And why did you choose the answer?
CASE STUDY: FEASIBILITY STUDY Amal's passion was candy sweets. She wanted to make and sell her own candy sweets, but her family told her to choose something more stable. She took an office job, but her position was downsized. She considered her love of candy sweets, and a little research showed that there was a market for her interests. There was one problem; however, she never made candy sweets outside of her home and was not sure how to sell it in mass. Her family told her that she lacked the necessary skills to create her own business, and she found another office job. 1. What is necessary to determine feasibility? Select your answer and explain why? a) Market b) Market and customers ) Customers ) Business plan 2. What is NOT a question that would determine feasibility? Select your answer and explain why? a) Is there a market for your product? b) What is the outlook for the market? c) Do you like what you do? d) How would you operate? 3. What must be discovered before choosing a business? Select your answer and explain why? a) Interests b) Expectations c) Marketing (1) Staffing 4. Personal interests should feasible business ideas. Choose the correct word and validate the statement. a) Be separate from b) Include c) Avoid - Overlap with 5. What is something that you gain from observation, encounters, and actions? Select your answer and explain why? a) Experience b) Interest c) Expertise Competition d) Overlap with 5. What is something that you gain from observation, encounters, and actions? Select your answer and explain why? a) Experience b) Interest c) Expertise ) Competition 6. What is a good source of experience? Select your options and explain why? a) Interest b) Education a Work 4) None of the above 7. Education and training create . Choose the correct word and validate your stateme.t? a) Feasibility b) Expertise aInterest a) Experience 8. What should you do if you lack expertise? Select your option and explain why? a) Choose another idea b) Do not become an entrepreneur c) Work harder ) Learn the skill 9. Why did Amal choose not to become an entrepreneur? Select your option and explain why? a) Interest b) Family c) Not feasible None 10. What did Amal discover after losing her job? Select your option and explain why? ) There was a market for her product b) There was not a market for her product c) She did not have the passion any longer d) She had the necessary skills