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Feasibility QUIZ

Authored by Deborah Hutchison

Business

10th Grade

Used 1+ times

Feasibility QUIZ
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What is the purpose of a feasibility study?

To predict market trends

To assess the practicality o a proposed plan

To evaluate marketing strategies

to analyze financial statements

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following is a key feature of test marketing?

Developing a marketing strategy

Launching a full-scale product

Conducting small-scale launches to gauge consumer response

Analyzing market impact

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Prototyping is most closely associated with which activity?

Finalizing a marketing plan

Conducting a market analysis

Writing an executive summary

Creating a preliminary model of a product

4.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Market research primarily involves what?

Gathering and analyzing information about consumers

Developing prototypes

Writing a prospectus

Evaluating executive summaries

5.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following describes a unique benefit that allows a company to outperform its competitors?

SWOT Analysis

Market Entry

Market Saturation

Competitive Advantage

6.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which term refers to potential problems that may arise in a business plan?

Marketing Functions

Pitfalls

SWOT

Prototype

7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Market functions primarily deal with which aspect?

The practical roles and activities required to meet consumer needs

Employee management

Prototyping

The internal structure of a company

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