
E OBJ 2.04 MC
Authored by Andrea Cooper
Business
9th - 12th Grade
Used 119+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a reason to conduct a feasibility study:
Considering a new product idea
Ordering office supplies
Hiring a new employee
Choosing an advertising slogan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a true statement about feasibility studies:
They are inexpensive to conduct.
They are especially important for government projects.
They are used by businesses in every industry.
They are not useful for nonprofit organizations.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The end goal of a feasibility study is to
allow owners/managers to make a sound decision about the venture.
ensure that competitors cannot steal the idea for the venture.
convince investors to commit money to the venture.
determine the best marketing tactics for the venture.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Feasibility studies can help owners/managers to determine
the best time to start a project or venture.
where to find good prices on raw materials.
what their competitors will do.
the best place to recruit new employees.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Owners/Managers should not conduct a feasibility study if they are
considering a business expansion.
certain the idea is feasible.
not ready to start the venture.
unsure about the idea.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The written description of your proposed venture should be
detailed.
as short as possible.
completed at the end of the study.
persuasive.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To be feasible, your venture must
fulfill a need for the target market.
create a new or improved product.
be innovative.
serve the greater public good.
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