Reference no: EM132735671
"A feasibility analysis is a chance to open your eyes, ask yourself some very tough questions, then check to see whether your idea, as originally conceived, needs to be modified, refocused, or changed dramatically. (Or perhaps even scrapped altogether.)" (Abrams, as cited in Scarborough & Cornwall, 2015, p. 237).
With this assignment, you will be addressing the fundamental question: Does this business have profit potential?
Referring to the same business you either started or purchased in the first assignment, write a three to four (3-4) page paper in which you:
Conduct a feasibility analysis in which you research:
Industry and Market Feasibility
Product or Service Feasibility
Financial Feasibility
Entrepreneurial Readiness
Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned?
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Determine selling price per unit if a net profit of desired
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Information technology systems and management
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Feasibility analysis is chance to open your eyes
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Calculate the variable overhead spending variance for april
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What was the direct labor efficiency variance for the month
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Record the journal entry for this transaction
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