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
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
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
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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