3. feasibility is an assessment of the overall appeal of the product or service being proposed. A) Consumer B) Industry/market segment C) Industry/market D) Product/service 4. A is a detective or an investigator who scrounges around for information or clues wherever they can be found. A) Agent B) Gumshoe C) Mystery Shopper D) Consumer 5. One of the most attractive characteristics of an Industry is A) Are growing rather than shrinking. C) Are crowded B) Are concentrated rather than fragmented. D) Have low operating margins 6. The focus in organizational feasibility analysis should be on that are critical to many start- ups' success. A) Financial Resources B) Human Resources C) Non-Financial Resources D) Equipments 7. The two components of product/service feasibility analysis are product/service and product/service_ A) value; affordability B) demand; timelinessC) timeliness; value D) desirability; demand 8. Which of the following is NOT a part of assessing the product/service feasibility of a business idea? A) "Get out of the building" and talk to potential customers C) Library research B) Surveying potential customers D) Analyzing industry attractiveness 9. Which of the following items is typically NOT included in a concept statement? A) A brief description of the company's management team B) A description of how the product or service will be sold and distributed C) A description of how much money the new venture needs D) The benefits of the product or service