What Should a Feasibility Analysis Show Before the Entrepreneur Moves

question 45

Multiple Choice

What should a feasibility analysis show before the entrepreneur moves to the business plan step?

• A)strong market potential
• B)an attractive industry
• C)the right team to execute the plan
• D)All of the above should be should be evident.

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Definitions:

Import Quota

A government-imposed limit on the quantity of a particular good that can be imported into a country.

Equilibrium Price

The price at which the quantity of goods demanded equals the quantity of goods supplied, resulting in a stable market condition.

Import Competition

The competition that domestic firms encounter from the products and services of foreign producers.

Trade Barriers

Regulations or policies implemented by countries to control the import and export of goods and services.