Question
Brian would have needed to conduct a feasibility study to establish whether his IT consultancy company would be a successful venture. Which one of the
Brian would have needed to conduct a feasibility study to establish whether his IT consultancy company would be a successful venture. Which one of the following is true for a feasibility study?
1 A feasibility study is the same as a business plan
2 A feasibility is conducted after the business plan has been compiled
3 A feasibility study mainly entails the gathering of data to help the entrepreneur decide whether or not to go ahead with an idea
4 A feasibility study identifies and describes the nature of the business opportunity or the new venture
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