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

question 57

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:

William James

A pioneering American philosopher and psychologist, known for his foundational contributions to functionalism and pragmatism in psychology.

Robert Zajonc

A psychologist known for his work on social facilitation, the mere exposure effect, and other social and cognitive processes.

Emotional Reactions

The responses, often quick and automatic, of the emotional system to external or internal events.

Interpretation

The act of explaining the meaning of something or presenting one's understanding of a text, event, or situation.