Which of the Following Issues Should Be Considered in Industry/target

question 33

Multiple Choice

Which of the following issues should be considered in industry/target market feasibility analysis?

• A) Gaps in the marketplace
• B) Financial performance of similar businesses
• C) Resource sufficiency
• D) Industry attractiveness
• E) Management prowess

---

Definitions:

Illegal Agreement

A contract based on the premise or performance of an activity that violates the law, making it unenforceable.

Noncompetition Clause

A provision in a contract that restricts one party from entering into or starting a similar profession or trade in competition against another party.

Legitimate Business Purpose

A reasonable, lawful reason for engaging in a particular business activity or decision.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize laws across the states.