A Feasibility Study Is Created by What Action

question 24

Multiple Choice

A feasibility study is created by what action?

• A)documenting important parts of your business
• B)testing, information gathering, and analysis
• C)well-defined financial forecasts
• D)meeting with the founders who will agree on the plan of action

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Definitions:

Executive Summary

A concise document summarizing the key points of a more extensive business report or proposal.

Marketing Plan

A marketing plan outlines an organization's strategy for promoting its products or services, including target market analysis, marketing objectives, and specific campaigns or actions.

Situation Analysis

An assessment process that involves evaluating the internal and external factors affecting an organization's performance to identify potential opportunities and threats.

Internal Environment

Refers to the conditions, entities, events, and factors within an organization that influence its activities and choices, including its employees, management, corporate culture, and internal processes.