Download App

Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship Journey3 Marks
Question
Explain the types of feasibility study.
✓

Answer

Types of feasibility study:
  1. Market Feasibility: Includes a description of the industry, current market, anticipated future market potential, competition, sales projections, potential buyers, etc.
  2. Technical Feasibility: Details on how to deliver a product or service (i.e., materials, labour, transportation, where the business will be located, technology needed, etc.).
  3. Financial Feasibility: Projects how much start-up capital is needed, sources of capital, returns on investment, etc.
  4. Organisational Feasibility: Defines the legal and corporate structure of the business (may also include professional background information about the founders and what skills they can contribute to the business).

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Entrepreneurship Journey→Entrepreneurship Journey — all question types→Entrepreneurship STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Name the model of bicycle introduced by Kinetic Engineering Ltd. through intrapreneurship.
→
What is a questionnaire? Give the qualities of a good questionnaire.
→
“Raju is a 16 year young boy, working hard to earn his living. He also tries to save some part of his earnings to acquire basic education”. He falls in which level of Need as propounded by Maslow in his Motivational Theory?
→
Explain the following terms. 1993.
  1. Cash.
  2. Cash flow.
→
Name the Latin word for 'motivation'.
→
An ideal business plan must clearly define certain points. What are they?
→
The following information relates to a company, which produces a Plastic Bottles.
Direct labour per unit ₹ 10
Direct materials per unit ₹ 25
Variable overheads per unit ₹ 5
Fixed costs ₹ 30,000
Selling price per unit ₹100
Calculate :
  1. Variable cost per unit.
  2. The minimum number of units that must be sold for the company to break-even.
  3. Show break-even in terms of rupees.
→
How an enterprise gives benefit to society, country and an entrepreneur?
→
Give four examples of Inflow and Outflow of cash.
→
In ‘market penetration strategy', an enterprise attempts to increase the sale of its current products in the current markets by adopting certain approaches. Explain the various approaches briefly.
→