Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

What are the aspects of feasibility analysis under Entrepreneurship Development ?

A. Technical Aspect

B. Economic Aspect

C. Financial Aspect

D. Commercial Aspect

E. Political Aspect

Choose the correct answer from the options given below :

Options:

A, B and C Only

A, B, D and E Only

A and B Only

A, B, C and D Only

Correct Answer:

A, B, C and D Only

Explanation:

The correct answer is option (4) : A, B, C and D Only

The aspects of feasibility analysis under Entrepreneurship Development are:

A. Technical Aspect: This aspect involves evaluating the technical feasibility of the proposed business venture. It includes assessing the availability of technology, machinery, equipment, and other resources required for the business.

B. Economic Aspect This aspect involves evaluating the economic feasibility of the proposed business venture. It includes assessing the demand for the product or service, market size, competition, and potential profitability.

C. Financial Aspect: This aspect involves evaluating the financial feasibility of the proposed business venture. It includes assessing the availability of funds, the cost of capital, and the projected financial statements.

D. Commercial Aspect: This aspect involves evaluating the commercial feasibility of the proposed business venture. It includes assessing the legal and regulatory requirements, the availability of raw materials, and the marketing and distribution channels.

Therefore, the correct answer is option 4: A, B, C and D Only.