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

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Definitions:

Innate System

The innate system typically refers to inborn biological structures or mechanisms that come naturally, without being learned or acquired.

Survival Value

The degree to which a behavior or trait increases the chances of an individual or species to survive and reproduce.

Observable Characteristics

Traits or features of individuals or objects that can be directly seen or measured.

False Consensus

A cognitive bias whereby individuals overestimate how much others share their beliefs, attitudes, and behaviors.