Organizational Feasibility Analysis Is Conducted to Determine Whether a Proposed

question 54

True/False

Organizational feasibility analysis is conducted to determine whether a proposed business venture has sufficient management expertise, organizational competence, and resources to successfully launch its business.

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Definitions:

Duopolies

A market structure where two companies own all or nearly all of the market for a given type of product or service.

Cartel

An association of manufacturers or suppliers formed to maintain high prices and restrict competition.

Individual Profits

The income that an individual receives from their investment or entrepreneurial activity after deducting all costs.

Collude

To engage in a secret agreement or cooperation, especially with the intention of cheating or deceiving others.