Which component of the feasibility analysis requires that entrepreneurs assess product or service demand and desirability?
A) Product/service feasibility.
B) Industry/target market feasibility.
C) Organizational feasibility.
D) Financial feasibility.

Question

Quizplus · Accepted Answer

The component of the feasibility analysis that require entrepreneurs to assess product or service demand and desirability is the product/service feasibility. This component assesses the demand for the product or service, the potential market share, the pricing strategy, and the overall attractiveness of the product or service.

Which Component of the Feasibility Analysis Requires That Entrepreneurs Assess