The Most Important Issues to Consider in Financial Feasibility Analysis

question 8

Multiple Choice

The most important issues to consider in financial feasibility analysis are ________.

• A) resource sufficiency, industry attractiveness, and total startup cash needed
• B) total startup cash needed, financial performance of similar businesses, and the overall financial attractiveness of the proposed venture
• C) target market attractiveness, resource sufficiency, and product/service demand
• D) total startup cash needed, management prowess, and product/service demand
• E) concept testing, total startup cash needed, and financial performance of similar businesses

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Definitions:

Promotional Salesperson

An individual who focuses on creating immediate product interest, offering special deals or incentives as part of a short-term sales strategy.

Personal-Selling

A direct sales approach where salespeople interact face-to-face with potential buyers to promote and sell products or services.

Specialist

An individual or business highly skilled and knowledgeable in a specific area or field, offering expertise-based services or products.

Farmer Salesperson

An individual who is both a farmer and takes an active role in marketing and selling the agricultural products directly to consumers or retailers.