The correct answer is Option (1) → (D), (A), (B), (C)
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(D) Obtain a concept of the product suggested by one idea: The starting point is always the raw idea or concept for a product/service.
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(A) Examine the idea for its real life use and application (Idea Screening/Feasibility): Once you have a concept, the next step is to evaluate its market and commercial viability. Does it solve a real problem? Is there demand? This is the initial screening.
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(C) Identify the technology required to produce the product (Technical Feasibility): After confirming the idea is commercially viable, you must determine the practical requirements—the technology, machinery, or processes needed to actually create the product.
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(B) Decide the level of operation (Scale/Scope/Business Planning): Finally, after confirming the concept, its market, and its production method, you decide on the scale of the business (e.g., small-scale, large-scale, local, national) as part of detailed business planning.
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