Question

4. How many months should be taken by a pre-feasibility Study?
(A) Four
(B) Five
(C) Three
(D) Seven

Answer 1

Answer:

Expect a feasibility study to take about 60 to 90 days. Unless the market is very hot, don't tie up much money, if any, in sales agreements for the land during this time period. Be sure any agreements you sign include a reimbursement of your deposit should you elect not to pursue the project.

Step One:

Conduct a Preliminary Analysis. ...

Step Two:

Prepare a Projected Income Statement. ...

Step Three:

Conduct a Market Survey. ...

Step Four:

Plan Business Organization and Operations. ...

Step Five:

Prepare an Opening Day Balance Sheet. ...

Step Six:

Review and Analyze All Data. ...

Step Seven:

Make "Go/No Go" Decision.

Answer 2

Answer:

a is a correct ans

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