MNGT2002: Business Venturing - Management Assignment Help

Assignment Task:

PURPOSE:

The purpose of this assessment is to provide you with an opportunity to conduct a preliminary evaluation of your individual new innovation/business idea, to determine whether the idea will be feasible and warrant the development of a business plan. The task requires an outline of the core business statement, and evaluation of the market and technical and commercial feasibility of your initial concept. 

PARAMETERS:

Feasibility analysis is the process of determining if a business concept is viable. It is the preliminary evaluation of a business idea, following opportunity recognition, conducted for the purpose of determining whether the idea is worth pursuing providing an entrepreneur with a more secure notion of feasibility before the development of a business plan. 

OBJECTIVE:

The objective is to evaluate the initial concept of a new business venture opportunity by conducting a feasibility study. 

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