Does It Make Sense? Is It Reasonable? Is It Something

question 63

Multiple Choice

Does it make sense? Is it reasonable? Is it something consumers will get excited about? Does it take advantage of an environmental trend, solve a problem, or fill a gap in the marketplace? These are the types of questions asked during the ________ component of a complete feasibility analysis.

• A) financial feasibility
• B) industry/target market feasibility
• C) organizational feasibility
• D) concept feasibility
• E) product/service feasibility

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Definitions:

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services to customers.

Common Stock

A type of security representing ownership in a corporation, giving holders a share of profits in the form of dividends and voting rights in corporate matters.

Liability Accounts

Financial obligations or debts of a business that are recorded on its balance sheet.

Asset Accounts

These accounts record resources owned or controlled by a company that have economic value and can provide future benefits.