The two components of product/service feasibility analysis are:
A) product/service desirability and product/service demand for similar products
B) product/service demand and total start-up cash needed
C) product/service desirability and management prowess
D) product/service desirability and product/service demand
E) product/service demand and target market attractiveness

Question

Quizplus · Accepted Answer

The two components of product/service feasibility analysis are product/service desirability and product/service demand. These factors help determine whether there is a need or desire for the product/service in the market. By considering both factors, entrepreneurs can assess whether their product/service idea is viable and likely to succeed.

The Two Components of Product/service Feasibility Analysis Are