Ansanellyidn
Answered

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which part of a feasibility study analyzes the reaction of the market to influence such as demand, price , trends , and competition​?

Sagot :

Jamesvillacoidn

Answer:

Market- industry type; marketing characteristics; market growth; competition environment; sales projections Market Assessment

A market assessment may be conducted that will help determine the viability of a proposed product or service in the marketplace. The market assessment will also help to identify demand in the market, and at what price. If no opportunities are found, there may be no reason to proceed further with the feasibility study. If opportunities are found, the market assessment can give focus and direction in the construction of business scenarios to investigate in the feasibility study. A market assessment will provide much of the information for the marketing feasibility section of the feasibility study

Explanation:

Market feasibility studies help identify market competition, potential markets, and market analysis to assess a business idea. They are valuable for anyone looking to start a business

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