________ Is the Process of Determining Whether a Business Idea

question 57

Multiple Choice

________ is the process of determining whether a business idea is viable.

• A) Feasibility analysis
• B) Opportunity recognition
• C) Likelihood analysis
• D) Achievability analysis
• E) Scenario analysis

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Definitions:

Averaged Behaviors

The collective pattern or norm of behaviors exhibited by a group of individuals, deduced by aggregating individual behaviors.

Personality Traits

Enduring characteristics and behaviors that define an individual's patterns of thought, feeling, and acting.

Random Variations

Random variations refer to changes in data, biological traits, or phenomena that occur without a discernible pattern, order, or predictability.

Aggregated

Combined or collected into a summary form from separate parts.