Question: Why should an entrepreneur do feasibility study for starting a new venture? a.To explore potential customers. b.To estimate the expected sales. c.To see if there

Why should an entrepreneur do feasibility study for starting a new venture?

a.To explore potential customers.

b.To estimate the expected sales.

c.To see if there are possible barriers to success.

d.To identify possible sources of funds.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Marketing Questions!

Q:

Looking back over the last few years, it is clear that Nicole Mackisey has accomplished a lot running her business, Nicoles Getaway Spa (NGS). Nicole is curious about her companys performance as she...

Q:

Every answer should be as detailed as possible. Question No: 1 Which of the following shows the process of creating something new? a)Business model b)Modeling c)Creative flexibility d)Innovation...

Q:

31 5:31 PM Ollill B/s 36 TRICO Departure point d) Goal orientation Question No: 15 The level at which an individual is viewed by society is called: a) Financial status b) Qualification c) Social...

Q:

multiple choices 1. Why should an entrepreneur do a feasibility study for starting a new venture? . To identify possible sources of funds . To see if there are possible barriers to success . To...

Q:

37 The major difference between entrepreneurs and other innovators is :- A Innovators work in teams, but entrepreneurs do not Binnovators manage start-ups, but entrepreneurs do not C Entrepreneurs...

Q:

Which of the following is not a reason why small businesses do not write formal business plans? O a. The belief that strategic planning is for bigger organizations. O b. No data available. OC A lack...

Q:

Why should an entrepreneur do a feasibility study for starting a new venture? A. To identify possible sources of funds B. To see if there are possible barriers to success C. To explore potential...

Q:

Management Science Journal - Please read and summarize the attached journal entry. The summary should discuss the main finding(s), the methods used, the implications of the work, and, importantly,...

Q:

can someone answer this? Feasibility Anche 21 Soles Projections: kidhidheal Downkade Subcriptions Close Seling of CDG Cards $900.000 $1,100.00301 --$250,000 $180.000 750,000 050,000 200.000 150,000...

Q:

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

Q:

Case Study Marketing StartUp, in 3-4 pages -- Who are the key players in the drama? -- What are the key issues these people are facing? -- What potential solutions are they considering? -- What...

Q:

Consider the Black -Scholes model (SS)[0,71 and let 0

Q:

Homework (Q1Y(x) =/= y(x) = X(2X+3) a) find using y (x+h)-Y(x) = dy, n dx lim h-10 y(x+h)-Y(x) dyz h dxc = use the rule to find dy dx b) find the slope of the 1 ycx at x=2 y(x) at x = 2 (3) y(x) at x...

Q:

Based on the following petty cash information, prepare journal entries to establish the petty cash fund and to replenish the fund at the end of the month. 1 . On March 1 , a check is written for $ 1...

Q:

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

Q:

Do you have experience with group conflict, as either a group member or leader? If so, how was this conflict handled? Did conflict strengthen or weaken the communication between group members?

Q:

IV. How should we market this new Web site? A. Discuss the focus of the marketing campaign: Whats the message? B. Brainstorm how to get the message out C. Distill list of ideas; assign roles

Q:

Consider the six steps to problem solving weve just discussed. If Susan, the leader of EcoCrew, had chosen a different leadership style, would this have affected how the problem-solving steps were...