Product-service feasibility analysis is assessment

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Reference no: EM132086456

1. Product/service feasibility analysis is an assessment of the overall appeal of the product or service being proposed. The two components of product/service feasibility analysis are product desirability and product demand. How would you conduct a product/service feasibility analysis for “your” venture? Be brief.

2. Industry/market feasibility analysis is an assessment of the overall appeal of the market for the product or service being proposed. For feasibility analysis, there are two primary issues that a business should consider in this area: industry attractiveness and target market attractiveness. Given that most start-ups simply don’t have the resources needed to participate in a broad market, how would you conduct a market feasibility analysis for “your” venture? Be brief.

3. Organizational feasibility analysis is conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch its business. There are two primary issues to consider in this area: management prowess and resource sufficiency. How would you conduct an organizational feasibility analysis for “your” venture? Be brief.

Reference no: EM132086456

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