Question

How is feasibility study important to the entrepreneurs?

Answer 1

Answer:

A feasibility study examines the practicability of a proposal, business venture or idea. The principal function of this is to determine if the project will continue or not. ... Another important purpose is that it helps planners focus on the project and narrow down the possibilities.

Answer 2

Answer: A feasibility study examine the practicability of a proposal, business venture or idea. It is important to entrepreneurs because it helps planners to focus on the project and narrow down the possibilities.

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