Match the term with its definition.
-A preliminary assessment of a business idea that gauges whether the venture envisioned is likely to succeed
A)capabilities
B)competitive advantage
C)competitive environment
D)core competencies
E)cost-based strategy
F)differentiation-based strategy
G)entrepreneurial alertness
H)fatal flaw
I)feasibility analysis

Question

Quizplus · Accepted Answer

Feasibility analysis is a preliminary assessment of a business idea that gauges whether the venture envisioned is likely to succeed. The other options are:
A) Capabilities - refers to the skill sets or resources possessed by a company 
B) Competitive advantage - refers to the unique advantage that a company has over its competitors 
C) Competitive environment - refers to the external factors that may influence a company's competitiveness 
D) Core competencies - refers to the key strengths or abilities that a company has 
E) Cost-based strategy - refers to a pricing strategy based on the cost of producing a product or offering a service 
F) Differentiation-based strategy - refers to a strategy based on offering a unique or superior product or service 
G) Entrepreneurial alertness - refers to an individual's ability to identify and exploit opportunities for entrepreneurship 
H) Fatal flaw - refers to a flaw or weakness in a business idea or plan that could lead to its failure.

Match the Term with Its Definition