The Process of Determining Whether an Entrepreneur's Idea Is a Viable

question 67

Multiple Choice

The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business is known as a ________.

• A) business plan
• B) strategic analysis
• C) industry analysis
• D) feasibility analysis

Comprehend the structure of expert systems and their functioning.

Understand the concept and importance of contrary recognition and noticing in the creative process.

Learn how the problem space theory explains problem-solving processes.

Understand the utility and limitations of algorithms and heuristics in problem-solving.

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied for a given period.

Emission Standards

Regulations set by governments to limit the amount of pollutants that can be emitted into the environment by automobiles, factories, and other sources.

Quantity Supplied

The quantity of a product or service that suppliers are ready and capable of offering for sale at a specific price point.

Supply Curve

A graphical representation of the relationship between the price of a good or service and the quantity supplied for a given period.