Answered

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What is the purpose of conducting research in your feasibility analysis?

A. To create a logo
B. To ensure you know the opportunities and threats in your industry
C. To decide on your company's mission statement
D. To find suppliers

Sagot :

GinnyAnsweridn

Final answer:

Research in feasibility analysis helps identify industry opportunities and threats to inform decision-making.


Explanation:

The purpose of conducting research in your feasibility analysis is to ensure you know the opportunities and threats in your industry. By conducting research, you can gather data on market trends, customer preferences, competition, and other factors that can impact the success of your business venture. This information helps in making informed decisions and developing a viable business plan.


Learn more about Feasibility Analysis in Business here:

https://brainly.com/question/34580446


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