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6a-1e Product/Service Development Analysis Explanation: Before going any further with a conceptual idea, the entrepreneur must determine whether the concept has any practical feasibility.
6a-1e Product/Service Development Analysis Explanation: Before going any further with a conceptual idea, the entrepreneur must determine whether the concept has any practical feasibility. One of the most important questions in this section of the feasibility analysis would be: "What unique features distinguish your product/service?" The more unique the features of a product or service, the better chance the business concept has of being successful.
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