Question: QUESTION 3 A Feasibility analysis is to determine whether a business idea is worth pursuing. There are four interrelated components in feasibility analysis which including

QUESTION 3 A Feasibility analysis is to determine
QUESTION 3 A Feasibility analysis is to determine whether a business idea is worth pursuing. There are four interrelated components in feasibility analysis which including industry and market analysis, product or service analysis, financial analysis and entrepreneur analysis. Elaborate any TWO (2) components to analyse entrepreneur feasibility. (4 marks) B. A product or service feasibility analysis determines the degree to which a product or service idea appeals to potential customers and identifies the resources necessary to produce the product or provide the service. Describe TWO (2) sources that can be used in secondary research. (4 marks) C. Lenders and investors evaluate the creditworthiness of a business plan by few criteria. Discuss THREE (3) important criteria in a business plan. (6 marks) D. Pitching a business plan presentation usually takes short time, often no more than a few minutes. Identify THREE (3) tips in making a business plan presentation effective. (6 marks) (Total: 20 Marks)

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