Asked by Alyssa Kummerl on Feb 18, 2024
Verified
The feasibility study helps determine whether the idea is a "go" or "no go." ______
Entrepreneurship
A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.
- Assessing the financial viability and potential profitability of the idea.
- Identifying potential risks and challenges associated with implementing the idea.
- Understanding the market potential and demand for the idea.
Verified Answer
HS
Harsh Singh
Feb 18, 2024
Final Answer :
True
Explanation :
The feasibility study analyzes the viability of a project or idea and helps in making a decision about whether to proceed or not. Therefore, the statement is true.
Learning Objectives
- Assessing the financial viability and potential profitability of the idea.
- Identifying potential risks and challenges associated with implementing the idea.
- Understanding the market potential and demand for the idea.
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