________ is the process of determining whether a business idea is viable.
A) Feasibility analysis
B) Opportunity recognition
C) Viability analysis
D) Achievability analysis
E) Scenario analysis

Question

Quizplus · Accepted Answer

Feasibility analysis is the process of evaluating a business idea to determine whether it is viable. This analysis includes evaluating the market demand, competition, financial feasibility, technical feasibility, and legal and regulatory feasibility of the idea. It helps entrepreneurs to make informed decisions before investing resources into a new business opportunity.

________ Is the Process of Determining Whether a Business Idea