Please enable JavaScript.
Coggle requires JavaScript to display documents.
FEASIBILITY STUDY - Coggle Diagram
FEASIBILITY STUDY
-
Market Feasibility Study
Product/Services
A product is defined as anything that can be offered to a market for attention, acquisition, use, or consumption.
A service is defined as any activity or benefit that one party can offer to another that is essentially intangible
Customers
Individuals and households, business organizations local as well as international and government organizations that buy product and services for consumption.
Competitors
Other businesses that provide similar, substitute or alternative product/service
Market Demand
Portion of the market that the business can control after taking into consideration market demand and the competitors’ position in the same market
-
-
-
-
-
Introduction
Preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is viable or worth pursuing
Conducted to determine the viability of an idea before proceeding with the development of the business
Conclusion
Gives clear idea whether proposed business is a business idea before proceed preparation of business blueprint