Part 1: Product/Service Feasibility A.Product/service desirability B.Product/service demand   Part 2: Industry/Target Market Feasibility A.Industry attractiveness B.Target market attractiveness   Part 3: Organizational Feasibility A.Management prowess B.Resource sufficiency   Part 4: Financial Feasibility A.Total start-up cash needed B.Financial performance of similar businesses C.Overall financial attractiveness of the proposed venture

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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You are required to generate an idea based on your opportunity recognition.  From the idea, you need to prepare a feasibility analysis.  Bakery feasibility analysis should consist of the following information:

Part 1: Product/Service Feasibility

A.Product/service desirability

B.Product/service demand

 

Part 2: Industry/Target Market Feasibility

A.Industry attractiveness

B.Target market attractiveness

 

Part 3: Organizational Feasibility

A.Management prowess

B.Resource sufficiency

 

Part 4: Financial Feasibility

A.Total start-up cash needed

B.Financial performance of similar businesses

C.Overall financial attractiveness of the proposed venture

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