1F Flashcards
1
Q
what are the market research process’s
A
- define objective and problem
- determine research design
- design and prepare research instruments
- sampling data collection
- analyze data
- visualize and communicate results
2
Q
what are of feasibilities to consider
A
market feasibility, operational feasibility, technology feasibility, legal feasibility, commercial feasibility
3
Q
what is market feasibility
A
process of investigating and analyzing the activities and behaviors of customers and competitors in a specific industry
4
Q
what is operational feasibility
A
business environment
5
Q
what is technological feasibility
A
do you have what you need
6
Q
what is legal feasibility
A
what laws hold you back
7
Q
what is commercial feasibility
A
what you will make? is it affordable
