Business Studies · Entrepreneurship and Feasibility Study
Why should an entrepreneur conduct a feasibility study before starting a new venture?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To secure immediate government subsidies
- 2To assess viability and identify potential barriers to success✓
- 3To register trademarks and patents
- 4To recruit high-level management personnel
Correct answer
To assess viability and identify potential barriers to success
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