Explain 'Market-survey and analysis' as a feature of a feasibilit… - Vidyadip

Question

Explain 'Market-survey and analysis' as a feature of a feasibility plan.

✓

Answer

The entrepreneur must conduct a detailed survey and research in the market to find the viability of the project. He should know the market characteristics. He must find out in detail about costumer needs, level of consumption, likes and dislikes etc. The feasibility report must give a detailed analysis about the trend, fashion and demand in the market.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Entrepreneurial Planning→Entrepreneurial Planning — all question types→Entrepreneurship STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

An entrepreneur has decided to open a retail outlet to sell fast food items like pizza, noodles etc. in the rural areas. Do you think his decision is correct? Give anyone reason identifying the environmental factor helpful in taking this decision.

State the various support activities as suggested by Michael Porter.

Who manages SEBI?.

Sales strategy is of immense use for sales representatives. How?

What is a production plan?

Explain the different types of sales strategies.
OR
Differentiate between the direct selling mode and the indirect selling mode.

Name and explain the method of pricing in which price of a product is fixed consciously at a low level with minimal margin of profit.

"For what type of ventures SIDBI provide Venture Capital assistance to the entrepreneurs.”

State any two types of utilities created by business activities.

Name some Institutional investors to whom entrepreneurs can raise funds by selling the issues.