_____ means the extent to which an idea is viable and realistic,and the extent to which you are aware of internal and external forces that could affect your business.

Question

Quizplus · Accepted Answer

Feasibility refers to the practicality of an idea or project. It involves conducting a thorough analysis of internal and external factors that could affect the success of the business, such as market demand, competition, financial resources, technology, and legal regulations. By assessing feasibility, a business owner or entrepreneur can determine whether or not their idea is realistic and viable in the current market conditions.

_____ Means the Extent to Which an Idea Is Viable