Question: Prepare a feasibility study for a new restaurant anywhere in the world. The steps are as follows. Steps in the Feasibility Study: 1. Identifying Market

Prepare a feasibility study for a new restaurant anywhere in the world. The steps are as follows.

Steps in the Feasibility Study:

1. Identifying Market Area Characteristics

2. Evaluating the Proposed Site

3. Analyzing the Competition

4. Estimating Demand

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