The First Screen Feasibility Analysis Template Included in Chapter 3

question 31

Multiple Choice

The First Screen feasibility analysis template included in Chapter 3 is called "First Screen" because ________.

• A) it is the first feasibility analysis template created
• B) it is the first and most important step in the opportunity recognition process
• C) it is the first step in a sequence of several steps that must be completed before a business idea is deemed to be feasible
• D) feasibility analysis is an entrepreneur's initial or first pass at determining the feasibility of a business idea
• E) it is the first of several "screens" that a business idea must pass through before it is considered to be feasible

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Definitions:

Permanent Record

A permanent record is a long-term documentation of important information, actions, or events that are preserved for future reference or legal compliance.

Scope of Message

The extent or range of the content and implications of a communication.

Skeptical

Having an attitude of doubt or disbelief, often questioning the authenticity or truth of something.

Knowledgeable Audience

A group of individuals who are well-informed or have expertise in a particular subject matter being discussed or presented.