A(n)________ Is the Process of Examining a Need in the Market

question 105

Multiple Choice

A(n) ________ is the process of examining a need in the market, developing a solution for that need, and determining the entrepreneur's ability to successfully turn the idea into a business.

• A)business plan
• B)strategic analysis
• C)idea assessment
• D)feasibility analysis

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Definitions:

International Transfers

The process of moving funds, employees, data, or goods across national borders from one country to another.

Job-Related Skills

Abilities or expertise that are directly relevant to performing specific jobs or tasks within a profession.

Operating Employees

Employees who are directly involved in the core business operations of an organization, such as production or service delivery.

Technical Specialists

Individuals who have extensive knowledge and skills in a specific technical area, contributing their expertise to improve organizational processes or products.