The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business is known as a (n) ________. A. Industry analysis B. Strategic analysis C. Feasibility analysis D. Business plan
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Step 1: The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business is known as feasibility analysis. Show more…
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A solid business plan ________. A. All of the above B. Helps prove to outsiders, such as potential lenders and investors, that a business idea can be successful C. Requires a potential entrepreneur to assess the venture's chances of success more objectively D. Forces potential entrepreneurs to look at their business idea in the harsh light of realit
Asma V.
A solid business plan ________. A. Helps prove to outsiders, such as potential lenders and investors, that a business idea can be successful B. Forces potential entrepreneurs to look at their business idea in the harsh light of reality C. Requires a potential entrepreneur to assess the venture's chances of success more objectively D. All of the above
Potential investors tend to believe that if an entrepreneur cannot develop a good plan, the entrepreneur ________. A. Needs to hire a consultant to write the plan for him B. Is probably the action-oriented sort of person they need to run a business C. Is just like the majority of entrepreneurs and will probably do quite well D. Probably lacks the discipline to run a business
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