An evaluation of the general environment
A) is done before the feasibility analysis.
B) can benefit small businesses as well as large firms.
C) will clarify the unique value of the startup idea.
D) is appropriate only for large firms that have corporate staffs to manage the process.

Question

Quizplus · Accepted Answer

Evaluating the general environment is important for all businesses, regardless of size. It can help identify opportunities and threats in the external environment that may affect the business's success. This information can be valuable for small businesses as well as large firms in making strategic decisions.

An Evaluation of the General Environment